Marc Chevrel, CEO World Agri-Tech Innovation Summit March 20th, 2018

Technology Showcase

Presentation

2From Wood to Food

The Global Food System is Challenged to Sustainably Feed

the World in 2050

Meeting global nutritional needs will require an increase of +70% in protein production

Growth of the middle class will increase demand for

meat and fish

Population Growth

By 2050, 65% of world’s population will live in urban areas, allowing for

easier access to animal protein

By 2050, between 9-11 billion people will be living on the planet,

an increase of 2 to 3 billion people

Rising Middle Class Urbanization

Source: Food and Agriculture Organization of the United Nations, 2016.

3From Wood to Food

Arbiom Solution: Wood to Food

Source: The World Bank – 2013 Copyright © Actualitix.com All rights reserved

Arbiom brings wood, a non-food plant, into the food chain

Wood is abundant and environmentally-friendly

Supply stocks are increasing in EU, US and China

No irrigation or fertilizer required

Strong industrial supply chain

Available year-round

Does not compete with food crops

Forest Area as Share of Land Area, 2015

4From Wood to Food

Arbiom SylPro Protein Offers Compelling Benefits

Nutritional

• 60+% crude protein content• High digestibility (92%)• Enhanced amino acid profile• Antibiotic-free • Beneficial to gut health• Safe and non-toxic

• Competitive cost-performance

• Stable price

• Decline in paper industry=available supply of biomass

• Economic development in rural communities

Economical

• Complete traceability

from source to end product

• Consistent quality and year-round supply

Traceability

• Renewable, natural source of protein

• Low GHG emissions and low land and water use

• Food security in protein-deficit regions

Sustainability

5From Wood to Food

Arbiom Enables Production of High Quality, High Quantity Protein

Qu

ality

Quantity

Soy

Fishmeal

6From Wood to Food

The Path From Wood to Food

Forestry MaterialHighly Fermentable

SubstratesProtein Rich

Micro-OrganismsSylPro Protein

Ingredient

7From Wood to Food

Arbiom’s First Target Market is Aquaculture

Source: World Resources Institute, 2010. Source: FAO, 2016.

0

20

40

60

80

100

120

140

160

180

200

220

240

Mill

ion

To

ns

Aquaculture is Expanding to Meet

Global Fish Demand

Aquaculture

Wild (Capture) Fisheries

Aquaculture is Growing

Pet Food

Pigs

Other

Aquaculture

Poultry

Aquaculture uses +70% of Global Fishmeal Supply

0

1

2

3

4

5

6

7

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

World Fishmeal Supply

(million metric tons)

Fishmeal Supply is Declining

Fishmeal Consumption by

Species

8From Wood to Food

Wood SylPro Fish Feed

Arbiom Leads Industry Consortium Demonstrating Wood to Food

Sourcing Biomass Fractionation and Conversion Product Manufacturing and Testing

European project funded by the Bio based Industries joint Undertaking under the European Union’s Horizon 2020 Research and innovation program under grant agreement N° 745591

Lifecycle Analysis

9From Wood to Food

Arbiom Team

Alex Berlin

CTO

Marc Chevrel

CEO

Anthony Scime

CFO

Lisette Tenlep

Senior ResearchDirector

Ricardo Ekmay

Animal NutritionDirector

Sophie Maneval

Corporate Secretary

Mike Bedrosian

Process ImplementationDirector

Hank Madjeski

Senior VPof Development

Charles Henri Nicolas

Project Director

40+ people from diverse backgrounds committed to solving a global challenge

+500K ExperimentsConducted since 2012

+100 YearsEngineering Experience

4 YearsPilot Operation

Emily Glenn

Business Development Director

10From Wood to Food

Arbiom is Seeking Partners & Investors

Over the next two years, Arbiom will launch a demonstration program leading to full scale commercial

operations.

Lab Scale

Bench Scale

Pilot

2012 - Today

Demonstration Program

2019 - 2020 2022+

Commercial Production

Marc Chevrel, CEO mchevrel@arbiom.comWorld Agri-Tech Innovation Summit March 20th, 2018

Thank You.