Accelerating Clean Innovation

1. © 2015 BioAmber Inc. All Rights Reserved. June 26, 2016 :: 1
Accelerating Clean Innovation
Presentation to the North American Climate
Policy Forum – June 22-23, 2016

2. Forward-Looking Statements. This presentation contains express or implied forward-looking statements, which are based on current expectations of management.
These statements relate to, among other things, our expectations regarding management’s plans, objectives, and strategies. All statements other than statements of
historical fact could be deemed forward-looking, including, but not limited to, any projections of financial information; any statements about historical results that may
suggest trends for our business and results of operations; any statements of the plans, strategies and objectives of management for future operations, including the
timing, funding and construction of planned manufacturing facilities; any statements of expectation or belief regarding future events, potential markets or applications,
the sizes of addressable markets, expected technology developments, strategic partnerships and collaborations, or enforceability of our intellectual property rights;
any statements about the projected or expected economic or other benefits of our products compared to petroleum-derived equivalents, future sales and any
statements of assumptions underlying any of the foregoing.
Forward-looking statements are subject to a number of risks, assumptions and uncertainties, many of which involve factors or circumstances that are beyond our
control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to,
risks detailed in periodic reports filed with the Securities and Exchange Commission (SEC), as well as other documents that may be filed by us from time to time with
the SEC. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking
statements: the expected funding sources of our future manufacturing facilities and the expected timing of the construction and the start of commercial operations of
of these facilities; our joint venture with Mitsui & Co. Ltd; our offtake agreements with Vinmar International Ltd, related to bio-based 1, 4 BDO and bio-succinic acid,
and with PTTMCC Biochem for bio-succinic acid; the expected applications of our products and the sizes of addressable markets; our ability to gain market
acceptance for bio-succinic acid, its derivatives and other building block chemicals; the benefits of our yeast; our ability to ramp up commercial sales and execute on
our commercial expansion plan, including the timing, volume and margins of our future production and sales; the expected cost-competitiveness and relative
performance attributes of our bio-succinic acid and the products derived from it; our ability to cost-effectively produce and commercialize bio-succinic acid, 1,4-BDO
and THF; customer qualification, approval and acceptance of our products; our ability to maintain and advance strategic partnerships and collaborations and the
expected benefits and accessible markets related to those partnerships and collaborations; the impact of our off-take agreements on our business with our
customers, our distributors and our current and future equity partners; our ability to economically obtain feedstock and other inputs; the achievement of advances in
our technology platform; our ability to obtain and maintain intellectual property protection for our products and processes and not infringe on others' rights;
government regulatory and industry certification approvals for our facilities and products; government policymaking and incentives relating to bio-chemicals; and the
other factors listed in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 and Form 10-Q for the quarter ending September 30, 2015.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the events and circumstances
reflected in the forward-looking statements will be achieved or occur and the timing of events and circumstances and actual results could differ materially from those
projected in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only
as of the date made, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future
events or otherwise. Before you invest, you should read the documents the issuer has filed with the SEC for more complete information about the Company. You
may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Trademarks. Our trademarks may not be copied, imitated or used, in whole or in part, without our prior written permission. Other trademarks, registered trademarks
or logos, company names or logos displayed in this presentation are the property of their owners.
© 2015 BioAmber Inc. All Rights Reserved. 2
SAFE HARBOR STATEMENT

3. © 2015 BioAmber Inc. All Rights Reserved. 3
FAVORABLE TRENDS & TIMING
A FUNDAMENTAL SHIFT is occurring in the chemical industry:
• Switching to more sustainable products and processes
• Driving growth of renewable building block materials
BioAmber is ready to capitalize on this shift TODAY:
• We make renewable building block materials
• Our first commercial manufacturing facility is operational
• Our bio-based building blocks can drop into existing supply chains
CLEAN/GREEN CHEMISTRY SHOULD BE STANDARD PRACTICE

4. © 2015 BioAmber Inc. All Rights Reserved. 4
OUR TECHNOLOGY – THE EXACT SAME CHEMICALS
We use sugars to produce exactly the same building blocks as petrochemicals
Our Sugar-Based
Biotechnology
Conventional
Oil-Based Process
Corn Cane / Beets Biomass Pumping
crude
Deep sea Oil sands
Sugar NaphthaBuilding Block Materials
Our advantage: technology that delivers disruptive cost

5. © 2015 BioAmber Inc. All Rights Reserved. 5
BIOTECHNOLOGY OPERATING AT COMMERCIAL SCALE
Fermentation
Sugar
Purification
Succinic Acid
(SA)
Strong IP Portfolio
Innovative Yeast
Proven at Commercial
Scale
ISO Certified
A demonstration
plant is the only
reliable way to scale;
the jump in scale
should not be greater
than 10 times the
capacity of the unit
Scaling is critical

6. © 2015 BioAmber Inc. All Rights Reserved. 6
INVESTMENT HIGHLIGHTS
INNOVATIVE biotechnology is a game changer:
• Cost structure is disruptive to the petrochemical industry
• Manufacturing has low green house gas emissions
• Business model does not rely on market subsidies
FIRST MOVER advantage:
• World’s largest succinic acid manufacturing facility – Sarnia, Ontario
• Track record of delivering on important milestones
Poised for RAPID GROWTH:
• Plant output committed to customers under contract
• Expected to generate attractive margins

7. © 2015 BioAmber Inc. All Rights Reserved. 7
SA IS A BUILDING BLOCK WITH MANY USES
Bio-based
Succinic
Acid (SA)
Paints &
Coatings
Plastics Adhesives
Personal Care Plasticizers Polyurethanes
Lubricants Food &
Flavors
Artificial
Leather
Green Chemistry has a
place in almost every
industry. Benefits include
reductions in:
• GHGs
• Endocrine disruptors
• Carcinogens
• Skin irritants
• Wildlife and aquatic
toxins

8. © 2015 BioAmber Inc. All Rights Reserved. 8
7.1
-0.2
-2
0
2
4
6
8
Petrochemical SA BioAmber SA
CarbonIntensity(kgCO2e/kgSA)
Green House
Gas Emissions
100%
REDUCTION
Field-to-Gate Energy and Greenhouse Gas Emissions Associated with Succinic Acid Produced At BioAmber’s Facility In Sarnia Ontario, Canada
97.7
34.7
-20
0
20
40
60
80
100
120
Petrochemical SA BioAmber SA
EnergyUse(MJ/kgSA)
Energy Consumption
64%
REDUCTION
BIOAMBER: A SIGNIFICANTLY MORE SUSTAINABLE FOOTPRINT

9. © 2015 BioAmber Inc. All Rights Reserved. 9
GREEN CHEMISTRY DRIVERS

10. © 2015 BioAmber Inc. All Rights Reserved. 10
SA DROPS INTO EXISTING SUPPLY CHAINS
Petrochemical
Building Blocks
Formulated
Materials
Final Product
Manufacturing
Brand Owners
EXISTING SUPPLY CHAIN
Formulated
Materials
Final Product
Manufacturing
BIOAMBER SOLUTION
BioAmber
Succinic Acid
90% of all manufactured goods are linked to the global chemistry industry
Brand Owners
Cost competitive and better performance – no charge for green

11. © 2015 BioAmber Inc. All Rights Reserved. 11
PROJECTED GROWTH OF GLOBAL SA MARKET
51,000 MT
Succinic Acid (SA) Market
Market Size
(2011)
659,408 MT
Projected*
2020 Market
35%
Projected*
CAGR 2012-20
* Projections are the average of the high end
of the range reported by six studies published
since 2012: Roland Berger, Weastra, Grand
View, Allied Research, HIS, Global Industry
Textiles
Polyurethane
Synthetic Leather
Bio-Plastics
Food & Flavors
Lubricants
Personal Care
Examples of Customers

12. © 2015 BioAmber Inc. All Rights Reserved. 12
OUR NEXT PLANT WILL PRODUCE ADDITIONAL BUILDING BLOCKS
EXPECTED
PLANT OUTPUT
60,000 MT SA
70,000 MT BDO
24,000 MT THF
Plant #2 Will Be Located in North America - $500M Investment
(expected 2019)
Succinic Acid ProductionSuccinic Acid Production BDO & THF ProductionBDO & THF ProductionSugarSugar
Bio-based
1,4-Butanediol
(BDO)*
$4.0
Billion
market
Bio-based
Tetrahydrofuran
(THF)*
$2.0
Billion
market
* Market sizes are estimates based on 10
year average prices
BDO market
projected to grow at
6.5% CAGR between
2012 and 2025
Sources: Technon Orbichem 2014,
ChembizR 2015, IHS 2014

13. © 2015 BioAmber Inc. All Rights Reserved. 13
OUR NEXT PLANT – INDUSTRIAL BIOTECHNOLOGY
+ TRADITIONAL CHEMISTRY
Proven Conversion Technology
Hydrogenation
Distillation
BDO & THF
Strong IP Portfolio
Turn-key License
Performance
Guarantees
14 plants built
worldwide
Succinic Acid
Proven Fermentation Technology
Two Proven Technologies - World’s first commercial biobased BDO/THF plant
Sugar
Fermentation
SA replaces maleic
anhydride
(petroleum based)
Purification
Succinic Acid
(SA)
Strong IP Portfolio
Innovative Yeast
Proven at
Commercial Scale
ISO Certified

14. © 2015 BioAmber Inc. All Rights Reserved. 14
TODAY’S PBS SUPPLY CHAIN
100% biobased
succinic acid
glucose
from corn
60% biobased
PBS
30,000 MT SA 20,000 MT PBS
Supply Offtake Contract
biobased
modified PBS
PBS manufacturer
Polybutylene succinate (PBS) - a polyester developed for its biodegradability,
physical and mechanical properties, thermal and chemical resistance and ease
of processing. Purported to be totally biodegradable under normal conditions.
PBS approximates common thermoplastics like polypropylene in its performance
and therefore presents tremendous possibilities.
Wet-mill

15. © 2015 BioAmber Inc. All Rights Reserved. 15
SA + BDO = PBS – BIOBASED PBS SUPPLY CHAIN IN 2019?
100% biobased
SA & BDO
glucose from
2nd Gen.
100% biobased
PBS
100,000 MT SA
70,000 MT BDO
20,000 MT PBS
Offtake Offtake Contract
biobased
modified PBS
Contract
Auto Parts
27,000 MT
PBS Manufacturer Compounder
Green chemistry incorporates every element of business, from product design to
feedstock selection through manufacturing to finished products, engaging
customers throughout the supply chain

16. © 2015 BioAmber Inc. All Rights Reserved. 16
POLICY THAT WORKED –WHAT MORE IS NEEDED?
What Worked What is Needed
• $51M for Sarnia in low interest
loans and grant - SJIF, FedDev,
Agri-Innovation, SDTC
• SDTC technology due diligence
key to EDC acceptance
• EDC-led consortium project
financing including Farm Credit
Corp.
• BDC working capital
• Community partners – City of
Sarnia-Lambton, Lambton College,
OFA, industry-savvy local MP
• Foresight of government sector
policy
• Cluster developers – Bioindustrial
Innovation Canada
• Reasonable cost capital for
commercial scale projects, e.g., US
DOE REEP loan and loan
guarantees to commercial scale
projects – spread the risk across a
portfolio
• SDTC should broaden its mandate;
downplay fuels (low value add); loan
guarantees for commercial projects
• Address lag time for incorporation of
a new substance – presently 10 yrs
for the auto industry
• Connect partners across the supply
chain
• Green bonds for commercialization
of clean technologies
• Faster turn-around time for new
product approvals

17. www.bio-amber.com
Contact info
© 2015 BioAmber Inc. All Rights Reserved. 17
1250 Rene Levesque Blvd West, Suite 4310
Montreal (Quebec) Canada H3B 4W8
w: 613-402-3667
anne.waddell@bio-amber.com
BioAmber Inc.
Anne Waddell, VP, Government Affairs