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Innovative Plant Based
Protein Products
Improved Nature®
Improved Nature Overview
a leading
Plant Based Food (PBF)
company
our unique capabilities in food
product development and
proprietary manufacturing
processes to make high
protein food products and
ingredients that are derived
solely from plants and
water.
our initial products target the
wholesale protein markets
for snack foods and
sustainable alternatives to
animal meats.
Improved Nature®
Improved Nature®
Competitive Advantages
Experienced
Management Team
has developed
innovative products
in the food industry
as employees and
consultants for the
largest companies in
the world.
Production
Advantage
proprietary process
is high volume and
low cost while
producing superior
products.
Simple
Ingredients
simple clean, label,
organic, non-GMO,
and natural flavors.
Strategic
Relationships
direct access to
major food
companies
internationally to
meet dynamic
growth in demand
for PBF products.
Complete Research
and Development
a wide array of
products with the
texture and taste of
all animal meat
proteins and snack
foods have been
developed and are
ready for
commercial
production.
Improved Nature®
PBF Market Growth
at conventional retail in 2016
SALES GROWTH
6.8 %
In the U.S., growing twice as fast as the
rest of the total food and beverage
industry
MARKET SIZE
$4.9 bn
at natural/specialty channels in 2016
SALES GROWTH
11.6 %
driven primarily by refrigerated and
frozen meat alternatives
(2011-2015)
GLOBAL GROWTH
24 %
Improved Nature®
Clean Label Market Growth
2015 Sales of $39.7 Billion up from $24.1
Billion in 2010
U.S. ORGANIC SALES
(2010-2015)
10.5 % 13.1 %
COMPOUND ANNUAL GROWTH
2015 Sales of $21.1Billion up from $12.9 Billion in 2010
U.S. NON-GMO
LABEL PRODUCT
Improved Nature®
Snacking Market Growth
by consumers
since 2010
UP FREQUENCY
17 %
Projected by 2021
MARKET SALES
$35 bn
snack more than 3 times per day,
Millennials snack more
OF AMERICANS
46 %
seek snacks with clean labels
OF MILLENNIALS
44 %
We are uniquely positioned to benefit from a shift in consumer behavior
towards healthy snacking and smaller meals away from animal proteins.
Improved Nature®
Initial Products
Customers choose food products that feature our products and ingredients
because they taste good, are value priced, convenient and have a clean
label. Initial products and ingredients include:
Plant based meats for use in▪ Ready to eat meals – center of plate proteins for refrigerated or
frozen meals
▪ Quick service menu items – chicken, pork, beef, fish alternatives for
major restaurant outlets
▪ Institutional food service outlets – School lunches, Healthcare, large
volume meal providers.
Crunchy snacks – crisps, puffs, crackers, chips,
croutons
Chewy snacks – jerky, bars, trail mix
Improved Nature®
Initial Sales Traction
School Lunch
Programs
Crispy Tender Product
shipping to 20+ major
school districts in US
after participation in the
School Nutrition Show in
July 2017
US Retailer
Private Label
Trade Show
will participate in Q4
$15+ mn
pipeline and growing
Improved Nature®
Financial Metrics
Early Revenue Company
All products have gross margins of over 50% Strong Margins Over Cost
Retail Price Points are Known
▪ Set primarily by meat companies and meat alternative
companies
▪ Meat Alternative prices are mostly higher than the meat
they are replacing
▪ We can compete at any of these price points with high
margins
▪ Our contract keeps our main raw material cost steady
▪ We are also assured of a ready supply to support our
growth
Raw Material Price
leveraged with a long
term contract
Improved Nature®
Garner, NC Plant
The Company has occupied a 30,000 square foot plant in Garner, NC.
• Capabilities
o Plant based meats (through co-packer relationships)
o Bulk protein ingredients
o Crunchy snacks
o Chewy snacks
• FDA Certification June 2017
• Initial target customers
o Top School Districts in US
o Major food ingredients companies
o Major snack companies
Improved Nature®
Food Products Value Chain
OCTOBER 2016
Our business model mitigates risk in the value chain through alliance with
strategic partners for raw materials and flavorings with simple ingredients
sourced in the U.S.
Direct to Consumer
Retail
Agriculture Source
Ingredient Suppliers
Factory
Branding
Improved Nature®
Supply Chain
OCTOBER 2016
Our strategic partners and management are
experts in mitigating supply chain risks
▪ Supply Chain Competence
▪ Supply Chain Performance
▪ Co-Packer Capabilities & Gaps
▪ Ingredient Supply Limitations and
Restrictions
▪ Supply Chain Continuity Planning
Improved Nature®
Production
OCTOBER 2016
We are uniquely capable of managing operations to
meet market demands for production
Proprietary ProcessProcess Capability
&
Competence
Capital Equipment
Strategy
Continuous Improvement
PhilosophyBuilding and Facility
Improved Nature®
Management Team
Core Team established
14 years
ago as a consulting group (RDI
Foods)* specializing in food
product research, development,
and plant implementation.
Blue chip client base including
Nestle, JBS, Kraft, General Mills,
ConAgra, Kellogg, Pilgrim’s
Pride, Hersheys, JM Smucker,
Marfrig, Perdue Farms, Maple
Leaf Foods, Farmington Foods,
and Bridgford Foods
Worked with over
100 different food companies on 5
continents
Led projects to build new
manufacturing facilities for new
product lines and expanded
production lines
Created over
300 new products
for many food companies
including meat snacks, luncheon
meat, sausages, military rations,
sandwiches, pizza, sauces,
dressings, baby food, pet food,
etc. Many of these products
were innovative or used new
technology
As SQF and HACCP consultants,
set up world class operational
plans and programs for large
and small food companies to
meet USDA, FDA, EU, and
Military Standards.
26 patents of designed and
created specialized equipment
and processes,
Conduct research with the US
Military and NATO leading to
the development of nearly
100 unique products for
military rations
Prior to creating RDI, the
management team worked at
various food companies
including: Oscar Mayer,
ConAgra, Cadbury, DuPont
Protein Technologies, Coca-
Cola, Flavorite Labs, Naturally
Potatoes, and Foodtech
Improved Nature®
Leading authority world
wide for shelf stable meats
and foods
Management Team
Richard (Rody)
HawkinsPresident and CEO30+ years
Ph.D. Meat Science, MS
Meat Science, B.S. Animal
Science
Leading authority world
wide for production of shelf
stable meats and foods
Lawrence (Larry)
ChandlerGeneral Manager28+ years
M.S. Food Chemistry, B.S.
Zoology, SQF Certified
Specialist in packaging
materials, systems/systems
labs and process analysis
Steven KlawiterVP of Marketing and
Customer Service30+ years
B.S. Packaging, Certified
Packaging Professional
Inventor of proprietary
production technology that
forms meat like fibers from
plant proteins
Moshe MedianInventor and VP of
Engineering20+ years
Expert in design of food
production processes and
machines to improve
efficiencies and reduce
costs in food prototyping
and production processes
Sarid ShefetVP of Technical
Services20+ years
Expertise in sales with focus
on the food service,
industrial and retail
segments
Larry YatesDirector of Sales25+ years
Expertise in financial and
operations strategy, and
investment banking
David SwintoskyVP Finance24+ years
