Clever Leaves IPO Presentation  slide image

Clever Leaves IPO Presentation

Colombian Operations Driving Efficiencies Optimal Growing Conditions 12 hours of daily sunlight year- round; no need for artificial light High elevation → improved pest mitigation Rainwater collection supplies 2/3 of water needs No de-humidifiers or HVAC Note: 1 ha: 107,639 sq. ft 40,000 sq. ft. post- harvest processing facility 1.8M sq. ft. of licensed greenhouses GACP-certified in May 2020 EU GMP-certified in July 2020 Cost Advantages Low labor cost and minimum wage(<$2.00/hour vs. $8.00- $12.00/hour in Canada) Current Cultivation and Extraction Labor and production efficiencies help drive gross margin benefits f Limited Capex Existing cultivation capacity sufficient for near-term commercial needs, including flower exports CLEVER LEAVES EU GMP-certified facility with 108,000 kg per year of dry flower extraction capacity EU GMP-certified in July 2020 INVIMA GMP-certified (Colombia / LatAm) 9
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