Blender Bites Limited · CSE:BITE
Blender Bites — Investor Presentation (June 2023)
33 slides from Blender Bites's investor presentation, June 2023
Slide 1: Investor Presentation
INVESTOR PRESENTATION
Slide 2: Disclaimer and forward-looking information
The information contained in this presentation (the “Presentation”) is about Blender Bites Limited (the “Company”), its principals, its business and the industry in which it is a participant. The information is presented for informational purposes only and does not constitute an offering of securiti
Slide 3: Risk factors and forward-looking statements
The Company’s actual results could differ materially from those anticipated in such forward-looking information as a result of the risk factors set forth below and in the Company’s management discussion and analysis for the fiscal year ended October 31, 2022: • The Company is an early stage company
Slide 4: Founding story
… • First created the concept in my kitchen in 2013 • First on shelf in 2017 after securing $50K in seed capital • Manufactured in a small popsicle shop in North Vancouver • Hand made by myself, Mom and 2 Aunts for the first 2 years • First customers were Whole Foods, IGA, Fresh St and Choices Marke
Slide 5: Functional and organic beverage market trends
63% Organic of consumers beverages are seek functional the second best FUNCTIONAL benefits in their INGREDIENTS CONVIENIENT selling category food & & EASY in the USA, beverages reporting $9 VITAMIN ENHANCED Billion in sales in The global functional 2022. beverage market will 63% grow from $131.47 of
Slide 6: Vision and mission
To be the in North America, providing both nutritious and convenient solutions for our customers. We believe less is We are proud to be Our formulas We are proud to use more. Our job is to one of the only pre- contain superfoods organic, clean take away the mess, portioned smoothie and ingredients i
Slide 7: Target consumers
45% are young moms aged 25-40 with young children who are seeking convenience without sacrificing nutrition or health. 35% are busy professionals aged 30-50 with demanding schedules and active lifestyles. Women account for 81% of all purchases
Slide 8: Product features and benefits
Pre- 12 No Shake Portioned for Functional Vitamins & Inner Plastic Or Ease of Use Ingredients Minerals Packaging Blend No No Artificial Artificial Reduces Pasteurized for Sweeteners Colors or Food Waste Food Safety Flavors
Slide 9: Smoothies with benefits
SMOOEHIES With BENGFIES GEEED D-TOX TROPICAL GLOW gD | ORGANIC | 12viTAMINS: {ul 1 eu. od source of OMEGA 3 200mg BIOTIN
Slide 10: Reviews and repurchase rate
4000+ 4 & 5 Star Reviews 96% Repurchase Rate
Slide 11: Potential media appearances
Potential Media Appearances
Slide 12: Julianne Hough partnership post-workout formula
• Julianne Hough X Blender Bites formula. Launch January 2024 • Post Workout smoothie that aligns with her • Plant Protein for muscle recovery KINRGY platform. • Electrolytes for hydration • Tart Cherry reduces inflammation • Will be talking with • Goji Berry reduces recovery time ABC to make this •
Slide 13: Competitor comparison
Certified Organic YES NO YES YES NO NO Added Vitamins (Immune Support) YES, 12 YES, 6 NO NO NO NO Free of Inner Plastic YES NO YES YES NO YES Blender-less option YES YES YES NO NO YES Pre-portioned for Ease of Use YES YES YES NO NO YES Functional Superfoods YES YES YES YES NO NO Added Greens YES, 7
Slide 14: Pop & Bowl innovations 2024
blender bowls “ls | 4 gluten free \ dairy free 7 =—wworesace Walmart Save money. Live better. POP & BOWL INNOVATIONS - 2024
Slide 15: Single serve frappé and smoothies
SINSIE SERVE FEAPPE SINDIE SERVE SMOOTHIES SMOOTHIE. 3 genre ‘am GREED D-TOX” FIRSt €0 MARKEt HEAIEHY SINSIE SERVE FROZEN INNOVATIONS With VitaMiNS AND FUNCEIONAl INSREDIENES
Slide 16: Slide 16
Slide 17: The current problem & opportunity
500+ calories per serving ✓ First to market innovation 60+ grams sugar per serving ✓ 50% lower sugar than the leading Frappuccino 70+ grams carbs per serving ✓ Approx. 110 calories per serving Spikes insulin levels ✓ 86% organic ingredients Disrupts blood sugar ✓ Approx. 10g of sugar Contains dairy
Slide 18: Frappés with benefits
FRAPPES With BENEFITS VaNilla BEAN-Bio MINDFUL MOCHA LESSSUGAR 86% ORGANIC 2VITAMI BIEND=R Bites mr / gt Saree 3 BILLION LION’S MANE PROBIOTICS MUSHROOM per serving
Slide 19: Nutrition comparison versus Starbucks
Vanilla Vanilla % Diff Caramel Caramel % Diff Mocha Mocha % Diff Calories 140 110 -21% 130 110 -15% 140 110 -21% Fat (g) 5g 6g 20% 5.5 6g 9% 5.5g 6g 9% Carbohydrates 18g 12g -33% 19 12g -37% 22g 12g -45% Sugars 17.5g 10g -43% 18.5g 10g -46% 21.5g 10g -53% Organic Ingredients 0 86% 0 86% 0 86% Functi
Slide 20: Packaging for club stores
12 Pack FOR CUB StORES 12VITAMINS 86% ORGANIC DAIRY FREE & Bue k ht 138 arn ~ Nii mocHAay @ vanivazean-3ie”
Slide 21: Launching June in Walmart+ stores
A LEADER iN thE me, & CAUNCHING JUNE: & oT Walmart+ SMOOTHIE CAatEIORY! IN 100+ StORES BROKER: DIStRIBUEION: Horizon Nature
Slide 22: USA launch summer 2023
ee AKINS ara » on © a =a Walmart Unfi ga eyelbertsons SAFEWAY “ee J BROKER: CUVEE USA LAUNCH — SUMMER 2028
Slide 23: Foodservice opportunities
*In discussions or scheduled meetings
Slide 24: Foodservice benefits
Food Shovel & FS, GFS • Saves staff preparation time • Saves money for operator by reducing produce waste • Eliminates the need to stock multiple high cost ingredients • Guaranteed consistency (Taste & texture) • Thermoformed sleeves to avoid cross contamination • Easy preparation- Blend or shake, j
Slide 25: Manufacturing partner and process
✓ 250,000 Sq Ft. facility in Ontario ✓ Large volume output capacity ✓ 200+ staff members ✓ Dedicated Blender Bites room ✓ BB owns $800K worth of equipment ✓ No recalls in company’s 5 year history ✓ No shortages in company’s history ✓ Currently doing trials with US co-man Manufacturing Partner Our Ma
Slide 26: Public relations and digital exposure
Strong Public Relations Partner Full Digital Exposure on Social Channels Sponsored & Paid Influencers & Partnerships Sponsored Celebrity Partnership- Julianne Hough SEM & SEO Tradeshows in CAD/USA In the Media Billboards 2022 Nominations & Awards
Slide 27: Management team
Chelsie has a Bachelor’s degree in Business Administration from Capilano University. She has 15 years of experience in capital markets working in all aspects of IR, Communications and Fundraising. Chelsie has had an interest in nutrition and emerging ingredient trends since an early age and strongly
Slide 28: Management team
Geoff has an extensive background in business and has worked in the capital markets for over 20 years. He currently acts as an officer and director of multiple TSX Venture and Canadian Securities Exchange listed companies. Mr. Balderson is the President of Harmony Corporate Services Ltd., a Vancouve
Slide 29: Management team
Mike has over 12 years of experience in managing finance teams, financial reporting and transaction advisory services spanning across the US, UK and Canada for both public companies and private enterprises. Beginning his career at Grant Thornton in Canada and qualifying as a CPA, CA, he moved to the
Slide 30: Management team
Kal has over 20 years of progressive supply chain experience analyzing opportunities in: procurement (sourcing), inventory management, forecasting, demand/ category/ capacity/ production planning, logistics, multi-channel distribution and budgeting to increase an organization’s profitability and com
Slide 31: Board of directors and advisors
Chelsie brings a unique skill set to Grant Smith is the CEO of Pondtech Nima is an entrepreneur whose Chris is President of Strand, a Mr. Morris is a seasoned the table with over a decade (TSX.V: POND) A publicly traded professional career has been Vancouver based finance, entrepreneur and capital m
Slide 32: Investment summary
Functional beverage is currently one of the top trending categories in CPG and blender bites is primed to become one of the main players in the freezer category. Strong unit metrics with a solid path to profitability in Q1 of 2024 led by a seasoned CPG management team. No debt. First to market, awar
Slide 33: Contact
1END-R ies FOR MORE INFO: CHEISIC@BIENDERBIEES.COM CSE: BITE