#1Ne xe Nexe. Investor Presentation June 2021 TSX.V: NEXE Frankfurt: NX5 OTC: NEXNF#2Disclaimer This presentation contains forward-looking statements; including forward-looking statements regarding expected growth in the global single serve hot beverage market and global coffee pod market value. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or growth to be materially different from many future results or growth expressed or implied by the forward-looking statements. Actual results are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in the presentation materials. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect. There may be factors that cause actual results not to be as expressed or implied by the forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements. The forward-looking statements should not be relied upon as representing the Company's views as to any date subsequent to the date the presentation materials were prepared. The Company disclaims any responsibility to update the forward-looking statements or any risks, uncertainties or factors that may affect the forward-looking statements to reflect events or developments, including any revised forward-looking statements that might be published by the sources of the forward-looking information contained in the presentation materials. In addition, the presentation materials are not intended to express or simply any forward-looking statements regarding expected or anticipated results of operations, financial condition, performance or achievements of NEXE Innovations Inc. ("NEXE" or the "Company") and the Company disclaims any such forward-looking statements. The results of operations, financial condition, performance, achievements or prospects of the Company involve known and unknown risks, uncertainties and other factors, including risks relating to the ability of the Company to obtain necessary financing, the impact of debt financing transactions, the Canadian and global economy generally and the Canadian, North American and Global market for the Company's products, consumer interest in the Company's products, competition, the regulatory environment, governmental legislative or regulatory actions or activities, potential litigation, and anticipated and unanticipated costs. The forward-looking statements contained in the presentation are expressly qualified in their entirety by this cautionary statement.#3We use advanced manufacturing technologies to create compostable innovations to replace single-use plastic. Ne xe Nexe. 3#4Global Plastic Crisis 365+ MILLION TONS OF PLASTIC PRODUCED YOY LESS THAN * 9% RECYCLED 79% ENDS UP IN THE ENVIRONMENT (LAND AND OCEANS) 500+ 500-10,000 YEARS FOR PLASTIC PODS TO BREAK DOWN YEARS * https://www.nationalgeographic.com/news/2017/07/plastic-produced-recycling-waste-ocean-trash-debris-environment/ * https://www.nationalgeographic.com/news/2018/05/plastics-facts-infographics-ocean-pollution/ ** https://www.wwf.org.au/news/blogs/the-lifecycle-of-plastics#gs.7wxvt5 Nexe. 4#5The Problem with Plastic Pods 56,000,000,000+ More than 56 billion single-serve coffee pods are discarded to landfill every year. This is enough plastic to wrap around the earth 15 times if placed end-to-end. This is more than 100,000 pods/minute. https://www.newstalk.com/news/over-56-billion-coffee-capsules-to-go-to-landfill-this-year-492445 Nexe. 5#6Global Plastic Bans Create Opportunities for Innovation US bans micro- beads in person- al care products Australia bans plastic bags EU bans 10 classes of throwaway plastics I CALIFORNIA REPUBLIC California bans plastic straws 2015 2016/17 2017 2018 Seed Round Private Ne Ne Ne Recipient of WINN xe xe xe Financing Placement Funding for $2.5M $800K $7.7M 米 (+) Plastic bags and utensils banned in Mexico City The UK bans plastic straws, cotton buds, and stirrers Canada bans many types of single-use plastic (including plastic bags, cutlery and straws) 2019/20 2020 Private Ne Go Public Ne Ne хе xe xe Placement Transaction $4.8M $14.2M 2021 Bought Deal Financing $35M Nexe. 6#7Global Coffee Market $155B 2026 $15.6B 44% $29.2B Global coffee market was valued at ~ USD $102.15bn in 2019 and is expected to reach revenue worth USD $155.64bn by 2026 and is growing at a CAGR of 6.2% between 2020-2026 Zion Market Research, August 2020 US at-home coffee market is set to grow by 4.9% in 2020 to reach $15.6bn compared to a total of 3.9% growth experienced between 2015-2019 Mintel, September 2020 44% of the US coffee demand comes from millennials National Coffee Association in NY Global coffee pod and capsule market is expected to reach USD $29.2bn by 2025 Fior Markets March 2020 Nexe. 7#8Single-Serve Coffee Pods 59B+ 8.5%+ Coffee maintains high ethical requirements and consumers are demanding a solution. PODS CONSUMED PER YEAR COMPOUNDED GROWTH PER YEAR PROBLEM: Why hasn't there been a smart, compostable coffee pod that has emerged as the category killer? CHALLENGING ENGINEERING Engineering new plant-based materials to achieve the needed barrier properties for the K-Cup is challenging. COMPROMISED TASTE New eco-friendly single serve pods have fared poorly in 'pour-over' tests. In other words, taste was compromised. TOXICITY Many products that appear compostable still produce microplastics upon breakdown. https://www.newstalk.com/news/over-56-billion-coffee-capsules-to-go-to-landfill-this-year-492445 Nexe. 8#9THE SOLUTION The Patented NEXE Pod 1 Plant-based Plant-based, fully compostable, no compromise 2 Science-Backed Our ecotoxicity and compostability results are backed by scientific and industrial studies 35 Years R&D After 5 Years of R&D, NEXE created a pod without compromise and proved compostability in as little as 35 days. Lessons Learned The lessons learned from the creation of the pod will propel NEXE to new innovations. Ne ye Ne Ne xe Nexe. 9#10Scientific & Commercial Validation Carrots (left) and onions (right) after 3 weeks of growth in soil containing 10 wt% NEXE POD compost. "Soil containing NEXE POD compost had no negative influence on the growth of carrots and onions over a period of six weeks, with no evidence of toxicity to the plants." UBC Dr. Zachary Hudson Sustainable Chemistry, University of British Columbia and Chief Scientific Officer, NEXE. Post-shredded coffee pods. Fine/compost pod particles after "composting cycle 3". "In optimum conditions the pods can be fully degraded within a 35 day process. At an average organic waste facility it would take approximately 70 days to fully degrade. We are working towards BPI certification." Terravis Ltd. Private Sector Compost Study Nexe. 10#11The NEXE Pod Facts NO ADHESIVES COMPOSTABILITY IN AS LITTLE AS 35 DAYS BY INDUSTRIAL COMPOSTING SOY BASED INK NEXE POD COOL TO THE TOUCH Coffee Boldness Great - Design allows more volume than K-Cup, 11-13 grams (up to 15% more) Design Unique - Eco-friendly look and feel MORE VOLUME Sustainability Full - Plant-based materials FULLY COMPOSTABLE SUPERIOR TASTE PLANT-BASED * https://www.wwf.org.au/news/blogs/the-lifecycle-of-plastics#gs.7wxvt5 - Fully compostable - Zero waste - Easily identifiable as compostable by waste workers Compatibility Full - Fully compatible with all Keurig brewing systems and accessories Usability Full - COOL to touch Nexe. 11#12Monetization Strategy 2021/22 2022/23 xoma SUPERFOODS Nexe. NESPRESSO In-house Brands & Partnerships K-CUP COFFEE ㅁㅁ Co-packing CO-PACKING WITH K-CUP SOLUBLE XOMA SUPERFOODS NESPRESSO NEXE NESPRESSO COFFEE GOURMET COFFEE ROASTERS ABILITY TO ROAST DOSE, SEAL IN NEXE POD AND SEND OUT FOR DISTRIBUTION M&A Licensing LICENSING THE TECHNOLOGY TO LARGE BRANDS Nexe. 12#1320 kona XOMA Superfoods High-quality coffee and superfoods for functional health and a greener planet. xoma xoma KEURIG Nexe. 13#14XOMA Superfoods High-quality coffee and superfoods for functional health and a greener planet. • NEXE Innovations has launched its new in-house brand, XOMA Superfoods, to meet the growing needs of health- and environmentally conscious consumers. The first three XOMA Superfoods SKUs launched in April 2021. • NEXE plans to add more products, available for purchase online and eventually through subscription, via a new direct-to-consumer e-commerce initiatives (Amazon, Vejii). KEURIG Nexe PLANT-BA HASED PACKAG Ne хе xoma SUPERFOODS RETHINK WHAT'S POSSIBLE Nexe. 14#15XOMA Superfoods LANT-BASED PACKAGING COFFEE WITH MCT ARABICA MICROGROUND COFFEE xoma ALTHINK SUPERFOODS Ne WHAT'S POSSIBLE PLANT-BASED PACKAGING Ne xe xoma RETHINK SUPERFOODS WHAT'S POSSIBLE PLANT-BAS Ne PACKAGING хе xoma RETHINK SUPERFOODS WHAT'S POSSIBLE KETO COFFEE MICRO-GROUND SOLUBLE COFFEE WITH MCT XOMA Coffee Fortified with MCT features medium-chain triglycerides (MCT) made from virgin coconut oil are packed into this coffee, offering a healthy source of energy for your day. MUSHROOM COFFEE XOMA Mindful Mushroom Coffee includes chaga, cordyceps and lion's mane mushrooms, which are a rich, low-calorie source of fibre, protein and antioxidants with a host of health benefits. Keto micro-ground coffee is a rich and energizing beverage made with quality fats. from cocoa butter and MCT oil. You can enjoy it in your morning cup of coffee as part of a ketogenic diet, fasting regimen or part of a healthy lifestyle. XONTIA SUPERFOODS PLANT-BASE Ne xe PACKAGING xoma SUPERFOODS RETHINK WHAT'S POSSIBLE MORE SKUS COMING SOON Nexe. 15#16NEXE's In-house Product Strategy and Marketing XOMA has launched an extensive digital marketing campaign leveraging Google Ads, Facebook and Instagram on a robust e-commerce platform, coming soon to other platforms including Amazon. Nexe. Google f Ο amazon.com $ shopify xoma SUPERFOODS Nexe. Our mission is to replace single-use pic with compostable plant-based materi Thank you for waving the planet. NOTE Ne xe COFFEE BRAND Nexe. NESPRESSO COMPATIBLE NESPRESSO COMPATIBLE NEXE COMPOSTABLE POD COMING SOON Nexe. 16#17Technology Adaption The technology behind the NEXE Pod can be adapted to create sustainable solutions to other sources of plastic waste, creating opportunities for expansion into other verticals. Nexe. ADDITIONAL LICENSING OPPORTUNIES Face Masks Makeup Containers/Kits Meat/Fish Trays Eyeglass Frames Nexe. 17#18Our Approach Design Compostable Product Design Plant- Based Materials Rapidly Prototype by 3D Printing Manufacture Bioplastic Parts Use CAD modelling to design products to meet consumer needs Apply our knowledge in polymer science to design plant-based resins Use additive manufacturing to massively shorten product development cycles Manufacture bioplastic parts in-house using high-speed injection molding Assemble to Finished Products Validate Products with Consumers Validate Products at End-of-Life Use our intellectual property in bioplastics manufacturing to scale new innovations Ensure products meet the needs of even the most discerning consumers Ensure products are fully compostable at end-of-life, producing no microplastics Nexe. 18#19NEXE Annual Capacity Target 225 TOTAL 220M NESPRESSO STARBUCKS 24 COUNT MSRP 200 175 150 HOUSE BLEND STARBUCKS STARBUCKS COLOMBIA STARBUCKS BLONDE STARBUCKS 170M PINE PLATT STARBUCKS 71 125 100 75 50 CAFFE VERONA KCUP STARBUCKS 24 COUNT MSRP KEURIG HOT STARBUCKS TORNERACTION 171 PIKE PLACE ROAST Average pod price for K-cup & Nespresso pod is ~$1.00 As capacity is installed, NEXE will be working towards filling it with both in-house brands and co-packing. • NEXE has the abiliity to expand past the current capacity 25 50M 24 K-CUP K MED CAVE MOTOR 24-125g0044 NET WEIGHT/PO PIKE PLACE ROANT 0 NEXE Innovations Inc, is not affiliated with, endorsed or sponsored by Keurig. Keurig is a registered trademark of Keurig Green Mountain, Inc. Millions Q2 2021 Q3 2021 Q4 2021 Q1 2022 KCup Nespresso Total Nexe. 19#20Vertically Integrated Manufacturing Manufacturing Stage 1 Plant-Based Resins I Current Future R Partners Nexe. Stage 2 Plant-Based Parts Partners Nexe. Stage 3 Final Product Nexe. Nexe. ⚫ NEXE is installing equipment for the production of plant-based resins, plant-based parts, and finished consumer products throughout 2021. • This vertically integrated strategy will increase operating margins, improve IP protection, reduce supply chain risk, and accelerate R&D. Nexe. 20#21Leveraging IP to Create New Innovations 1 2 IP FIRST NEXE has a two-pronged. approach to IP with a leading IP consulting firm to focus on our proprietary automation and materials technology within our pods PROCESS This process will strengthen our competitive advantage and barriers to entry, protect our brand, generate potential licensing revenue, increase transaction leverage and shareholder value 3 20+ PATENT APPLICATIONS Our IP firm has identified at least 20 patent applications giving NEXE global utility patent protection on including the number of ones we own. FINDINGS IN LAB TO DATE SUGGEST WE CAN CREATE NEW PRODUCTS IN MULTIPLE VERTICALS Nexe. 21#22State-of-the-Art Commercial Facility Our facility allows NEXE to begin to address the rapidly growing demand for plant-based alternatives to plastic. B 10 Nexe. 22#23Leadership Team Darren Footz CEO A serial entrepreneur, Darren is the past President of Granville Island Coffee, a company he built in 5 years from a small artisan roaster to a national brand. He is the innovative mind behind the plant-based and fully compostable NEXE POD. His expertise, dedication and pioneering ideas are the backbone of our organization. Ash Guglani President, Co-Founder Ash spent 12 years in capital markets with a national investment bank in Vancouver. As an original founder of NEXE, he plays an integral role in helping NEXE in all capacities across financing (public, private and government), operations, and marketing. Dr. Zac Hudson Chief Science Officer Dr. Zac Hudson is the Canada Research Chair in Sustainable Chemistry at the University of British Columbia. Dr. Hudson holds a B.Sc. and Ph.D in chemistry from Queen's University, and has held research fellowships at top universities in Japan, China, the US and UK. His Ph.D. thesis was named the top chemistry Ph.D. in all of Canada, as well as the top Ph.D. at Queen's in any field. Raj Kang CFO Rajwant S. Kang is the founder & president of RSK Management Consulting Inc. a private company that provides management services and has over 25 years of accounting and finance experience. He has proficient knowledge of capital markets, raising capital, M&A and corporate regulation of publicly listed companies. Don Chisholm New Product Development For over 30 years, Don Chisholm has been working at the intersection of business and design. With a unique skillset that balances creativity with innovation and strategy with operations, Don is passionate about working closely with entrepreneurs, executives and marketers to transform businesses and generate results. Paul Bhogal Automation Paul has over 20 years of manufacturing and automation experience. He grew a small family Hamilton-based machine shop into a Tier 1 & 2 automotive production machining/assembly/- testing facility with two locations in Ontario and one in Saltillo, Mexico Anthony Rosenfeld Marketing Anthony holds 20 years of experience in marketing, strategy and business development. In 2007, pursuing his passion for natural health and sustainability, he joined Vega in its infancy as Vice President of Marketing. There he built a strong 50- member team that developed a leading marketing program overseeing consumer, trade, PR, creative and digital marketing. He played a key role in building an internationally recognized premium brand while seeing revenue grow from $3.5M in 2007 to $200M in 2015. Nexe. 23#24NEXE Board of Directors Darren Footz CEO and Director A serial entrepreneur, Darren is the past President of Granville Island Coffee, a company he built in 5 years from a small artisan roaster to a national brand. He is the innovative mind behind the plant-based and fully compostable NEXE POD. His expertise, dedication and pioneering ideas are the backbone of our organization. Ash Guglani President and Director Ash spent 12 years in capital markets with a national investment bank in Vancouver. As an original founder of NEXE, he plays an integral role in helping NEXE in all capacities across financing (public, private and government), operations, and marketing. Haytham Hodaly Independent Director Mr. Hodaly is the Senior Vice President, Corporate Develop- ment of Wheaton Precious Metals, with over 23 years' experi- ence the mining sector. Mr. Hodaly previously spent 16 years in the North American securities industry, most recently as Direc- tor and Mining Analyst, Global Mining Research, at RBC Capital Markets. He holds a B.Eng. and M.Eng. from the University of British Columbia. Graham Gilley Independent Director Mr. Gilley is Director of Enterprise Risk Management and Data Protection at Mulgrave School - The International School of Van- couver. For the past 15 years, he has been responsible for the leadership, innovation, governance, and management of the school's operational, financial, and strategic risks. By developing tools, practices, and policies that analyze and report enterprise risks, he has created an enterprise risk management framework guided by strategic priorities. Previously, Graham was Executive Director of Ideation & Development with Cloud9 Secure Digital Services, where he drove the creation of applications to help power mobile online banking in the Canadian market. Killian Ruby Independent Director Mr. Ruby is the President and CEO of Malaspina Consultants Inc. in Vancouver, specializing in financial management and public company reporting. Prior to joining Malaspina, Mr. Ruby was an assurance partner at Wolrige Mahon LLP (now Baker Tilly Canada) working predominantly with junior public companies. He also previously served as senior manager with KPMG LLP working with a range of public companies and reporting issuers. Nexe. 24#25Collaborations & Partnerships Government / Academic Partnerships UBC NSERC CRSNG Canada R Government of Canada MRC-CMRC Government of Gouvernement du Canada Canada IRAP Innovation Assistance Program (IAP) Awards NSERC CRSNG innovate BC Gouvernement du Canada CITY OF SURREY PETER WALL INSTITUTE FOR ADVANCED STUDIES THE UNIVERSITY OF BRITISH COLUMBIA VANCOUVER Wall Solutions Award INNOVATIVE SOLUTIONS CANADA Nexe. 25#26Capital Table As at February 28, 2021 Common Shares Issued and Outstanding 76,367,446 Use of Proceeds Stock Options Outstanding Warrants Outstanding 4,994,020 11,135,387 Subsequent to February 28, 2021 April 9, 2021 Financing Shares Issued 17,250,000 Warrants Issued (incl. Broker) 9,577,500 Shares Outstanding @ May 20 96,450,745 Current Cash February 28, 2021 $19.8M Subsequent Financing April 2021 - Financing $34.5M Total $54.3M Injection Molding ERP & Management System Assembly Equipment Advertising & Marketing Research & Development Working Capital $ 6.5M $ 3.8M $ 29.3M $ 3M $ 1.7M $ 10.5M $ 54.8M Nexe. 26#27Ne rethink what's xe possible nexeinnovations.com For more information please contact [email protected] Ash Guglani [email protected] #109-19353 22nd Avenue Surrey, BC V3Z 3S6 Kelsey Letham [email protected]