FOOD OUT OF THIN

DR. PASI VAINIKKA CEO, Co-founder @vainikkaPMJ VISION ON THE NEXT WAVE OF EVOLUTION FOOD PRODUCTION DEFINES OUR SOCIETIES

100 000–10 000 BC 10 000 BC–1700 AD 1700–2000 2000– HUNTER-GATHERER THE AGRICULTURAL THE INDUSTRIAL NEW FOOD SOCIETIES SOCIETIES SOCIETIES REVOLUTION THE PROBLEM CONVENTIONAL FOOD PRODUCTION IS RUNNING OUT OF TIME. CO2 EMISSIONS MUST BE CUT FAST

5 °C CONTINUING WITH CURRENT EMISSION TRENDS TOTAL GLOBAL GHG EMISSION TODAY 55 GT

3 °C SLOW BUT EXISTING POLICY DEVELOPMENT

0 2 °C EMISSIONS LIMITING GLOBAL WARMING TO 2 °C

1980 2000 2020 2040 2060 2080 2100 SOURCES OF GLOBAL GREENHOUSE GAS EMISSIONS 80% ENERGY

FOOD PRODUCTION 20% AND LAND USE CHANGE 40% OF HABITABLE LAND CONSUMED BY LIVESTOCK

EARTH´S SURFACE 30% LAND OCEAN

GLACIERS, 70% HABITABLE LAND LAND SURFACE BARREN LAND

50% FORESTS, SHRUB, HABITABLE LAND URBAN, FRESH WATER

80% CROPS AGRICULTURAL LAND LIVESTOCK

MEAT & 80% PLANT BASED CALORIC SUPPLY DAIRY FOOD

MEAT & 70% PLANT BASED PROTEIN SUPPLY DAIRY FOOD GLOBAL FISH CATCH PEAKED 20 YEARS AGO

CATCH EFFORT (MILLION (GIGAWATTS OF TONS) ENGINE POWER) THE SOLUTION FREE FROM AGRICULTURE. ELECTRICITY: THE NEW PRIMARY ENERGY

CCS

NUCLEAR RENEWABLES CHEAP ELECTRICITY EQUALS RAW MATERIAL

PRICE OF GLOBAL SOLAR PANEL SOLAR PANEL PER WATT INSTALLATIONS SWITCHING TO A CIRCULAR CARBON ECONOMY

TODAY FUTURE

CO 2 CO2

REFINING AND USE REFINING AND USE

FOSSIL CARBON FOSSIL CARBON INTRODUCING SOLEIN® PURE PROTEIN MAGIC. DESIGNED BY NATURE

CARBON DIOXIDE WATER CAPTURE A UNIQUE SINGLE-CELL PROTEIN PRODUCED USING WATER,

CO2 AND ELECTRICITY

FULLY NATURAL FERMENTATION SOLEIN BIOPROCESS PROCESS SIMILAR TO THE PRODUCTION OF YEAST OR LACTIC ACID BACTERIA

INSTEAD OF CAUSING

CO2 EMISSIONS,

SOLEIN BINDS CO2 RENEWABLE PROTEIN FOOD ELECTRICITY

FORTUM PROVIDES SOLAR FOODS 100% RENEWABLE ENERGY DISCOVERED BY SCIENCE. Inspired by NASA and Soviet Union space programmes and further developed by VTT Technical Research Centre of Ltd and the LUT University.

Solar Foods is participating in the ESA Business Incubation Centre Finland by developing a novel food production concept for missions. SOLEIN COMPOSITION

CARBOHYDRATES 10–20%

FAT 4–10%

MINERALS 4–10%

PROTEIN 65–75% AMINO ACID COMPOSITION OF SOLEIN COMPARES WELL WITH KNOWN PROTEIN SOURCES IMPACT ECO-FRIENDLY PLATFORM FOR NEW FOOD DI V E RSIT Y. CREATING A NEW ERA OF FOOD DIVERSITY

12 5

10K 200 75% 60%

SOLEIN CAN USE THE VARIETY OF 1 000 000 000 000 SPECIES NON-EXPLORED BEFORE, DRAMATICALLY INCREASING THE DIVERSITY OF OUR FOOD CHOICES. WATERFOOTPRINT

LITRES PER 1 KG PROTEIN

SOLEIN USES 100 TIMES LESS WATER THAN PLANT PRODUCTION AND UP TO 500 TIMES LESS THAN THE PRODUCTION O F B E E F.

BEEF PLANTS SOLEIN UP TO 100 000 LITRES 20 000 LITRES 200 LITRES LAND USE EFFICIENCY

ANNUAL YIELD KG PROTEIN PER HECTARE

LAND USE FOR SOLEIN IS 60 TIMES MORE EFFICIENT THAN FOR PLANTS AND 1 000 TIMES MORE EFFICIENT THAN FOR BEEF PRODUCTION.

BEEF PLANTS SOLEIN 60 KG 1 000 KG 60 000 KG GREENHOUSE GAS EMISSIONS

EMISSIONS

KG CO2-EQ/ KG PROTEIN

SOLEIN POLLUTES FIVE TIMES LESS THAN PLANT PRODUCTION AND 100 TIMES LESS THAN BEEF PRODUCTION.

BEEF PLANTS SOLEIN 45 KG 2 KG 0.4 KG WHEN REPLACING ANIMAL OR PLANT BASED PROTEINS, SOLEIN IS CARBON NEGATIVE.

CO2 EMISSIONS AFFORESTATION 90% (kg CO2/kg protein

USED LANDUSED AREA PLANTS PRODUCTION SOLEIN AFFORESTATION PRODUCTION SOLEIN + AFFORESTATION BENEFIT

2 0.4 -3.9 -3.4

AGRICULTURE 100% SOLEIN 10% CREATING A PLATFORM FOR MULTIPLE USES

NUTRITIOUS PLANT-BASED CULTURED FOOD INGREDIENT MEAT ALTERNATIVES MEAT IDEAL FOR EVERY MEAL, CONSUMER OR DIET MARKET OPPORTUNITY

GLOBAL PROTEIN SUPPLY FOR 9 BILLION PEOPLE

$500 BILLION ANNUAL PROTEIN MARKET

FOOD CARBON FOOTPRINT

2020 2050 OUR ROADMAP

PILOT PROTEIN FACTORY PLAN FIRST SOLAR FOOD 2 000 PROCESS BRAND & PARTNERS FACTORY. 50 MILLION MILLION MEALS 1 KG/D LAUNCH PUBLISHED MEALS PER YEAR PER YEAR

NOVEL FOOD AUTHORISATION WITHIN THE EU

2018 2019 2020 2021 2022 2023

SEED FINANCING CONSUMER PRE A CLOSING GLOBAL REVENUE PRODUCT ROUND A ROUND COMMERCIAL $800–1 200 TESTS FINANCING LAUNCH MILLION BATOFIN

TURRET solarfoods.fi /company/solarfoods /SolarFoodsFi [email protected] @Solar_Foods