Benson Hill SPAC Presentation Deck

BENSON HILL Technology Required to Meet Evolving Consumer Demands joi CONSUMER DEMAND FUELING MASSIVE MARKET OPPORTUNITY QUALITY HAS BEEN SACRIFICED Over the last 30 years... 60% yield increase...(1) ...but 4% reduction in protein content(2) This reduction in protein content is the equivalent of $60bn+ in plant-based retail value(7) >50% CPG category growth driven by sustainably marketed products(3) 2x global protein consumption by 2050(5) >50% Consumers willing to reduce meat intake(4) >6x Growth of clean-label products vs. conventional (6) TECHNOLOGICAL INNOVATION ELIMINATES THE NEED TO COMPROMISE ON QUALITY Cloud Computing Gene Editing TECHNOLOGICAL CONVERGENCE Source: Benson Hill. (1) USDA. (2) US Soybean Quality Report. (3) Food Navigator. (4) Yale Climate Change and the American Diet. (5) The Soneca Dialogue. (6) Statista. (7) Internal estimates based on third party reports. 14 Sequencing Machine Learning

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