Benson Hill Announces Leadership Transition

Benson Hill,a food tech company unlocking the natural genetic diversity of plants announced that Adrienne “Deanie” Elsner has been appointed Interim Chief Executive Officer of the Company. Ms. Elsner succeeds Matt Crisp, who has agreed to resign as Chief Executive Officer, effective immediately. Mr. Crisp will serve as consultant to the Board for 12 months to ensure a smooth transition.

“It is a privilege to take on the role of Interim CEO of Benson Hill”

The Board is initiating a search process for the Company’s next permanent CEO. To assist in the process, the Board will retain an executive search firm to conduct a comprehensive search and will evaluate both internal and external candidates.

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“On behalf of the Board of Directors, I’d like to thank Matt for his contributions to Benson Hill. Since co-founding the Company over a decade ago, Matt has helped establish Benson Hill’s vision and led the Company to where it is today,” said Dan Jacobi, Chairman of the Benson Hill Board of Directors. “The Board continues to focus on operational excellence and maximizing the long-term value of Benson Hill’s technology and products. We are grateful to have an established leader in Deanie step in as interim CEO during this important time. Deanie has significant operating experience and a record of delivering results in complex organizations. We are confident that she is the right person to lead the Company as we identify a permanent leader to take Benson Hill into its next phase.”

Mr. Crisp said, “I co-founded Benson Hill with the goal of bringing necessary innovation and disruption that has been sorely lacking across the agri-food value chain. From attracting the best team in our industry, to developing best-in-class platforms like CropOS and Crop Accelerator, to acquiring key facilities and vertically integrating to achieve our go-to-market strategy, we have established a foundation for growth that is poised to reshape the future of food production. That said, as we focus on the execution required to navigate this operating landscape, the Board and I have agreed that now is the right time to begin transitioning Benson Hill’s leadership.”

Mr. Crisp continued, “I know I am leaving the Company in capable hands, and I intend to work closely with Deanie to ensure a smooth transition for our stakeholders. It has been an honor to work alongside the creative and dedicated Benson Hill team, and I thank them for their commitment to Being Bold and supporting me and the Company for the past eleven years.”

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“It is a privilege to take on the role of Interim CEO of Benson Hill,” said Ms. Elsner. “Benson Hill has grown tremendously since 2012, using its proprietary data and technology, making key investments to build out its unique model and bringing to market innovative products made better from the beginning. I look forward to working with the Board and the Benson Hill team to enable the Company to reach its full potential.”

Separately, Benson Hill today announced in a standalone press release the appointment of Richard Mack as an Independent Director to the Company’s Board of Directors, effective immediately. Mr. Mack brings nearly 30 years of agribusiness leadership experience to the Benson Hill Board.

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