Benson Hill Investor Day Presentation Deck

Product development timeline Soy High Protein Ingredient Solutions Soy White Beverage Ingredient Yellow Pea Protein Soy Animal Protein Soy Oil Major Applications Truvail 1/2 veri Alt Meat & Meat Extensions Cereals & Bakery Alt Milk Alt Yogurt Alt Frozen Desert Alt Meat & Meat Extensions Cereals & Bakery Aquaculture Packaged Oil Current Status Commercial: 60% White Flake Protein, Better Carbohydrate Profile Prototype: 8g Protein/Serving, Better Carbohydrate Profile Prototype: 60% Pea Protein Concentrate Commercial: 60% Meal Protein, Low Antinutrients Commercial: Heart Healthy Oil, Better Carbohydrate Profile Proof of Value (~2-3 yrs) Value Inflection GEN2: +65% White Flake Protein GEN1: 8g Protein/Serving, Better Carbohydrate Profile GEN1: 60% Pea Protein Concentrate GEN2: +65% Meal Protein GEN2: +60% White Flake Protein Platform Innovation (~3-4 yrs) GEN3: +Improved Flavor GEN2: +10g Protein/Serving, Heart Healthy Oil, Improved Flavor GEN3: +13g Protein/serving GEN2: +65% Pea Protein Concentrate, Improved Flavor GEN3: +Clean Flavor GEN3: +Better Nutrition Profile GEN3: +65% White Flake Protein ESTIMATED SOM 2030(1) US $3.3B US $1.1B ROW $0.8B US $2.5B Europe $0.6B US $0.4B (1) Source: Internal estimates based on third party reports

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