Foodbelt - Creating a food system that regenerates landscapes and - - PowerPoint PPT Presentation

OUR VISION

Transform the Wheatbelt into the Foodbelt

• Creating a food system that regenerates landscapes and

revitalises communities -

‘First-in-class’ ASX-listed, regenerative agriculture and food company

OUR OBJECTIVE

FINANCIAL

DELIVERING FOUR RETURNS

NATURAL

INSPIRATION

SOCIAL USD60 billion impact investment market – 10% annual growth

Huge area – 150,000 square kilometers Under-valued, affordable freehold land (from AUD1000 per hectare) in a safe and stable country Excellent transport, school and health infrastructure + cheap residential land Technologically advanced and educated community and farmers 2-3 hours from international airport + same time zone as Asia

COMPARATIVE ADVANTAGES

Innovative thinking and practices can leverage the immense potential

GLOBAL BIODIVERSITY HOTSPOT

ONLY 18% OF 15 MILLION HECTARES REMAINS AS NATIVE VEGETATION

PROGRESS UPDATE

BUNTINE - 3 ZONE APPROACH

50% NATURE AND COMBINED ZONE

MD visited Mexico to learn from Cravo’s large-scale, hot-climate vegetable production systems Finalised financial feasibility of 5000 sqm pilot plant (EBIT ≈$90,000/p.a. payback 3 years) Confirmed water + commenced earth works + approved development application

Earthworks at Arthur River Greenhouse Retractable roof production system

GREENHOUSE OPERATIONS

Constructed in October, growing in December

Registered trademark ‘4 Reasons, inspiring food’ + social media presence Proven demand – cucumbers, tomatoes, capsicum & edible flowers Align with premium chefs to build reputation and grow 4 Reasons brand Confirmed Australian and Singaporean supermarket chains demand for consistent supply of organic vegetables

BRANDING & DEMAND

Demand-driven, low-risk food production system

Head grower (Damien Rigali) with 15 years experience in commercial vegetable growing in Wanneroo Operations manager (Kerry Dell’Agnostino) with 6 years experience in horticulture – supported by Commonland Biodiversity expert (Sanne Kruijt) - secondment from Commonland New staff members are funded by Commonland

Damien Rigali (Head grower) conducting water testing

UPDATE – PEOPLE

Third-generation vegetable grower committed to regenerative practices

GREENHOUSE EXPANSION

Identified two potential sites with secure water resources, supportive Shires and good social infrastructure Scale up to 5 ha in size (EBIT ≈1.2m p.a., payback 2 year) Located across climatic zones to allow production over 12 months Creating IP for organic growing systems Market potential in Asia to support 400ha

• f organic production systems ≈$100 m

EBIT

Asia-Pacific 29% annual growth in demand for organics

Introducing WOA to European, philanthropic family funds seeking equity/debt impact investments Seeking $30m in low-interest loans with 25 year terms to purchase land assets Provided no-interest loan ($150,000 in 2016) towards WOA development – with strong commitment for 2017

Partner farmer at Arthur River

CORNERSTONE INVESTOR

Twenty year commitment to Wide Open Agriculture

30-50 CENT ROUND (IPO)

Fertilisers + water + land = secure production systems

Ben Cole Stuart McAlpine Jim Mackintosh Anthony (Maz) Maslin

Managing Director Non-executive Director Non-executive Director Chairman

• PhD in

environmental engineering

• Project manager of

$30 million development fund

• Founder of

profitable, social enterprise

• 35 years experience

in agriculture

• Award-winning,

innovative farmer

• Founding Chair of

Regional Repopulation Advisory Committee

• Former Director of

KPMG’s Deal Advisory Practice

• >10 years experience

in corporate finance

• Commonland Fund

Manager

• Listed Solar Energy

Systems on ASX ($7 million raising)

• >20 years stock

broking experience

• MD of ASX-listed

Buxton Resources

EXPERIENCED TEAM PROVEN TEAM

Proven board accompanied with experienced & passionate management

THANK-YOU

www.wideopenagriculture.com.au

Ben Cole (Managing Director) m: +61 (0)415 387 270