Moolec Science Sa · NASDAQ:MLEC
Moolec Science Sa — Q4 FY2023 Earnings Presentation
26 slides from Moolec Science Sa's earnings presentation, Oct 23, 2023
Slide 1: Business Update Conference Call
SCIENCE IN FOOD INGREDIENTS Business Update Conference Call 4th Quarter Fiscal Year 2023 October 23, 2023
Slide 2: Disclaimer
Disclaimer SCIENCE IN FOOD INGREDIENTS This presentation was prepared for informational purposes only by Moolec Science SA, (“Moolec”). The information provided in this presentation is intended to highlight certain matters bearing upon the current status of Moolec that may be of interest to potentia
Slide 3: Agenda
Agenda SCIENCE IN FOOD INGREDIENTS 1 Moolec's Opportunity in a Nutshell 2 Scientific and Operational Progress 3 Capital Raise from Strategic Investors .03 Conference 4th Quarter Fiscal Year Call 2023
Slide 4: 1. Moolec's Opportunity in a Nutshell
SCIENCE IN FOOD INGREDIENTS 1. Moolec's Opportunity in a Nutshell
Slide 5: The Current Animal-Protein Production Concerns
The Current Animal-Protein Production Concerns 1 SCIENCE IN FOOD INGREDIENTS Environmental Pest and Feed-to-Meat Animal Pressure Diseases Inne fficie ncy Cruelty From consumers and In confined animals like Due to the significant One of the most governments due to the “African Swine Pig amount of gra
Slide 6: Planting the Future of Food
Planting the Future of Food SCIENCE IN FOOD INGREDIENTS Moolec is a science-based food ingredient company focused on the use of Molecular Farming technology. Our mission is to create unique food ingredients by engineering plants with animal protein genes. .06 Conference 4th Quarter Fiscal Year Call
Slide 7: The Solution: Animal Proteins in Plants
The Solution: Animal Proteins in Plants SCIENCE IN FOOD INGREDIENTS Traditional Seeds Crops Feed Livestock Unsustainable Food ed animal proteins Plant-bas Molecular Seeds Crops Farming Sustainable Food Anima ng l proteins - Genetic engineeri .07 Conference 4th Quarter Fiscal Year Call 2023
Slide 8: Market Size Opportunity (2025E)
Market Size Opportunity (2025E) SCIENCE IN FOOD INGREDIENTS TAM SAM (USD Bn) (USD Bn) Gamma Linolenic Acid (GLA)6, 1.5 Chymosin7, 0.3 Alternative Protein4, 78.0 Processed 1 meat, 734.2 827 37 Texturized Vegetable Nutritional Protein for Food8, 13.0 lipids3, 13.7 Rennet2, 0.8 Non-meat ingredients5, 2
Slide 9: Moolec's Strategic Global Operations
Moolec’s Strategic Global Operations SCIENCE IN FOOD INGREDIENTS Head Quarters & Operational Co Crop Science, Production & Luxemburg & United Kingdom Cultivation Texas, Idaho & Wisconsin (US) Food Science Hub Molenhoek, The Netherlands Back Office, Production & Cultivation Buenos Aires, Córdoba & Ro
Slide 10: Moolec's Strategic Pillars for Value Creation
Moolec’s Strategic Pillars for Value Creation SCIENCE IN FOOD INGREDIENTS Science & Product Intellectual Regulatory Strategic Development Property Approvals Alliances Disruptive integral solutions IP powerhouse with more than Clear regulatory pathway for new Partnerships with established players usi
Slide 11: 2. Scientific and Operational Progress
SCIENCE IN FOOD INGREDIENTS 2. Scientific and Operational Progress
Slide 12: Latest Milestone: High Level of Expression
Latest Milestone: High Level of Expression SCIENCE IN FOOD INGREDIENTS Standard soy Soy proteins only Up to 26.6% of pork protein over total soy soluble protein. That’s ~10%1 of Soy proteins + pig proteins the whole bean. 4X Above Initial Projection 1 Total pig protein content per seed varies based
Slide 13: Same Protein Content, More Value for Customers
Same Protein Content, More Value for Customers SCIENCE IN FOOD INGREDIENTS Standard soy 25% Plant Protein Proteins 35% 35% ~10%1 Carbohidrates 30% 30% Porcine Protein Oil/fats 20% 20% Moisture 10% 10% • nutrition Minerals 5% 5% • functionality • flavor/color/texture 1 Total pig protein content per s
Slide 14: High Expression Levels Benefits
High Expression Levels Benefits 1 SCIENCE IN FOOD INGREDIENTS Improves Reduces Increases Business Economics Execution Risks Sustainability Footprint Increased Liquidity Enhanced Capabilities $10M cash proceeds + $20M In kind contribution will help to cover short and medium term needs. vs • Increased
Slide 15: GLASO: Scaling-Up and Closer to Commercialization
GLASO: Scaling-Up and Closer to Commercialization SCIENCE IN FOOD INGREDIENTS GLASO 100-350 Ha Gamma Linolenic Acid Molecular Seeds 0X Multiplication -1 X ~5 (Hectares) 1.8 Tn/Ha +50% above average yields GLASO Next Steps • During FY24 planted area will be increased 35 Ha significantly to support th
Slide 16: Pipeline Status
Pipeline Status SCIENCE IN FOOD INGREDIENTS PROGRAM PLATFORM PROJECT R&D OPERATIONS REGULATION DISCOVERY TRANSFORMATION DEVELOPMENT SELECTION SCALE-UP DOWNSTREAM STATUS SPC2 Nutritional Supplements Safflower & Food Ingredients GLASO Yeast YEEA1 SOOY1 Latest Progress Soybean Meat SOOY2 Replacements S
Slide 17: Moolec's Capabilities Build-Up
Moolec's Capabilities Build-Up SCIENCE IN FOOD INGREDIENTS Molecular Biology Food Application Access to Scale-up Product Traceability Industrial & Commercial Laboratory Laboratory Microbiology Facilities & Growers Network R&D Center Plant molecular Food application Access to Grupo Insud Access to id
Slide 18: Industrial & Commercial R&D Center
Industrial & Commercial R&D Center SCIENCE IN FOOD INGREDIENTS •Deal termsdevelopment and fine tuning of processes Product • Experimenting with new recipes for the next generation of meat substitutes • Team building and consolidation • Reinforcing resilience and applying learnings from most recent d
Slide 19: 3. Capital Raise from Strategic Investors
SCIENCE IN FOOD INGREDIENTS 3. Capital Raise from Strategic Investors
Slide 20: Capital Raise With Strategic Investors for ~$30M
Capital Raise With Strategic Investors for ~$30M SCIENCE IN FOOD INGREDIENTS Increased Liquidity Enhanced Capabilities Favorable Deal Terms Cash proceeds of $10M combined Access to state-of-the-art Flexibility to pay in shares or with efficient cash burn ensures industrial facilities and operational
Slide 21: Grupo Insud: Cash and In Kind Contributions
Grupo Insud: Cash and In Kind Contributions1 SCIENCE IN FOOD INGREDIENTS Cash and in kind ...paid through a convertible note contributions... • Principal: ~$21M • Cash contributions of $10M to continue developing Moolec's R&D pipeline and to fund general corporate expenses. • Interest: ~10% • Credit
Slide 22: BIOX: HB4 Soybean Supply Agreement (binding MOU)
BIOX: HB4® Soybean Supply Agreement (binding MOU ) 1 SCIENCE IN FOOD INGREDIENTS Sustainability linked soybeans... ...paid through a convertible note • Principal: $9M which may be upsized • Access to approximately 15,000 tons of HB4® soybeans which • Interest: variable up to 10%. may be upsized by t
Slide 23: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements SCIENCE of Operations IN FOOD INGREDIENTS For the For the Change For the For the Change twelve twelve % three three % months months months months ended ended ended ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 Continuing operations Revenue 905,049 -
Slide 24: Condensed Consolidated Statements of Financial Position
Condensed Consolidated Statements SCIENCE of Financial Position IN FOOD INGREDIENTS As of As of Change June 30, June 30, % 2023 2022 Non-current assets 18,719,453 4,607,848 306% Current assets 5,331,836 1,083,869 392% Total assets 24,051,289 5,691,717 323% Equity 10,105,933 1,604,334 530% Current li
Slide 25: Condensed Consolidated Statements of Cash Flow
Condensed Consolidated Statements SCIENCE of Cash Flow IN FOOD INGREDIENTS For the For the Change twelve twelve % months months ended ended June 30, June 30, 2023 2022 Net cash (used) in operating activities (7,511,353) (1,885,979) 298% Net cash used in investing activities (2,336,820) - N/A Net cas
Slide 26: Let's redefine the way we produce animal-based food
SCIENCE IN FOOD INGREDIENTS Let’s redefine the way we produce animal-based food, for good and for all. Follow us! hello@moolecscience.com | ir@moolecscience.com moolecscience.com | ir.moolecscience.com