Benson Hill SPAC Presentation Deck

BENSON HILL Benson Hill Unlocks Sustainability Benefits at Each Step of the Value Chain On-Farm Impacts • Optimizing resource use and soil health • Increasing farm profitability • Providing more climate resilient and nutritious seeds Processing Impacts ● • Displacing energy and water intensive processing steps • Minimizing transport costs & emissions. • ~1 ton of soil carbon per acre sequestration potential using regenerative agriculture/conservation practices (1) Product Impacts • Improving quality and affordability of plant- based meat options Simplifying ingredient list • Improving digestibility in animal agriculture feeds • ~50% reduction of CO₂e (²) ~70% reduction of water(2) ● Benson Hill's products and integrated model are expected to contribute to food system sustainability • Connecting farmers with consumers enables revenue potential and social good through ecosystem service markets • Reducing protein ingredient processing and cost: • Alleviating supply chain constraints enables plant-based protein to scale ● ● 13 Plant-based meats allow for >80% water savings and >80% CO₂e offset vs. beef(³) Affordability and accessibility of plant- based protein products for consumers Source: Benson Hill. (1) Project Drawdown, Hawken. (2) Per kg of protein. Internal estimated impact of using de-fatted soybean from Ultra-High Protein (UHP) soybeans compared to conventional soy protein concentrate, based on Benson Hill LCA on UHP Soybean (2021). (3) Impossible Foods LCA.

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