{
  "docId": "019de072-7686-71d6-820c-c9ee2f87b68c",
  "docSlug": "c6294c1b7361e91e64b4fa3294e1eea2",
  "documentTitle": "Benson Hill | Investor Day Presentation Deck | 82 slides",
  "authorId": "benson-hill",
  "authorName": "Benson Hill",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 69,
  "pageCount": 82,
  "prevPage": 68,
  "nextPage": 70,
  "slideType": "other",
  "function": "plan_implementation",
  "density": "dense",
  "nDataPoints": 4,
  "notes": "The slide uses a process flow to illustrate capital allocation strategy.",
  "elementsJson": null,
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019de072-7686-71d6-820c-c9ee2f87b68c/69",
  "deckHref": "/decks/019de072-7686-71d6-820c-c9ee2f87b68c",
  "deckJsonHref": "/decks/019de072-7686-71d6-820c-c9ee2f87b68c.json",
  "deckAnchorHref": "/decks/019de072-7686-71d6-820c-c9ee2f87b68c#slide-69",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.96,
        "x": 0.02,
        "y": 0.84
      },
      "kind": "callout",
      "text": "Expect to have sufficient funds to support the business into 2024 with optionality for non-dilutive capital formation",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "514863f1-2c0c-4189-bf32-3b1c2a49b5f3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.8,
        "x": 0.09,
        "y": 0.25
      },
      "kind": "diagram",
      "text": "Flow diagram showing allocation of $264M funds into three buckets: Ingredients Business, Debt Service, and Working Capital.",
      "attrs": null,
      "subkind": "process",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "97e2627f-d95b-4643-b9dd-2fddd2ceb284",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.4,
        "x": 0.53,
        "y": 0.18
      },
      "kind": "list",
      "text": "Disciplined approach to support growth & execution; Target ~5% of revenues; $77 million of long-term debt; Interest only in 2022; Potential access to $20 million; Working capital optimization; Use of cash to manage hedge program",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f143b2e7-1822-4a40-b7de-a9636dfd7bb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.35,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "(1) $183 million in cash plus marketable securities as of 12/31/21 plus $81 million in net proceeds from PIPE",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "54c41f97-a57a-4b79-ba2e-4faf8e1415d9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.06,
        "y": 0.11
      },
      "kind": "title",
      "text": "Capital Allocation Priorities",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4f563e13-1f25-4eb4-9054-56b042af5a3a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "c2d6b46b-f9f6-4dd9-9192-5cf495affd30",
      "evidence": "chart/waterfall-bridge: Cumulative value over time showing incremental and franchise value",
      "confidence": 0.8
    }
  ],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "8b7b0d7f-70c5-48f9-b3ff-08a22450bcb2",
      "evidence": "The slide explicitly outlines how capital is being allocated across business priorities.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 70,
      "from": 57,
      "beatId": "32166199-0b95-4eaf-b1e0-e0f55e1befd4",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The deck provides details on Benson Hill's growth strategy, financial outlook, and ESG commitments, demonstrating its potential for long-term sustainable shareholder value.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}