Kill Pests, Naturally. Karn Manhas, CEO T 604-639-9600 x1 E karn@terramera.com 1 Our BIG Idea Founded in 2009 at the University of British Columbia (UBC) with a mission to change the way the world does pest control by focusing on one big idea: Develop plant-based biopesticides that are more effective than conventional chemical pesticides 2 The Global Problem 3 Terramera Biopesticide Platform Technology Problem Solution Conventional chemical pesticides Toxicity, Resistance Natural biochemicals: Non-Toxic MOA, Low possibility of resistance Natural biochemical alternatives Unstable, inconsistent & short acting Stabilize & effective penetration “Bug” physiology and delivery Insects self-protect with thick cuticles, difficult to penetrate. Technology that penetrates Patents pending: Initial Patent Office Reviews positive 4 Initial Target : Bed Bug Problem Egg Bed Bug 5 Growing Epidemic US EPA and CDC declared: “public health threat” US: $1.8 Billion spent in 2012 Rampant growth: doubling annually Current products: No good options Pesticide Resistance Toxic Don’t kill completely None kill eggs Our Bed Bug Solution A BETTER SOLUTION… Generally Regarded As Safe (GRAS) National Organics Program (NOP) …THAT WORKS 100% Max Kill Rate Works on pesticide-resistant bed bugs Works as a residual (direct contact not required) Only product that kills eggs without contact 6 US Government Fast Tracks Terramera USDA: “in the public interest” US EPA: Fast-tracked Approvals Full approvals: 2012 State Approvals California: Fast-tracked, approved 2012 Registered in 50 States + D.C. 7 8 TERRAMERA SLAUGHTERS MARKET LEADER 3RD PARTY CLINICAL DATA: RESIDUAL EFFICACY 100.0 Mean Percent Mortality (%) 90.0 KILLS 100% of adults & nymphs 80.0 70.0 60.0 Untreated Control 50.0 TER-RTU 40.0 Suspend SC (R) 30.0 Suspend® - leading pyrethroid pesticide 20.0 Control 10.0 0.0 0 1 4 8 12 24 72 Hour After Dosing Data source: Independent lab (regulatory study) 2011 …AND ONLY____________ KILLS AND PREVENTS EGG HATCH US BED BUG MARKET 10 11 Go-to-Market Strategy Commercial Pest Management Products Direct Sales Wholesale Distribution Channel Partners Sales/Licensing Consumer Products (Q3 2013) Web-based Launch Viral Effect Exploring In discussion with 3 major commercial brands In discussion with 3 major retail brands 12 Market Traction Commercial 2012 Pilot 200 Pest Control Professionals trained 3312 exterminations Represent 0.1% of US market in 2012 4 US distributors signed 60% of distribution market Consumer Approached by two largest consumer products companies Marketplace Endorsements 13 “We've never seen so much excitement about a new product.” - Sylvia Kenmuir, Target Specialty Products (Terramera Distributor) 14 Marketplace Endorsements “CIRKIL has proven…it will eliminate 100% of the bed bug population in a home…[it works] like nothing we’ve ever used before.” - Tim Guererro, General Manager, Pro Pacific Pest Control, San Diego, CA www.ProPacificPest.com Milestones 15 The Pesticide Market 16 The Team: Management Seasoned senior team, most with at least 15years domainrelevant experience CEO: Karn Manhas (BSc, JD) 15 yrs leadership experience in government, project management, business, and community development Developed the core patent & technology for CIRKIL CFO: Tracy Seward (CGA) 15 yrs leadership experience in senior financial roles. Lead financing at 3 startups raising over $25M COO: Bal Sandhu (BEng, PEng) 35+ yrs global in manufacturing and plant operations Built $1B plant from ground up CSO: Annett Rozek (PhD) Over 15 yrs experience in scientific design, R&D and laboratory operations management CLO: Adam Menzies (LLB) Over 5+ yrs experience in business startups, I.P. law, (patents, trademarks, copyright) and litigation VP Sales: Dave Buzzelli (BSc, MSc) 30+ yrs pest control and executive management Lead North American Pesticides Division for DuPont Senior sales roles with BASF, Residex, AgrEvo, and Bayer 17 The Terramera OPPORTUNITY Billion Dollar Potential Proprietary TECHNOLOGY platform Effective Plant Based Biopesticides potential to revolutionize $50B Market Innovative PRODUCT solves GLOBAL problems with natural, renewable source solution Proven Effective Unique Solution for Bed Bug Problem Fast-tracked and US approvals in place 18 Kill Bugs, Naturally. Karn Manhas, CEO T 604-639-9600 x1 E karn@terramera.com Tracy Seward, CFO T 604-639-9600 E tracy@terramera.com