Benson Hill Investor Day Presentation Deck slide image

Benson Hill Investor Day Presentation Deck

Capital Allocation Priorities $264 million in Funds (1) 2 3 Invest to Support Ingredients Business FINANCIAL DISCUSSION Debt Service Working Capital ● ● ● Cost Management Capital Expenditures ● Disciplined approach to support growth & execution Target ~5% of revenues $77 million of long-term debt as of 12/31/21 Interest only in 2022 with opportunity to extend in 2023 Potential access to an additional $20 million in the debt facility Working capital optimization strategies Use of cash to manage hedge program Expect to have sufficient funds to support the business into 2024 with optionality for non-dilutive capital formation Benson Hill Investor Day 2022 (1) $183 million in cash plus marketable securities as of 12/31/21 plus $81 million in net proceeds from PIPE BENSON HILL'
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