Protein farming

Laurent Genet

October 17th 2019

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Nutreco is a leading global animal nutrition company

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€6.4 billionrevenues

>11,000Employees

>100Production plants in 37 countries

Annualinvestment in innovation>4,000Employees in growth geographies

Nutreco is part of SHV

3

Present in

62 countries

Sales of

€19.9 billion in 2017

Over

60,000employees

Family company founded in

1896

Our mission

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Alternative protein value chains will be different than our current chain, yet we believe Nutreco’s capabilities are relevant to both

Animal farmingRaw material traders

Intermediate producers

Processors

Raw material processing

Marketing & distribution

Farming Food processingRaw material sourcing

Retailers

Raw material production

Nutritional RM

Animal-based protein value chain

Crop farming

Food co-products

Livestock farming

Aquaculture

Premix

Compound feed

Primary processors

CPG

Alternative protein value chain

‘Protein farming’Raw material traders

Intermediate producers

Processors RetailersNutritional RM

Functional RM

Crop farming

Food & industrial co-products

Micro-ingredients & growth factors

Fermentation bioreactors

Photobioreactors

Feedstock & medium processing

Primary processors

Animal cell bioreactors

Nutreco roleMain difference animal

vs. alternativeMore limited / different intermediate production

Fundamentally different ways of ‘farming’

Functional RM

Micro-ingredients

CPG

We partner to learn more and will invest in relevant start-ups

Invest in alternative protein for food start-ups to drive strategic learning

● Partner to create value; focus on learning on relevant capabilities

● Technology-enabled B2B food or food ingredient production

● Across technologies

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Fermentation-based Cell-basedPlant-based