Zasso

Technologies for an herbicide-free world.

Sergio de Andrade Coutinho Filho

Benjamin Ergas
Why not a world without herbicides?

12.06.2022 2
 E l e c t r i c w e e d i n g : t h e 2 1 st c e n t u r y r e s p o n s e t o w e e d i n g
Weed management market (2019-2029) (*)
• 90% Agro / 10% Beyond Agro.
• Addressable mkt. for Zasso: ~ $15-20B.
• herbicides.
Drivers:
• Population growth: surging demand in food.
• Increasing biological resistance of weeds
leading to increased use of chemicals / HA.
Efficient and sustainable, electric weeding offers clear advantages over chemical and non-chemical alternatives.
(*) Bekryl Intelligence
12.06.2022 (**) Herbicides represent 30% of pesticides)
• 82% of market still relies on legacy chemical herbicides, under threat:
➢ Last new active substance was found 30 years ago.
➢ High environmental and social costs.
➢ Prohibited in key segments (organic crops).
➢ Increasing societal pressure and regulatory requirements.
➢ EU Green Deal: 50% target reduction of pesticides (**) by 2030.
• Alternatives (e.g., mechanical, thermal) are beginning
to appear but do not address the roots of the problem.
• Limited impact from bio-herbicides: early stage, low
effectiveness, narrow range of application.
Electric weeding: a timely response
• Clear competitive advantages: no toxic residues, no
weed resistance, systemic effect, sustainable, cost competitive.
• Early adopters: organic farmers, segments with existing chemical prohibition.
• Long-term drivers: regulatory pressure, cost-competitiveness of e-weeding.
Zasso Group AG – Confidential 3
 Va l i d a t e d m o d e o f a c t i o n : a c o n t r o l l e d d o s e o f e l e c t r i c i t y t o
eradicate weeds down to the root

One same technology across all devices.

• Application of a controlled dose of
electrical high-voltage energy to eradicate
weeds at the roots.
• The core technology is the power module,
which transforms the low-voltage into
high-voltage and adjusts the parameters
to optimize the operation.
• The solution can be used in a broad
range of mechanical devices, powered by
motors or vehicles, and end-uses.
Positive pole
1. Mechanical power (motor or battery) 6. Flow through root A
The efficiency and safety of the Negative pole
technology has been validated by private 2. Transformed to electrical power 7. Flow through soil R air
and governmental institutes. 3. Voltage transformation with power modules 8. Grounding applicator
B
R root
The solution, certified, is compliant with 4. Electric applicators for different end usage 9. Closing the circuit
all Directives (high-voltage Machine,
Electromagnetic Compatibility) 5. Electric flow through shoot on contact

A safe and efficient technology adaptable across devices to cover all end markets.

Zasso Group AG – Confidential 4

 Zasso: the world’s most advanced and diversified e -weeding company

• Zasso is the world’s leader in electric

weeding technologies.
• Since 2016, Zasso is a Swiss-based
company with R&D and production offices
in Europe (Germany) and LATAM
(Indaiatuba).
• The technology was first developed in
Brazil by Sergio Coutinho.
• Team of 80+ employees, mostly
engineers.
• Shareholders : three private groups from
Brazil, France and Switzerland.
• Entry of CNH Industrial NV, world’s 2nd
largest Agro equipment maker, into the
capital, in 2020.

Zasso has secured the deepest expertise in the electric weeding market, and the greatest market reach.

Zasso Group AG – Confidential 5

Complementary executive team supported by experienced Board
Sergio Coutinho – Founder and CoCEO
• Zasso’s Founder is a Brazilian entrepreneur with
15 years of experience launching successful tech
companies in different markets.
• Knowledge and creativity in ag-tech has
recognized through many national and int’l
business and innovation prizes.
• Ibmec, Insper Instituto de Ensino e Pesquisa
(Brasil).
Benjamin Ergas – CoCEO
• French / American entrepreneur with 20+ years of
leadership experience in Switzerland, the UK, the
US and LATAM.
• Constant focus in areas of green finance, natural
resources and clean tech.
• B.A. Williams College (USA), Morgan Stanley
equity/M&A Tech team (5 years).
Zasso is led by two complementary co-CEOs supported by deep, global, industrial expertise from Board members.
12.06.2022 Zasso Group AG – Confidential
Sylvio de Andre Coutinho Neto
• 40+ years as manager and partner of large timber and crop
plantations in South America.
• Partner of international forestry investment funds.
Jean-Pierre Ergas
• 35+ years as CEO of large companies in Europe and in the US.
Led several LBOs and 2 IPOs on the NYSE.
• MBA, Harvard University.
Michele Lombardi
• CNH Industrial, Member of the Senior Leadership Team; SVP,
Corporate Development; Head of CNH Industrial Ventures.
• MIT Electrical Engineering, INSEAD MBA, Harvard University.
Estevao Avila
• 20+ years of international trading, multimodal logistics and
forestry/Agro industry.
• BA in Economics at Kenyon College (USA) and Executive
Education PEVC at Harvard University.
6
 Operational momentum with tractor-based solutions (CNHi partnership)

Clear commercial momentum of electric

weeding across markets, with strong
market acceptance.

• 09/21 announcement of
over 100 units shipped
(over 1’000 modules).
• Acceleration of development processes
with focus on technological leadership, high
safety and quality standards.
“We are satisfied with the electric machine.
Its speed of advance is important and offers
a very good saving of time. Moreover, its
efficiency is interesting to reduce the
presence of perennials whose roots are
usually difficult to reach in depth with other
weeding methods.”
- Joël Fauvel, Services des Jardins du
Trianon de Versailles

Since 2019, Zasso has doubled every year the number of devices sold to the market.

Zasso Group AG – Confidential 7

 Beyond Agro: a substantial market already off limit for chemicals

(*)

• Zasso has already

developed new innovative
platform solutions, beyond
Agro, to capture further
opportunities for sale of
core technologies (*)
(modules, systems) to
other OEMs

Urban “IZI Pro” “ZAS” “Electra” platform

Description Urban e-weeding World’s first battery World’s first battery Rail-specific electric weeding
solution mounted on powered, portable, powered, small electric solutions to resolve urgent
vehicles (non-tractors). electric weeding weeding device. issues of lack of efficient non-
handheld. chemical alternatives.
Target market Road maintenance, Urban service providers, Urban service providers, Railway operators and
pathways, parks, landscapers, semi- landscapers, semi- maintenance companies.
industrial zones, green professional gardeners. professional gardeners.
space, sports fields.

(*) For illustrative purposes only.

Zasso Group AG – Confidential 8
 Z a s s o : t h e 2 1 st c e n t u r y r e s p o n s e t o w e e d i n g

• Large opportunity $30B+ addressable weeding market across Agro and beyond Agro (urban,
consumer, railway, etc.)
• Electric weeding USPs 100% green; no weed resistance; no toxic residues; root-based.
Cost competitiveness amongst non-chemical alternatives.
Powerful drivers supporting electric weeding: regulatory. environmental,
social, operational, economic.
• Leader in the market Most advanced and diversified electric weeding player.
IP protected ; safety and efficacy confirmed by private and governmental
research institutes.
Technology leadership centered on power modules and control systems.
• Agro/CNHi partnership Minority share by CNH Industrial NV since 2020, world’s 2nd largest Agro
equipment maker.
110+ devices operating, 11 mechanical platforms, in Europe and LATAM.
• “Beyond Agro” Groundbreaking solutions already functional to capture further opportunities.

The world’s leading electric weeding company, best positioned to disrupt the global weeding market.

Zasso Group AG – Confidential 9

Thank you!

Sergio de Andrade Coutinho Filho

sergio.coutinho@zasso.com

Benjamin Ergas
benjamin.ergas@zasso.com
 Zasso Group
XPS solution for wide vineyards and AG
for –orchards.
Confidential
Lateral and front applications.
Tr a c to r -b a se d u r b a n e q u i p m e n t i n th e fi e l d

12.06.2022 XPU solution for urban Zasso Group

weeding AG – Confidential
: pathways, parking, green parks, courtyards. 12
 Zasso Group AG
6/12/2022 Prototype XPA solution, including a 15m mechanical – Confidential
arm, for access to weeding areas further away from vehicle. 13
 Zasso
Prototype XPR solution for Group weeding.
inter-row AG – Confidential
Targeted launch : Q4 2022 / 2023.
World’s first portable handheld electricZasso
weeding solution.
Group AG – Confidential 15
 Zasso Group AG –landscapring
Prototype ZAS solution for semi-professional Confidential market. Targeted launch 2024.