AppHarvest SPAC Presentation Deck

Projected Financial and Operating Metrics Active Facilities Year End Vine Crop Leafy Greens 60 60 2021 1 ($41) 2021 A AppHarvest 145 25 120 (a) (b) 2022 ($24) 4 Acreage 265 25 $11 240 2023 6 EBITDA 2023 2022 Note: All $ figures in millions. $61 395 35 2024 360 2024 9 $122 525 45 2025 480 2025 12 $165 Run Rate FCF Before Growth Spend excludes development SG&A and capital expenditure for new facilities. Excludes impact of taxes. $21 2021 ($44) 2021 $62 2022 ($29) Net Revenue 2022 $145 2023 ($5) $258 FCF Before Growth Spend (a) 2023 2024 $27 $387 2024 2025 $81 2025 $460 Run Rate $125 (b) Run Rate 38

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