THE WORLD'S MOST NUTRITIOUS AND PLANET-FRIENDLY PLANT-BASED FOOD & BEVERAGES - DECEMBER 2021
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
INVESTOR PRESENTATION DECEMBER 2021 THE WORLD’S MOST NUTRITIOUS AND PLANET-FRIENDLY PLANT-BASED FOOD & BEVERAGES
DISCLAIMER The information contained in this presentation has been prepared by The Planting Hope Company Inc. ("Planting Hope" or the "Company") and contains confidential information pertaining to the business and operations of the Company. The information contained in this presentation (a) is provided as at the date hereof, except as otherwise provided herein, and is subject to change without notice, (b) does not purport to contain all of the information that may be necessary or desirable to fully and accurately evaluate an investment in the Company, and (c) is not to be considered as a recommendation by the Company that any person make an investment in Planting Hope. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. This presentation does not constitute an offering of securities by the Company, and under no circumstances is it to be construed as a prospectus, offering memorandum or advertisement or public offering of securities. This presentation is confidential and is being provided to you solely for your information and may not be reproduced, in whole or in part, in any form or forwarded or further distributed to any other person. Any forwarding, distribution or reproduction of this presentation in whole or in part is unauthorized. By accepting and reviewing this presentation, you acknowledge and agree (i) to maintain the confidentiality of this presentation and the information contained herein, (ii) to protect such information in the same manner you protect your own confidential information, which shall be at least a reasonable standard of care, and (iii) to not utilize any of the information contained herein except to assist with your evaluation of a potential investment in the Company. No representation or warranty (whether express or implied) is made by the Company or any of its directors, officers, affiliates, advisors or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or provided in connection with it, or any omission from this presentation. Neither the Company nor its directors, officers, affiliates, advisors and employees accept any responsibility or liability to you or to any other person or entity arising out of this presentation. The Company does not undertake or agree to update this presentation after the date hereof. Each prospective investor should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice. THIRD PARTY INFORMATION This presentation includes market and industry data which was obtained from various publicly available sources and other sources believed by Planting Hope to be true. Although Planting Hope believes it to be reliable, the Company has not independently verified any of the data from third party sources referred to in this presentation, or analyzed or verified the underlying reports relied upon or referred to by such sources, or ascertained the underlying assumptions relied upon by such sources. The Company does not make any representation as to the accuracy of such information. FORWARD -LOOKING INFORMATION This presentation includes forward-looking information. Statements containing the words "believe", "expect", "intend", "should", "seek", "anticipate", "will'', "positioned", "project", "risk", "plan", "may", "estimate" or, in each case, their negative and words of similar meaning are intended to identify forward-looking information. Forward-looking information in this presentation includes, but is not limited to, information regarding the Company's future financial results, goals, plans, earnings potential, business activities, business opportunities, competitive advantages and ability to create value as well as consumer and industry trends, market size and growth opportunities. Forward-looking information contained in this presentation is based on certain assumptions regarding expected performance of the Company, economic conditions, consumer and industry trends and growth opportunities. While management believes these assumptions to be reasonable, based on information available as of the date on which assumptions are made, they may prove to be incorrect. Forward-looking information involves risks and uncertainties including, but not limited to, the impact of laws and the Company's compliance with such laws; changes in laws, regulations and guidelines; business strategy risks; risks to reputation and brand value; a failure to introduce new products or successfully improve existing products; competition; dependence upon key management personnel; conflicts of interest; internal controls; liquidity and additional financing; management of growth; equity price risk; litigation; cybersecurity and privacy risks; challenging global financial conditions, especially in relation to the ongoing COVID-19 global pandemic; credit and liquidity risk; governmental regulations; operating risks; access to capital; enforceability of contracts; ability to forecast; reliance on suppliers and skilled labour; supply chain disruptions; intellectual property risks; and insurance risks. There may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. In addition, even if the outcome and financial effects of the plans and events described herein are consistent with the forward-looking information contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. Many assumptions are based on factors and events that are not within the control of the Company and actual future results may differ materially from current expectations. You should not place undue reliance on forward -looking information. Except as required by applicable securities laws, the Company assumes no obligation to update or revise any forward-looking information in this presentation to reflect new events or circumstances. Future-oriented financial information and financial outlook is presented solely as either a forecast or a projection. THE PLANTING HOPE COMPANY INC. 2
A PLANT-BASED FOOD & BEVERAGE POWERHOUSE Investment Highlights � Plant-based food and beverage company focused on producing the world’s most nutritious and plant-friendly products � Disrupting the entire industry with its Sesamemilk – all the nutrition, none of the dairy and it’s sustainable for the planet � Established in major distributors (UNFI, Kehe), key retailers (Kroger, Sprouts, Whole Foods Market Canada, Amazon) � All-women Board and C-suite, one of the first on any listed exchange in Canada and amongst very few globally � An ESG-focused and sustainable company: nutrition, sustainability, and representation, mapped to six UN Sustainable Development Goals � The plant-based milk market is a C$24B market and exploding* *Source: Fortune Business Insights, Dairy Alternatives Market to Hit US$53.97 Billion by 2028; Surging Demand for Plant-Based Milk Products by Health Enthusiasts to Spur Growth: Fortune Business Insights™ THE PLANTING HOPE COMPANY INC. 3
GOT MYLK? A MORE NUTRITIOUS AND MORE SUSTAINABLE PLANT-BASED MILK TSXV: MYLK /noun/ Our flagship brand: Hope and Sesame sesamemilk � The first commercially available sesamemilk worldwide � Nutritionally comparable to dairy milk: 8g of complete protein and all 9 essential amino acids, an excellent source of Vitamin D, plus 30% more calcium than most dairy milk* Definition: Plant-based milk: milk that is made from plant sources (nuts, grains, beans) rather � Signficantly more nutritious and sustainable than almond, nut and oat milks than animal sources (cows, sheep, goats). � 4+ years of product development created proprietary formulation and ingredients � Launching breakthrough Barista sesamemilk to cafes in Q4 2021 THE PLANTING HOPE COMPANY INC. *Source: USDA FoodData Central 4
PLANT-BASED MILK IS EXPLODING The Global Plant-Based Milk market DOUBLED in the prior 5 years “WHITE GOLD: THE UNSTOPPABLE RISE OF (C$12B-C$24B) and is projected to QUADRUPLE over the next ALTERNATIVE MILKS” – THE GUARDIAN* decade (C$24B-C$95B CAD) $100 $95 C$ $90 $80 FORECAST 10 Year 16.7% CAGR $70 $60 C$BILLIONS $50 $40 HISTORICAL 5 Year 14.8% CAGR $30 $24 $20 $12 $10 $0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Chart Sources: • Statista.com, Plant Based Beverages Market Value Worldwide • Bloomberg.com, Plant Based Foods Market to Hit US$162 Billion in Next Decade • IPS News, Plant Milk Market is Expected to Grow at a CAGR of 14.5 from 2020 to 2028 | Growing Number of Vegan Food Consumers Is Expected to Drive the Plant Milk Market THE PLANTING HOPE COMPANY INC. *Source: The Guardian, White Gold: The Unstoppable Rise of Alternative Milks, 1-29-2021 5
PLANT-BASED MILK IS NOW AN EVERYDAY HOUSEHOLD STAPLE 56% of US households buy 2 or more types of non-dairy milk* 74% of US households use both dairy and dairy alternatives simultaneously** 50% of coffee drinkers in the UK ask for non-dairy milk when ordering in a cafe*** Plant-based milks are used daily in the home in multiple ways, including: � Cooking � Coffee � Smoothies � Baking � Cereal � Beverage *Source: https://www.cnn.com/2021/09/27/business/silk-so-delicious-plant-based-milk/ **Source: Plant Based Foods Association April 2021 THE PLANTING HOPE COMPANY INC. ***Source: https://www.livekindly.co/50-coffee-drinkers-dairy-free-milk-cafes/ 6
BUT: CURRENT CATEGORY LEADERS (ESPECIALLY ALMOND AND NUT MILKS) HAVE SIGNIFICANT NUTRITION AND SUSTAINABILITY CHALLENGES. THE PLANTING HOPE COMPANY INC. 7
INTRODUCING HOPE AND SESAME SESAMEMILK THE PLANET-FRIENDLY PLANT MILK WITH ALL OF THE NUTRITION AND NONE OF THE DAIRY! � Nutritionally comparable to dairy milk: 8g of complete protein, excellent source of Vitamin D, 30% more calcium � Sesame requires little water and resources to cultivate. It’s naturally pest resistant and bee-friendly � Sesame is globally relevant, thriving in hot, arid areas around the world where it is culturally important to health and cuisine � Award-winning innovation and taste 2020 Sofi Award 2020 GAMA FINALIST 2018 2021 Best Plant-based Milk Innovation Awards Best Beverage Concept Best New Product Best New Product Hope and Sesame Health & Wellness Best New Brand/Business FINALIST Hope and Sesame Chocolate Hazelnut Innovation Finalist: Best Plant-Based Drink Chocolate Hazelnut Hope and Sesame Sesamemilk THE PLANTING HOPE COMPANY INC. 8
SESAMEMILK IS MORE NUTRITIOUS: 8X MORE PROTEIN THAN ALMOND MILK, 2-3X MORE PROTEIN THAN OAT MILK Why is almond milk so low in protein? Best overall In industrially manufactured almond milk, the plant-based protein content is filtered out along with the milk nutrition pulp, leaving around 1g protein/250ml SESAMEMILK IS COMPARABLE TO Hope and Sesame Dairy Almond Oat DAIRY MILK ON KEY Sesamemilk Milk Milk Milk NUTRIENTS UNSWEETENED Type Calories Unsweetened 90 cal. Skim 83 cal. Unsweetened 30 cal. Low Fat* 90 cal. 56% of parents are looking Unsweetened Sesamemilk has 0g sugar. Protein** 8g 8.3g 1g 3g 39% of consumers are seeking milks without for comparable nutritional added sugar. Most unflavored oat milks are Sugars 0g 12g 0g 7g profiles in plant-based milk required to label 7g+ of added sugar due to Calcium 30% RDV 23% RDV 35% RDV 25% RDV processing*** Vitamin D 25% RDV 26% RDV 25% RDV 20% RDV to dairy milk in order to use more plant-based milk for Type Original Whole Original Original their families.^ ORIGINAL Calories 110 cal. 149 cal. 60 cal. 120 cal. 38% of consumers are seeking high Protein** 8g 8g 1g 3g Only sesame, dairy, and protein in their plant-based milk^^ Sugars 7g 12g 7g 7g soy milks deliver Calcium 30% RDV 23% RDV 35% RDV 25% RDV Vitamin D 25% RDV 25% RDV 25% RDV 20% RDV COMPLETE protein, with all 9 essential amino acids Type Chocolate Chocolate Chocolate Chocolate needed for human CHOCOLATES Calories 160 cal. 220 cal. 100 cal. 150 cal. nutrition. With 30% less sugar than chocolate dairy Protein** 8g 8g 1g 3g milk, our Chocolate + Chocolate Hazelnut Sugars 17g 26g 19g 16g sesamemilks are a super workout Calcium 30% RDV 20% RDV 35% RDV 25% RDV recovery option Vitamin D 25% RDV 25% RDV 25% RDV 20% RDV ^ Source: Plant Based Foods Association April 2021 ^^ Source: FoodDive, 4 Reasons Plant-Based Milk Will Keep Growing After the Pandemic, 11-24-2020 All nutritional information is per 8 oz/250 ml serving *most oat milks have naturally occuring sugar/cannot claim unsweetened Sources: Dairy milk: USDA database; Turkey Hill Chocolate Milk ** highlighted in GREEN: complete protein/provides all 9 essential amino acids critical for human nutrition Almond milk: Blue Diamond Almond Breeze Unsweetened Original, Chocolate ***Source: Food Navigator USA, Oatmilk Brands to Update Nutrition Facts Panels in Light of FDA guidance on added Sugar Labeling Oat milk: Oatly Low Fat, Original, Chocolate Oat Milk 9
SESAMEMILK IS MORE SUSTAINABLE USES LESS WATER Sesame uses 95% less water than almond milk and 75% less water than oat milk.^ BETTER FOR BEES Almond cultivation requires commercial bees to pollinate the groves during a short window; millions of bees are shipped in and more than 30% die from stress and pesticide poisoning: “Like Sending Bees To War: The Deadly Truth Behind Your Almond Milk Obsession” - The Guardian, January 8th 2020. Although pollinators can increase yield, sesame is self-pollinating, no commercial bees required.^^ NATURALLY PEST RESISTANT Glyphosate is commonly applied to protect the base crops used in many plant milks.^^^ Sesame is naturally pest-resistant and does not require intensive pesticides and herbicides.** Liters of water Pesticide + Majority of crops required to produce Pollinator Drought herbicide genetically Dairy + Plant Milks 1L of milk^ friendly? tolerant? intensive? modified? Cow’s Milk (corn, soy fodder) 628 N N Y Y Almond Milk 371 N N Y N Oat Milk 48 Y N Y N Soy Milk 28 N N Y Y SESAMEMILK** 12* Y Y N N ^Source: ProVeg International Plant Milk Report, October 2019 ^^Source: University of Florida IFAS, Entomology and Nematology Department, Open Sesame: The Pollination of Sesame Plants, 4-20-2016. ^^^Environmental Working Group, Glyphosate Contamination in Food Goes Far Beyond Oat Products, 2-28-2019 *Estimated by The Planting Hope Company. Sources include: Texas A&M AgriLife Research and Extension Center at San Angelo Sesame Production Guide **Additional sources on sesame farming include: Pesticide Action Network (Germany), Field Guide to Non Chemical Pest Management in Sesame Production THE PLANTING HOPE COMPANY INC. 10
THE EVOLUTION OF MYLK ARE CONSUMERS OPEN TO NEW ALTERNATIVES? YES — IN PLANT-BASED MILK, DISRUPTION IS THE NORM 2000s • Soy milk dominates category SESAMEMILK’S OPPORTUNITY: • Almond milk introduced, small segment DISRUPT THE PLANT-BASED MILK CATEGORY STARTING WITH ALMOND AND NUT MILK 2010s • Soy milk begins steady decline (heavily GMO crop) “The market for plant-based milks is not yet saturated, particularly • Almond milk scales to majority of the US Market in light of modern consumers’ thirst for novelty, experimentation, • Oat milk introduced, barely on the radar then and variety.” — ProVeg International* grows 1200%+ from 2018-2020^ OTHER 2020s Overall category growth is outpacing almond 10% milk by 2.5x RICE SOY TOTAL US PLANT 7% • Almond milk dominates but overall category 2% MILK CATEGORY** COCONUT growth is outpacing almond milk growth by 2.5x 5% • Oat milk scales to C$500M business in North ALMOND ALMOND MILK IS THE BIGGEST America alone and is currently driving category OAT 61% CATEGORY SEGMENT, 15% THE MOST NUTRITIONALLY growth^^ DEFICIENT AND THE LEAST SUSTAINABLE. MARKET IS PRIMED AND READY FOR THE NEXT BIG DISRUPTION: SESAMEMILK ^Source: CNN Business, Oat Milk Is Everywhere. Here’s Why. 6-18-2021 ^^Sources: Good Food Institute/SPINS, US retail Market Data for the Plant-Based Industry; Bloomberg, Tiny North American *Source: 2019 ProVeg Plant Milk Report Oat Crop Could Be Coming for Your Breakfast, 10-8-2021 **Source: SPINS; Refrigerated & Shelf Stable Plant Based Milk; Total US MULO & Natural Channel; 52 W/E 09/03/2021 11
TRENDS DRIVING PLANT MILK’S GLOBAL EXPLOSION MULTIPLE CONCURRENT TRENDS ARE DRIVING THE EXPONENTIAL GLOBAL GROWTH OF PLANT-BASED MILK* � Rise of flexitarianism (42% of total adults globally now identify as flexitarians, including 54% of Millennials and Gen Z.)** � Global health awareness (accelerated by COVID) � Environmental + sustainability concerns (accelerated by climate crises) � Animal welfare concerns � Rates of lactose intolerance and dairy allergies (worldwide = 75%)*** REASONS PEOPLE ARE EATING MORE PLANT-BASED FOODS:^ % of respondents citing each reason (more than one could be given) FLEXITARIANS VEGANS Health Weight Management FLEXITARIAN /noun/ Animal Welfare Environment ‘flexible’ + ‘vegetarian’: a person whose diet is mostly vegetarian Concerns over Antibiotics but sometimes includes meat, fish, or poultry. Taste 0 10 20 30 40 50 60 *Source: Food & Beverage Insider: COVID-19 Fueling Rise of Plant-Based Diets ***Source: National Institutes of Health: The Interrelationships Between Lactose Intolerance and the Modern Dairy Industry **Sources: Euromonitor via Totally Vegan Buzz, 42% of global consumers are flexitarians and driving mainstream plant ^Source: BBC News, Veganism: Why Are Vegan Diets On The Rise?, 1-2-2021 based shif t, 4-3-2021; The Beet, Survey: 54% of Millennials Are Eating More Plant Based, as “Flexitarians”, 1-15-2021 12
HOPE AND SESAME BARISTA BLEND LAUNCHES Q1 2022 How did oat milk come from nowhere to be everywhere? THROUGH COFFEE SHOPS. JENNA GOTTHELF Educator at Counter Culture Coffee Oat milk gained traction as baristas discovered it, New York, US preferring oat milk’s performance in frothing + steaming over other plant-based milks like almond and soy. Once � 2019 Winner – America’s Best consumers had it in their morning lattes, they wanted oat Espresso at Javits Center, NY � 3x USBC semi-finalist milk in their fridge. actual barista sesamemilk art! Sesamemilk has a similar opportunity Sesamemilk's (mostly neutral) taste pairs VERY well with coffee and popular cold beverages like boba tea. Jenna Gotthelf Sustainabilty is a hot topic and core concern for the jennahhhhhhhhh barista community, who is actively seeking out Heya!! I just wanted to drop you a line to say that the sesame planet-friendly options throughout their café operations. milk is *so* good!!! The sample you shared steamed like a dream. Definitely easier to work Over an intensive three year period, we partnered with with than almond and other alt expert baristas to create a top performing barista-friendly milks and it tastes very good. version of sesamemilk that tastes great and performs More to come soon. like a dream in both hot and iced beverages. 13
PROPRIETARY FORMULATIONS, READY TO SCALE DEVELOPING SESAMEMILK WAS NOT EASY � Unlocking the power of tiny, nutrient-dense sesame seeds in a delicious plant milk required substantial R&D and formulation with top flavorists and beverage scientists � It took us three years and a significant investment to crack the code on sesamemilk (soft launch in 2019) � We have continued to refine our proprietary formulas, incorporating new ingredient and processing technology into our organic-compliant white label-protected ingredient technology solutions, bitter maskers, buffering and stabilization blends � All are key to delivering a consistently excellent product to consumers, with a balance of taste, nutrition, and planet-friendly practices � Altogether: a challenging moat for fast-followers SUPPLY CHAIN DEVELOPED TO SCALE � Scalable network of high-quality ingredient suppliers and production partners established, with long-term opportunities to scale and integrate THE PLANTING HOPE COMPANY INC. 14
PRODUCTS AND PIPELINE: ALL THREE BRANDS Full product pipeline staged and rolling out over the next two quarters, including new sesamemilk flavors and formats, plus breakthrough product and sustainable packaging innovation from our two Plant-Based Snack brands, Veggicopia and Mozaics PLANT-BASED MILK Organic 1L Cartons Non-GMO 1L Cartons Barista 1L Carton Non-GMO 48oz Bottles 5 flavors (aseptic/shelf-stable) 6 flavors (aseptic/shelf-stable) (aseptic/shelf-stable) 3 flavors (refrigerated) AVAILABLE NOW LAUNCHING Q4 2021 LAUNCHING Q1 2022 PLANT-BASED SNACKS Plant-based Dips to pair with Veggies + Fruit Single-serving Dip Cups Single-serving Real Veggie Chips PRODUCE DEPARTMENT POSITIONING Shelf-stable Greek Snack Olives New sustainable compostable NEO Plastics packaging– Nutrient-dense, bean-based, popular flavors 24x shelf life of refrig. dips Shelf-stable, brine-free contains additive that degrades packaging film in (Ranch, BBQ, Nacho), single servings Michelin Star Chef-crafted Paleo + keto-friendly normal waste stream, creates harvestable bio gas Breakthrough innovation: shelf-stable/24 months 15
WELL-DEVELOPED OMNICHANNEL DISTRIBUTION PLATFORM GROCERY RETAILERS: As of Q4 2021, 2,000+ Doors in US (95%) and Canada (5%) - Hope and Sesame STRATEGIC APPROACH: North America (US + Canada) FIRST: � Establish ecommerce distribution, providing wide availability and access to consumers; this includes direct-to-consumer subscription capability through our own branded websites � Launch foodservice barista sesamemilk to independent coffee E-RETAILERS: All 3 Brands shops to grow consumer awareness SECOND: � Expand grocery and natural grocery distribution in both chilled and shelf-stable segments � Expand barista milk to chain coffee shops and restaurants E-WHOLESALERS: All 3 Brands with coffee features THIRD: � Enter mass market retailers, specialty channels, club stores WHOLESALERS/DISTRIBUTORS and corporate foodservice operators CONCURRENTLY: � Explore international export market SPECIALTY Interest established and discussions underway with distributors and retailers in APAC, UK, EU, Middle East, and Latin America THE PLANTING HOPE COMPANY INC. 16
C-SUITE MANAGEMENT TEAM Deep consumer food & beverage experience across emerging brands and established powerhouses, from Branding to Sales to Supply Chain Julia Stamberger Susan Walters-Flood Kohmela Grier Mara Ebert Chief Executive Officer, Co-Founder, Chief Operating Officer Chief Financial Officer Chief Sales Officer Chairman, Director Leads strategic development and execution Directs all manufacturing and production, Manages and executes all financial Develops and executes sales strategy across the organization. including product formulation and accounting and reporting. Oversees IT across brands and channels. development, packaging, supply chain, systems and Human Resources. Serial entrepreneur focused on creating and History of successful brand launches logistics and sustainability initiatives. scaling disruptive products to fill key Financial leadership experience includes: and growth, including: consumer needs, including: 20 years experience as an entrepreneur, � Xeikon America, Inc.: led internal and � Dr. Schär: launched Valosia (dairy-free leading and scaling NuWorld, a strategic leader external financial reporting for both gelato), adding 2,500 retail doors in � Developing and launching the airline snackbox concept, effectively solving myriad in specialty food ingredients and contract US + Canadian entities 18 months operational and customer service challenges manufacturing. � Marcus Lemonis: assisted entrepreneurs � Aunt Fannie’s: added 2,500 doors at � Created AirlineMporium, today a top � Successes include pioneering the from TV’s “The Profit” restructure their leading retailers in 1 year airline foodservice brokerage development of Ancient Grains as important back-office processes and accounting � Icelandic Provisions: added 6,270 � Launched consumer GoPicnic ready-to-eat ingredients in commercial food products. to provide insight and path to profitability distribution points (5% ACV) meals to retail (200% YOY growth/8-figure � Clients ranged from Fortune 100 CPG � Premier Beauty Supply: oversaw a � Applegate: oversaw sales growth annual revenues in under 3 years) companies to rapidly scaling disruptor brands period of successful double-digit from C$120M to C$600M, including � Built teams of 35+ direct employees like Enjoy Life Foods growth as business scaled establishment of a dedicated 4’ set in � Developed complex supply chains with � Built and managed teams of 100+ employees all Target stores network of key comanufacturers and suppliers at both NuWorld and Arthur Andersen � Formulated and launched more than 100 retail SKUs 17
BOARD OF DIRECTORS: ONE OF THE FIRST ALL-WOMEN BOARDS ON THE TSXV Uniquely strong, high-pedigree board of directors with directly transferable experience Julia Stamberger Saundra Linn Kay Wong-Alafriz Shelley Diamond Amanda Helming Chief Executive Officer, Co-Founder, Lead Director, Chair of Governance, Director, Chair of Audit Director Director Chairman, Director Nomination, Compensation Committee Commitee Serial entrepreneur focused on creating Principal, GEM Insight Consulting Chief Financial Officer, Kabam Inc. Chief Marketing Officer, UNICEF USA Chief Marketing Officer, United and scaling disruptive products to fill key (consulting to global 100 retailers and (a subsidiary of NetMarble Corp) Natural Foods (UNFI) consumer needs, including: retail data companies, including SPINS - Founding member W.O.M.E.N. in America - CPA, CA, CFE, ICD.D - Global Ambassador for Vital Voices Prior roles include: � Developing and launching the airline and Unilever). - Member of the Office of Infrastructure � Chief Marketing Officer, UNO snackbox concept, effectively solving Prior roles include: Canada (INFC) Audit Committee Prior roles include: Restaurants myriad operational and customer � Chief Operating Officer, dunnhumby � Global Chief Client Officer, Young & • VP Brand Strategy, Global Consumer service challenges Prior roles include: Rubicam/WPP (Campbell Soup, Tyson Canada Insights & Pricing, Dunkin’ Brands � Created AirlineMporium, today a top � SVP Finance & Operations, Mobetize Foods, Pepperidge Farm, Dell, Xerox � SVP Retail, dunnhumby USA • Brand Marketing, General Mills airline foodservice brokerage � SVP Finance & Enterprise Risk accounts) � SVP Client Leadership 84.51° (Kroger) • Business Strategy, Disney/ESPN � Launched consumer GoPicnic Management, Property CFO, Asian � President, Managing Director Young � VP Operations Strategy, FedEx Kinko’s Media Networks ready-to-eat meals to retail (200% Coast Development Ltd. & Rubicam NY YOY growth/8-figure annual revenues US-based (Midwest) � Founded Young & Rubicam Inspire US-based (East Coast) Public Board + Audit Committee in under 3 years) Change Practice experience includes: � Built teams of 35+ direct employees � Blackrock Resources Ltd./Greenpower Public Board experience includes: � Developed complex supply chains with Motor Company Inc., TSXV, 12/2010-6/2015 � PAETEC Holding Corp, NASDAQ, network of key comanufacturers and � Vitaxel Group Ltd., OTCQX, 5/2016-3/2019 2007-2011 suppliers � Ding He Mining Holdings Ltd., HKEx � Formulated and launched more than (Hong Kong), 6/2007-6/2015 US-based (East Coast) 100 retail SKUs � Nagacorp Ltd., HKEx (Hong Kong), 6/2005-10/2009 Canada-based (Vancouver, BC) 18
CAPITALIZATION Market Capitalization C$25M Ticker TSXV: MYLK Shares Outstanding 36,040,236 Multiple Voting Shares* 450,659 - Issued to acquire Planting Hope Brands LLC - Convertible 100:1 (= ~45M) - 36-month escrow, no sales for six months - Owned by management, insiders and investors - Represents C$14.4M invested prior to acquisition Initial Public Offering 22,500,000 - Raised C$9M at C$0.40/share (max offering) - Over-allotment option raised $1.35M at $0.40/share (full exercise) Insider Ownership 37% Pre-IPO Warrants Outstanding ~30,500,000 Convertible Debt - C$5M, converts at discount to IPO: 15% in Year 1 or 30% at end of term - Incentive to hold for one full year - Held by early strategic investors Please refer to the Company’s prospectus for additional detail. *Other than the Multiple Voting Shares, the shares referenced above, including IPO shares and any stock options and warrants when exercised, are Subordinate Voting Shares. THE PLANTING HOPE COMPANY INC. 19
ir@plantinghopecompany.com (773) 492-2243 plantinghopecompany.com HOPE AND SESAME® | @hopeandsesameco MOZAICS™ | @mozaicschips VEGGICOPIA® | @veggicopia
You can also read