Annual US & EU Dairy Farmer ROI at Expected 10% for 1000 Cows 9.2M dairy cows & 95M beef cows in US alone Low startup risk - SG&A, R&D nearly paid for Introductory gross margin on 500 units = $194 / 63.6% Margin improves with US- Per FCM EU-Per FCM US- 1000 Cows EU- 1000 Cows Average Annual Lactation 24000 18500 24000000 18500000 10% increase 2400 1850 2400000 1850000 Hundred Weights 24 18.5 24000 18500 Hundred Weight Prices $18.82 $26 $18.82 $26 Per Use Milk Value $452 $481 $451,680 $481,000 Value of 17 Uses Per Year $7,679 $8,177 $451,680 $481,000 Annualized FCM Cost $665 $665 $39,560 $39,560 Dairy Farmer ROI in Dollars $7,014 $7,512 $412,120 $441,440 Dairy Farmer ROI Multiple 10.5 11.3 10.4 11.2