Ginkgo Results Presentation Deck
Zymergen and Bayer transactions expected to be valuable platform additions
Transactions build on our successful history of opportunistic M&A and technology acquisition integrations
Zymergen
Integration of Zymergen's automation and technical
capabilities is expected to improve Ginkgo's platform
capabilities across verticals
• Technology fits well into Ginkgo's roadmap and is
expected to drive efficiency for customer programs
• Zymergen plans to continue its ongoing standalone
optimization plans, and Ginkgo will support Zymergen's
efforts to realize value from its product portfolio
All-stock transaction implied $300M market cap at
signing (¹)
● 0.9179x exchange ratio fixed at signing implied 5.25% pro
forma ownership by Zymergen shareholders
post-transaction
• Expected to close by Q1 2023
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(1)
Based on Ginkgo's closing price on Friday, July 22, 2022
(2) Ginkgo owns 70% of Cooksonial
Bayer
Bayer transaction expected to open up agricultural
biologicals market and contribute significant new capabilities
West
Sacramento
Joyn
Dissolution
New Bayer
Collaboration
Ginkgo Receives
WesSac facility, strain
collection, team
Platform assets from Joyn and
royalty on Bayer net sales of
NFix product via Cooksonia (2)
Bayer Receives
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$83M consideration
NFix program and certain IP
rights from Joyn
3 year collaboration with Bayer to advance multiple programs
• Ginkgo's largest ever cell programming contract (in terms of R&D
service fees)
• Opportunity for standard royalty-based downstream value
17
Property of Ginkgo Bioworks
Q2 2022 UPDATE & BUSINESS REVIEWView entire presentation