Where Food Comes From (WFCF) Investor Presentation summary

Business overview and mission

• Provides verification and certification services for food producers, brands, and consumers, supporting claims on live animals and packaged products.

• Operates four verification and certification divisions with 26 years of experience and over 15,000 farms enrolled.

• Audits to 54 different standards and has received multiple industry awards for quality assurance.

• Mission centers on creating opportunities through transparency and inspiring a more sustainable food model.

Market drivers and growth strategy

• Benefits from consumer demand for transparency and food safety, as well as interest in food origin and production methods.

• Verification and traceability are seen as key differentiators, driving premiums for products.

• Growth supported by new technologies (RFID, GPS, drones) and regulatory programs like USDA's ADT.

• Key export markets require verification, further supporting demand.

M&A and service expansion

• Growth driven by acquisitions, expanding into grain, dairy, beef, pork, poultry, seafood, and specialty crops.

• Recent acquisitions include Blue Trace, Smart Catch, and Upcycled Certified in 2023, enhancing seafood traceability and sustainability offerings.

• Offers a broad range of certifications, including organic, gluten-free, non-GMO, animal welfare, and sustainability.