Ginkgo Results Presentation Deck
Cash runway and profitability are important in this environment, and our
underwriting and structuring of the Zymergen and Bayer deals reflects that
zymergen
BAYER
BAYER
JOYN
BIO
Significant cost efficiencies in Zymergen transaction
means recurring OpEx investment is minimal
• Zymergen to progress independently planned cost and
program rationalization prior to close
• Post-close, Ginkgo will complete restructuring, and core
Zymergen team is expected to fill significant planned
hiring by Ginkgo, which is expected to accelerate growth
and result in minimal additional employee costs
• Upside if able to monetize Zymergen's product pipeline or
restructure real estate obligations
Bayer collaboration fees expected to significantly offset
incremental run-rate OpEx from new ag biologicals
capabilities
• Some cost optimization through combination, including
ability to leverage Ginkgo's platform capabilities
● Multi-year Bayer anchor contract expected to provide
strong base of demand while we build base of new
customers in this space, which could create significant
opportunities for growth
Ginkgo's -$1.4B cash balance as of 6/30/22
provides margin of safety, allowing us to
lean into high ROI opportunities
Transactions structured with the intention of
minimizing incremental recurring operating
costs
Meaningful revenue opportunity from ag
vertical expansion and increased efficiency
and probability of success from horizontal
platform improvements
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Q2 2022 UPDATE & BUSINESS REVIEWView entire presentation