Gores Holdings VIII — SPAC Merger (June 2022)
16 slides from Gores Holdings VIII's SPAC merger presentation, Jun 28, 2022
Slide 1: Sustainable AND Profitable: The New Normal
Sustainable AND Profitable: The New Normal Kate King, CSO Jeff Bassett, CRO Footprint June 2022 1
Slide 2: Disclaimer: Forward-looking Statements
Disclaimer Forward-looking Statements Certain statements in this communication (“Communication”) may be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of the federal securities laws with respect to the proposed busine
Slide 3: Disclaimer (continued)
Disclaimer (continued) Industry and Market Data The information contained herein may include information provided by third parties. Any estimates or projections contained herein involve elements of subjective judgment and analysis that may or may not prove to be accurate. Neither Gores nor Footprint
Slide 4: How We Got Here: Discovering Plastic In Our Food
How We Got Here Discovering Plastic In Our Food TROY SWOPE, CEO YOKE CHUNG, CTO Plastic Contamination Confidential © 2022 Footprint 4 Healthy Planet, Healthy People
Slide 5: The Plastic Disaster Is making the planet and people sicker
The Plastic Disaster Is making the planet and people sicker Lower Testosterone & Plastics Are In Our Body Babies are Born Polluted Sperm Counts Top 5 CO2 & Green House Gas A Leading Cause of Ocean Emitter Pollution Confidential © 2022 Footprint 5 Healthy Planet, Healthy People
Slide 6: The Plastic Disaster Is impacting companies' economics, products and brand equity
The Plastic Disaster Is impacting companies’ economics, products and brand equity 2022 Key Messages 1. Competition 2. Legislation and Regulation 3. Customer Sentiment • According to proprietary consumer research • Customer and prospect margins are impacted • Legislation and regulation to reduce or w
Slide 7: The Plastic Disaster is a Massive Business Opportunity
The Plastic Disaster is a Massive Business Opportunity $315B annual market opportunity with Fortune 100 companies as the primary users (a) Plastic sub-segment Estimated TAM Top users Rigid plastics $150B+ Beverage & bottles $50B+ Films and pouches migrating to rigid plastics Flexible plastic packagi
Slide 8: Footprint Aims to be the most Environmentally Impactful Company on the Planet
Footprint Aims to be the most Environmentally Impactful Company on the Planet To become the most Create innovative environmentally technologies and impactful company solutions that on the planet protect the planet and its people 1 3 Purpose Mission 2 4 We Exist to Create a Current Mission: Healthier
Slide 9: We Exist to Create a Healthier Planet
We Exist to Create a Healthier Planet Our goals begins with eliminating single use plastic, then to innovating the entire ecosystem 2 1 3 4 We aim to Eliminate We aim to get We aim to Enhance We aim to Innovate all Single Use Plastics Out of Food our Sustainable Everything Plastics Attributes • Adva
Slide 10: Developing the Ecosystem Creating Shelf Life With Nature Based Materials
Developing the Ecosystem Creating Shelf Life With Nature Based Materials 3000 patent claims pending domestically and abroad* Customer Driven Innovation Fiber Blending Forming Secondary Coating Operations Technologies *As of March 31, 2022 Confidential © 2022 Footprint 10 Healthy Planet, Healthy Peop
Slide 11: Footprint Products help Customers reach Sustainability Targets
Footprint Products help Customers reach Sustainability Targets Plant Based Technology That Provides Product and Price Performance Competitive to Plastic • Hot Fill • Automated filling process • Alternative to PET and APET meat trays • Flash Freeze • Film sealable • Superior strength vs. plastic tray
Slide 12: Premier consumer brands have chosen Footprint as innovation partner
Premier consumer brands have chosen Footprint as innovation partner Replacing legacy materials Serving the largest and most significant food, beverage and consumer products companies globally Dairy Shelf Stable Cup Meat Trays QSR Frozen Produce CPG #1 in Category #1 in Category #1 in Category #1 in
Slide 13: Rapidly growing pipeline of long-term take-or-pay contracts
Rapidly growing pipeline of long-term take-or-pay contracts Our current customers are demanding more product and new ways to partner $2.3B potential annual revenue in product qualification $1.7B potential annual revenue in development ($1.1B with existing customers) $924M Revenue Under Contract by Y
Slide 14: Execution is the key to deliver strong revenue and EBITDA growth
Execution is the key to deliver strong revenue and EBITDA growth Financial Plan at SPAC Transaction – August ‘21 (a) Revenue ($M) Gross profit ($M) % margin $462 $1,448 $287 $997 $500 $89 ($9) ($41) $135 $50 2021E 2022E 2023E 2024E 2025E 2021E 2022E 2023E 2024E 2025E NM NM 18% 29% 32% EBITDA ($M) Ca
Slide 15: Summary risk factors
Summary risk factors These Risk Factors are being provided to certain sophisticated institutional investors for potential investment in Gores Holdings VIII, Inc. (“Gores Holdings VIII”) as part of a proposed business combination between Footprint or an affiliate thereof (“Footprint”) and Gores Holdi
Slide 16: Summary risk factors (continued)
Summary risk factors (continued) • Footprint relies in part on trade secrets to protect its technology. Footprint’s failure to obtain or maintain trade secret protection could limit its ability to compete. • Footprint faces various risks related to the ongoing coronavirus (COVID-19) pandemic and sim