Benson Hill SPAC Presentation Deck slide image

Benson Hill SPAC Presentation Deck

BENSON HILL Case Study: Ultra High Protein (UHP) Soybean Ingredient ~6-8 Year Head Start CropOS® Accelerated Creation of UHP Varieties 1. UHP opportunity identified through big data fusion and CropOSⓇ: Phenotypic, Soil Health, Microbiome 2. CropOS® evaluated 970 data layers, across 20 years of climate data, and in >1.4M fields, to identify the best environments for protein production Benson Hill's proprietary soybean delivers significantly higher protein content compared to industry standard commodity soybeans Source: Internal estimates based on Benson Hill LCA on UHP Soybean, Impossible Foods LCA, and Barclay's Global Food Report, 'I Can't Believe It's Not Meat' (2019). (1) Compared to conventional soy protein concentrate. (2) Estimated impact of UHP enabling achievement of forecasted demand for plant-based meats, compared to beef. Human Food Protein Ingredient(3) (Planting in 2021) 3. Enriched Protein Content Eliminates Processing Step (3) For human food derived from Benson Hill's Ultra High Protein™ soybeans Current Industry Practice Soybean (~36% protein content) Soybean Meal (~47% protein content) Soy Protein Concentrate (~65% protein content) Benson Hill Enabled Soybean (~49% protein content) UHP (~65% protein content) 32 >50% Reduction in Production Cost(¹) UHP offers an unconstrained protein ingredient supply for plant- based meat, with the potential to unlock by 2029 an additional... ~173 MMT Co₂e offset annually(²) ~4.7T Liters Water saved annually(2)
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