Our Product & Current Customers • eBolus measures pH, Temperature and Redox • Reliable, stable, long life, premium product • Research customer base eCow Team: Professor Toby Mottram Executive Director Seonaid Nimmo MSc Product Design Engineer David Smith PhD CEng Non Executive Chairman Sam Mottram CEng Commercial Director Potential customers Farmers • Looking for ways to improve margins through: – – – – Reduced feed costs Reduced vet bills Premium milk contracts Technology Need data Vets • Looking for ways to diversify: – – – No margin in pharmaceuticals Farms demanding consultancy Supermarkets desire vet approved farms Need data Opportunity Vet advises and farmer purchases boluses Raw data collected by farmer Data published to vet dashboard Data uploads to eCow server Competitors eCow eBolus eCow bioBolus Kahne smaxtec Well cow 180 120 25 50 90 Smallest size Life in days Reconditioning Low drift No change to feed regime of cow Multiple sensors Investment required eCow is seeking £200k of additional funding to: Expand production capability Develop farm product and software Build commercial and marketing capability and grow sales • Exit in 5 years • Sale to existing feed, dairy nutrition or veterinary products company • e.g. Cargill, LeSaffre, AB Vista, etc P&L - Years 1-5 9,500 8,500 7,500 6,500 5,500 4,500 3,500 2,500 1,500 500 (500) Year 1 Year 2 Year 3 Year 4 Year 5 Sales 200 1,024 3,882 5,808 9,339 Cost of Sales 77 510 2,007 2,897 4,605 Operating Expenses 252 379 531 620 646 Net Profit (130) 135 1,344 2,290 4,089 • 000’s • September to September financial year • Currency: GBP Summary • Investment of £200,000 • EIS qualified investment • Protected IP • Existing sales, repeat customers & technical knowledge • Vision and a plan to execute and reach the farm market • Exit in 5 years • Return 7-10 x investment in 5 years web: www.ecow.co.uk mail: sam@ecow.co.uk call: 07887 988345