Copyright © 2020 Locus Agricultural Solutions

This company works to directly impact the following UN Sustainable Development Goals

Soil “Probiotics”Grow more food. Fight climate change.

Problem: The World is Facing a Climate Emergency

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Over 20 countries have committed to being net zero by 2050 but have no path to it. Most technologies in development aim to mitigate future emissions, but do not remove carbon already in the atmosphere.

The 2019 UN Environment Program states that if emissions can be reduced by 7.6% annually, the world can avoid exceeding the 1.5oC global temperature threshold.

Recognizing Agriculture as Part of the Problem

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• The UN estimates that in less than 60 years almost all fertile topsoil will be lost due to industrial agriculture1

• Regenerative agricultural practices, such as minimum tillage and cover cropping, can help put carbon back into the soil at rates of 0.2-0.5 tons per acre annually2

• However, due to issues such as short-term yield loss, very few conventional farmers have transitioned to regenerative practices

1https://www.scientificamerican.com/article/only-60-years-of-farming-left-if-soil-degradation-continues/ 2Rodale Institute

Industrial agriculture causes between 11-33% of global greenhouse gas (GHG) emissions

Farmers Barely Make Ends Meet, Making Change More Difficult

While cost rises, produce prices remain depressed. Climate change effects, such as increasingly unpredictable weather patterns, add to these challenges

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Agriculture Is Also Part of the Solution

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What if it were possible…

Locus AG Can Accomplish All of This and More

..to substantially reduce agriculture’s

carbon footprint IMMEDIATELY?

..for farmers to grow more with less, improving their

bottom-lines as well as the health of their soils?

..for farmers to be secure against weather

changes and market pricing fluctuations?

75%+ reduction in soil nitrous oxide emissionsOne of the key contributors to global warming

Solution: Rhizolizer® Soil “Probiotic” Technology

Organic treatments with no change to grower practiceCost-effective and easy to apply

Up to 43% yield increases to incentivize farmersAcross most crops, soil types and geographies

10%+ reduced fertilizer inputs without impacting yields Money to farmer, reduction in carbon intensity, improved soil health

Grow more food on less land, increase revenue, fight climate change AND reduce the use of chemical inputs TODAY on a worldwide basis

Up to 9 tons of carbon sequestered/acre annuallyPotential to make negative-carbon food and fuel when combined with other sustainability efforts

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Typical Agronomic Results

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Crop yield increases up to:42% Cantaloupe

5% Corn

14% Cotton

31% Potatoes

9% Sod

17% Strawberries

18% Tobacco Leaf Width

Tomatoes20% Watermelon

34% Citrus

20% Corn

32% Cotton

9% Peanuts

31% Potatoes

9% Sod

22% Strawberries

40% Tomatoes

34% Watermelon

43% Cantaloupe

35% Apples

67% Hemp

6% Wheat

Sequestration in just these six crops alone can reduce annual greenhouse gas emissions in the U.S. by

Locus AG’s “Probiotics” Supercharge Carbon Sequestration

818,451,600 tons

Drastic Increases in Carbon Sequestration

4.7%

1Metric tons of CO2 equivalents/acre annually | Initial top trial results compared to grower practices 2Estimation from the USDA 3Citrus and grape measurements from Texas A&M, other crops validated by Ramboll

Third-Party Verified

Measurements3

Increases in CO2e Sequestration

Total U.S. Acreage2

CO2e Sequestration

Potential

TurfgrassAZ, CA, NC 8.6 tons per acre1 40,000,000 344,000,000 tons1

AlmondsCA 6.2 tons per acre1 1,090,000 6,758,000 tons1

CornCA 4.9 tons per acre1 94,000,000 460,600,000 tons1

CitrusFL 4.4 tons per acre1 700,000 3,080,000 tons1

GrapesCA 3.5 tons per acre1 1,060,000 3,710,000 tons1

CherriesCA 3.3 tons per acre1 92,000 303,600 tons1

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(compared to 7.6% annual target from the UN

Environment Program)

Significant Reduction in Soil Nitrous Oxide Emissions

Rhizolizer decreases N2Oemissions by:

Why is this impressive?This reduction is separate and in addition

to any fertilizer input reductions

More than 70% of human generated Nitrous Oxide (N2O) emissions, which is 300x worse as a greenhouse gas (GHG) compared to CO2, come from fertilizer use

1Citrus and potato data collected and verified by researchers at Texas A&M UniversitySource: EPA

75-85% 60%187%1

Corn Citrus Potatoes

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N2O accounts for 6% of global GHG emissions

Yield Increases with Reduction in Fertilizer Inputs

Growers in numerous crops have

reduced NPK fertilizer by 10%-50%

on their own after the second year

of treatments without impacting yield

Reduction in fertilizer use directly

impacts downstream water bodies

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Grower's Practice Rhizolizer +0%Fertilizer

Reduction

Rhizolizer +10%Fertilizer

Reduction

Rhizolizer +20%Fertilizer

Reduction

Yie

lds (

Bu/a

cre

)

Corn Yields with Fertilizer Reduction Walworth County, WI

Fertilizer inputs add to the carbon intensity of agriculture

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A 10% reduction in fertilizer use (without

including yield increases) approximates

to savings of $15-$20/acre for a corn

farmer who averages between $40-

$75/acre in profitability

Increasing Root Mass: The Key to Superior Results

Up to 150%+ additional root mass, with more fibrous and brace roots

And significantly higher nodulation

Soybean

Grower’s Practice

Rhizolizer

RhizolizerGrower’s Practice

Rhizolizer

Earth worms are indicators of healthy soil

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RhizolizerGrower’s Practice

Sod/Turf Grass

RhizolizerGrower’s Practice

Strawberries

Corn

CarbonNOW™: Compensating Growers for Climate-Smart Practices

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Locus AG’s new CarbonNOW™ carbon program gets growers paid for the past five years of conservation practices and maximizes future earnings

Carbon Marketplace

ProgramManager

Double or Triple Income

Carbon CreditsMonetize the carbon they sequester at $15/ton

Treatment BenefitsIncrease yield and decrease costs by scaling back on fertilizer use

Unmatched Value Proposition:

Farmers increase revenuein two ways:

The only program offering both comprehensive carbon credit payments and access to soil treatments that directly increase farmer profits.

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FARMERS CAN EARN

$107.70-$162.30/acre

In fertilizer savings

$12.60/acre

In more yields

$35.10 -$89.70/acre In additional

carbon credits

$60/acre

+ +

Rapid Scaling Potential for A Global Impact

Fermentation facilities can be built within months at 1/10 of standard production costs for easy global scaling, even in developing nations

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Improves Worker SafetyNon-toxic, non-GMO solutions are safer for humans

Unmatched Safety and

Societal Benefits

Feeds An Increasing PopulationIncreases crop productivity to grow more food in less time

Offers Safer Food Non-toxic, non-GMO and organic certification make treated food safer for consumption

Supports Local EconomiesProvides meaningful employment and commerce

Reduces Chemical RelianceEliminates international supply chain issues

More Cutting-Edge Products in Development to Replace Chemicals

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Soil amendments to improve phosphorous uptake from soils that also sequesters carbon• Reducing phosphorous fertilizer use • Phosphorous run-off is a key enabler of algae blooms

Bio-pesticides to replace more toxic and potentially carcinogenic pesticides• Help farmers, even in more difficult geographies transition to organic farming

By-products of microorganisms that reduce soil salinity and improve water-use efficiency• Reduce water use and wash out salts increasing yields for farmers

Currently in Commercial Trials

Leadership Team

Alex FotschVP, Agricultural Operations

Responsible for the development of Locus AG’s field-testing program and agricultural business plan. 2020 Forbes 30 Under 30 and formerly elected delegate to the Roundtable for Sustainable Biomaterials.

Paul ZornerChief Agronomist

Karthik KarathurPresident

40+ years of experience in global agricultural product development, operations and investment with 35 issued U.S. patents. An adjunct Professor of Horticulture and first U.S. citizen to be named a Queensland Champion.

Designated with building the low-carbon business platform for Locus AG. Instrumental in launching Locus Bio-Energy, an affiliate of Locus AG, into a high-growth business. Management consultant by background with McKinsey & Company.

David Kolsrud

24 years of proven experience in the renewable energy industries and an active member of E2. Currently on the board of Badger State Ethanol

Jerry Lynch

Served in leadership capacities of numerous stakeholder initiatives including co-chair of the Board of Trustees of the Keystone Policy Center

Tony Michaels

Former Chief Executive Officer and Board Member at Midwestern BioAg and respected leader in the study of nutrient cycling at local and global scales

Responsible for building all Locus businesses. Previous co-founder & Chairman of GanedenBiotech, Inc., the premier probiotic supplier in the U.S., where he was responsible for drivingoverall performance, strategic direction, and shareholder value.

Responsible for envisioning and developing

research capabilities, scientific products, and intellectual property (currently over 135 issued patents). Previous co-founder & Chief Scientific Officer of Ganeden Biotech, Inc., and responsible for the discovery of best-in-class oral and topical probiotics.

Former lead scientific administrator of the Soviet Union’s biological R&D program, supervising 32 facilities and 40,000 administrators and awarded Barkley Medal in 1994 for his public service and contributions to world peace.

Drives vision, strategy, operations and commercial development. Professional consultant with over 25 years of experience in agribusiness, consumer & professional pest management industries, holding executive positions at Terramera, Syngenta, Monsanto and more.

Supported by 17 experienced scientists from around the world17

Keith HeidecornVP, Sustainability

Responsible for the development of sustainable strategies and data pertaining to the low-carbon business.

Key

Ad

viso

rs

Dr. Kenneth AlibekSenior Vice President, R&D

Andrew LefkowitzCo-Founder, Chairman

Sean FarmerCo-Founder, Chief Scientific Officer

Grant AldridgeCEO

Founders’ Proven Track Record

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Probiotic Experience

• Co-founders previously built Ganeden,Inc. into the leading science- and IP-basedprobiotic supplier globally

• 135 patents issued; 27 studies publishedin peer reviewed journals, 3 ingredientsapproved by FDA for safety, firstprobiotic certified as non-GMO andmeets US Pharmacopeia standards,including the first spore-former approvedin China and India

• GanedenBC30®, Ganeden’s main product isnow present in over 1,000 products onsale in over 60 countries

• Ganeden sold its OTC brands to a portfolio company of TPG in 2011 for 3.0x revenue in a process runby Houlihan Lokey

• Ganeden sold the business in 2017 to Kerry Holdings for 7.7x Revenue and 24x EBITDA, in a processrun by Rothschild; achieved historic multiples in the food and beverage ingredients sector

Industry Recognition

…..for what was only commercialized in January 201821

Invited Panelist at UN Climate Change Conference, Madrid 2019

National Publicity: Fast Company

Our natural and sustainable “probiotic”

trend is gaining national awareness and

rapid adoption across a variety of

audiences.

https://www.fastcompany.com/90303108/these-probiotics-

for-plants-help-farms-suck-up-extra-carbon-dioxide

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We are at the forefront of simple,

clean solutions to the world’s largest challenges

Copyright © 2020 Locus Agricultural Solutions24