Organic Prices (CAD) $25.00 $23.00 $21.00 $19.00 $17.00 $15.00 - PowerPoint PPT Presentation

Organic Prices (CAD) $25.00 $23.00 $21.00 $19.00 $17.00 $15.00 $13.00 $11.00 $9.00 $7.00 $5.00 $3.00 $1.00 $(1.00) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Conventional Vs. Organic Chart Title Wheat Barley When Imports Make sense Oats Corn 450% 400% 350% 300% 250% 200% 150% 100% 50% 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PROPRIETARY & CONFIDENTIAL 2

Canadian Feed Price Drivers. $20.00 $18.00 $16.00 $14.00 CAD / BU $12.00 $10.00 $8.00 $6.00 $4.00 $2.00 $- Prices USD/Short Ton

Canadian Feed Price Drivers. $20.00 $18.00 $16.00 $14.00 CAD / BU $12.00 Del Saskatoon $10.00 $8.00 $6.00 $4.00 $2.00 $- Prices USD/Short Ton

Canadian Prairie Growth Data Credited to COTA Crop Producers Acres (Thousands) 25% 2000 29% 2500 Growth Growth 2000 1500 1500 1000 1000 500 500 0 2014 2015 2016 2017 2018 0 (Sam's 2014 2015 2016 2017 2018 Est) (Sam's est) Acres (Thousands) Crop Producers CONFIDENTIAL 5

Organic Oat Market Growth Growth Percentage 25 20 15 10 5 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 -5 -10 Growth Percentage CONFIDENTIAL

Market Info • We will be able to carry some 2018 crop in this year. • Organic supply in Canada is very healthy right now for most crops. • We are not expecting a very good US crop based on the late plant and wet May. Today we expect to lose 25% of the our major food positions position (US Oats and Corn) and likely to grow from there. • We will be able to replace US crop out of Canada (Oats). • Parts of Canada are dry but over all Canada is well ahead of the upper Midwest (US) on planting and plant development and there is no major concerns out there for our organic crop right now unless we continue to see dry weather patterns. (which could happen).