BURCON NUTRASCIENCE CORPORATION Burcon NutraScience
A New World in Plant-based Protein
Corporate Presentation - May 2024
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GENERAL
Burcon NutraScience Corporation ("Burcon" or, the "Company") is making this presentation available to selected persons on the terms and conditions set forth below. Any unauthorized use of the presentation is strictly prohibited. Additional information with respect to Burcon can be found on www.sedar.com.
CONTENT OF PRESENTATION
The information provided in this presentation is not intended to provide specific investment, financial, tax, legal or accounting advice to you. Neither this presentation, nor any of its contents, shall constitute an offer to sell or a solicitation of an offer to buy any Common Shares or other securities of Burcon in Canada or in any other jurisdiction. An offer to purchase and sales of Common Shares may only be made through duly registered brokers and investment dealers pursuant to and in accordance with a Preliminary Prospectus and the final prospectus to be filed with applicable securities regulatory authorities. While the information herein is collected and compiled with care, neither Burcon NutraScience Corporation nor any of its affiliated companies and their respective directors, officers, employees or agents represents, warrants or guarantees the accuracy or the completeness of the information. The information is presented solely for educational purposes, and is not to be considered as investment, financial, tax, legal or accounting advice.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This presentation contains "forward looking statements" which reflect the current expectations of management of the Company regarding the Company's future growth, results of operations, performance, business prospects and opportunities. Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "aim", "endeavour", "seek", "predict", "potential" and similar expressions have been used to identify these forward looking statements. These statements reflect management's current beliefs with respect to future events and are based on information currently available to management of the Company. Forward looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward looking statements. Prospective investors are cautioned not to place undue reliance on forward looking statements.
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Innovation Leader in Plant-based Proteins
Putting People and Planet First
Expanding Protein Market
$40B Addressable Market
Validated Customer Demand
Revolutionary Processing | Capital-light,High-margin |
Technologies | Business Model |
Proprietary Technology Platform | Fully Funded Business Plan |
Game Changing Protein Ingredients | Speed-to-Market via Co-Man |
Innovation Leader in Plant-based Proteins
Putting People and Planet First
20+ years of plant protein innovation
Our proprietary extraction technology and unique purification process results in differentiated, best-in-class protein ingredients that offer:
(Attributes that exceed all current industry standards)
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Burcon Strategic Imperatives
Identify | Closer to | More Influence Over |
Additional | Customers and | Manufacturing |
Revenue Streams | End Markets |
Leverage Burcon's assets, IP, | Relationships with | Properly implement and |
expertise and capabilities to | customers and end markets | optimize Burcon's unique |
generate revenue | to better serve food | protein processing |
ingredient industry | technologies |
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Market Growth Present Opportunities
Burcon Market Opportunity
Addressable Market | Commercial Readiness | |||||||||
Value | TAM | Market | Burcon Opp | In Dev | Pilot-scale | Ready for | Proven at | |||
Proposition | Growth % | (USD) | Validated | Scale-Up | Commercial Scale | |||||
Pea | $2.9B2 | 11.9% | $70-116MM | ✓ | ||||||
CAGR2 | ||||||||||
Canola | $2.2B4 | 7.8% | $58-96MM | ✓ H2 - 2024 | ||||||
3 | ||||||||||
CAGR | ||||||||||
Soy | $4.5B1 | 4.6% | $79-165MM | ✓ | ||||||
CAGR1 | ||||||||||
Sunflower | $21.3B5 | 6.2% | $215-392MM | ✓ | ||||||
CAGR3 | ||||||||||
Hemp | $6.4B5 | 6.2% | $68-113MM | ✓ Q1 - 2024 | ||||||
CAGR3 | ||||||||||
Upcycled | $2.2B4 | 7.8% 3 | $22-44MM | ✓ | ||||||
Proteins | CAGR | |||||||||
1. Allied Market Research: Soy Protein Isolate Market by Application (Food, Beverages, Medicine, Others), by Form (Organic, Conventional), by End User (Commercial, Residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
2. MarketsandMarkets: Pea Protein Market by Type (Isolate, Concentrate, and Textured), Form (Dry and Wet), Source (Yellow Split Pea, Lentils and ChickPea), Application, and Region (North America, Europe, APAC, South America and ROW) - Global Forecast to 2027
3. Fact.MR: Plant Protein Ingredients Market by Product Type (Soy Protein, Wheat Protein, Pea Protein, Rice Protein), By Form (Isolates, Concentrates & Others), By Application (Sports Nutrition, Clinical Nutrition, Infant Nutrition) & By Region - Global Market Insights 2023 to 2033
4. Reports and Data: Canola Protein Market By Product (Protein Isolates, Protein Concentrates, Others), By Type (Powder, Paste), By End-Use Verticals (Food and Beverages, Nutraceuticals and Feed Grade, Personal Care, Pharmaceuticals, Others), Forecasts To 2027
5. Internal estimated market sizes based on data from USDA, third-party reports, and internal estimates, inclusive of current and future product opportunities.
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Capital Light Business Model
Sell Technology
Expand Discovery
Upcycled Proteins
Capacity
Build
Partner
License
Hemp Protein
R&D
Value Value Capture Creation
Test | Refine/ |
Market | Optimize |
Canola Protein
Commercial | Sunflower Proteins |
Validation |
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95% Hempseed Protein Isolate
World's first high-purity hempseed protein isolate
- Minimum 90% protein, db
- Neutral flavor, off-white color
- Grown and processed in North America
First hemp sales announced Apr 29, 2024
- Ramping up production to meet growing customer demand
- Partner with global network of customers
- Speed-to-marketvia Co-man
- Capital-light,high margins
Hemp revenue ramp up in 2024
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Hempseed Protein Roadmap
July 2023 | October / November | January - March |
Partner with HPS to launch | Validated customer | Executed world's first commercial |
hempseed protein at IFT | demand for hemp | hemp protein isolate production |
FIRST | |||
Strategic Partnership | Hemp Launch / Market | Commercial | Commercial Sales / |
Development | Production/ Process | Production Ramp Up | |
Validation |
September | December |
Completed hempseed | Established commercial |
protein value proposition | production capabilities |
& validation | via partner manufacturer |
April 2024
Achieve first commercial sales of world's first hempseed protein isolate
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Disclaimer
Burcon NutraScience Corporation published this content on 03 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2024 16:00:29 UTC.
