Benson Hill SPAC Presentation Deck

BENSON HILL Delivering Growth with Rapidly Expanding Margins ($mm) Revenue YoY Growth Gross Profit Gross Margin Research Expenses (²) Development Expenses(2) G&A Expenses Other Operating Expenses EBITDA EBITDA Margin Capex Memo: Acreage Yo Y Growth Ingredients and Partnerships/Royalties Revenue Yo Y Growth % of Total Revenue (1) 2020A $ 102 $ 12 12% ΝΑ ΝΑ 25 17 ($51) NM $ 10 120,000 $46 45 2021E $ 127 24% $ 12 9% $20 19 28 32 ($73) 2022E 150,975 26 % $63 36 % 50 $ 161 27% $2 1% $22 22 30 37 ($87) 2023E 247,094 64 % $96 52 % 59 $ 251 55 % $ 32 13% NM NM $41 i $60 Provail, Fresh, Yellow Pea Investments 327,172 32 % $23 23 34 41 ($64) NM $26 $ 182 91% 73 2024E $ 348 39 % $ 74 21% $25 25 38 45 ($33) NM $5 489,324 50 % $277 52% 80 2025E $561 61% $ 212 38 % $26 26 43 49 $96 17% $15 53% $ 487 76 % 87 2026E Source: Benson Hill. (1) Excludes contribution from a business divested in 2020. (2) Research and development expenses not reported separately in 2020; total 2020 R&D expense is $29mm. $ 862 54 % $ 372 43% $30 30 48 747,719 1,228,023 64 % $785 61% 91 55 $239 28% $5 2027E $ 1,472 71% $ 703 48 % $32 32 53 60 $556 38 % $5 1,919,975 56 % $ 1,392 77% 95 39

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