Burcon NutraScience : Corporate Presentation – February 2024

Safe Harbour Statement

GENERAL

Burcon NutraScience Corporation ("Burcon" or, the "Company") is making this presentation available to selected persons on the terms and conditions set forth below. Any unauthorized use of the presentation is strictly prohibited. Additional information with respect to Burcon can be found on www.sedar.com.

CONTENT OF PRESENTATION

The information provided in this presentation is not intended to provide specific investment, financial, tax, legal or accounting advice to you. Neither this presentation, nor any of its contents, shall constitute an offer to sell or a solicitation of an offer to buy any Common Shares or other securities of Burcon in Canada or in any other jurisdiction. An offer to purchase and sales of Common Shares may only be made through duly registered brokers and investment dealers pursuant to and in accordance with a Preliminary Prospectus and the final prospectus to be filed with applicable securities regulatory authorities. While the information herein is collected and compiled with care, neither Burcon NutraScience Corporation nor any of its affiliated companies and their respective directors, officers, employees or agents represents, warrants or guarantees the accuracy or the completeness of the information. The information is presented solely for educational purposes, and is not to be considered as investment, financial, tax, legal or accounting advice.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This presentation contains "forward looking statements" which reflect the current expectations of management of the Company regarding the Company's future growth, results of operations, performance, business prospects and opportunities. Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "aim", "endeavour", "seek", "predict", "potential" and similar expressions have been used to identify these forward looking statements. These statements reflect management's current beliefs with respect to future events and are based on information currently available to management of the Company. Forward looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward looking statements. Prospective investors are cautioned not to place undue reliance on forward looking statements.

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Burcon 2.0 Strategic Imperatives

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Market Growth & Food Ecosystem Present Opportunities

Burcon Market Opportunity

1. Allied Market Research: Soy Protein Isolate Market by Application (Food, Beverages, Medicine, Others), by Form (Organic, Conventional), by End User (Commercial, Residential): Global Opportunity Analysis and Industry Forecast, 2021-2031

2. MarketsandMarkets: Pea Protein Market by Type (Isolate, Concentrate, and Textured), Form (Dry and Wet), Source (Yellow Split Pea, Lentils and ChickPea), Application, and Region (North America, Europe, APAC, South America and ROW) - Global Forecast to 2027

3. Fact.MR: Plant Protein Ingredients Market by Product Type (Soy Protein, Wheat Protein, Pea Protein, Rice Protein), By Form (Isolates, Concentrates & Others), By Application (Sports Nutrition, Clinical Nutrition, Infant Nutrition) & By Region - Global Market Insights 2023 to 2033

4. Reports and Data: Canola Protein Market By Product (Protein Isolates, Protein Concentrates, Others), By Type (Powder, Paste), By End-Use Verticals (Food and Beverages, Nutraceuticals and Feed Grade, Personal Care, Pharmaceuticals, Others), Forecasts To 2027

5. Internal estimated market sizes based on data from USDA, third-party reports, and internal estimates, inclusive of current and future product opportunities.

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Capital Light Business Model

Capacity

Build

Soy Protein

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Hempseed Protein Roadmap

Capital-light / Partner Model

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