Benson Hill Investor Day Presentation Deck
Creating ideal food for high
value salmon market
Market(1)
2023
$2B
BH
Product
Value
2030
$2.8B
P
High Protein
~5% CAGR in European &
North American salmon market
Reduced
Production cost
>80% carbon &
water footprints(2)
High protein soybean meal with low-saponins is a sustainable
replacement for Soy Protein Concentrate
6 Antinutrient targets in gene editing pipeline (saponins and isoflavones)
R&D VALUE
Product Innovation Path
GEN1
GEN2 +
GEN3 +
60% Meal Protein
65% Meal Protein
Better nutrition
Low Antinutrients
New
SOY-BASED
AQUA
Commercial
Platform Innovation - 2025
Platform Innovation - 2028
(1) Source: Internal estimated Serviceable Addressable Market based on external reports (2) Compared with Brazilian-sourced SPC, accounting for the impacts of deforestation, on a per
kilogram of protein basis based on preliminary Life Cycle Assessment results conducted by Blonk Consultants (April 2021)View entire presentation