AgroFresh SPAC Presentation Deck
Patent Expiries Not Expected To Have Meaningful Impact
Approximately 24% of AgroFresh's sales are under no or limited patent protection. Margins in regions with no or limited
patent protection are consistent with margins in patent protected regions.
Major Countries By Sales
Average Gross Margin
With Patent
Without
Patent
17
Country
United States
Italy
France
Brazil
Australia
Spain
New Zealand
Canada
Netherlands
Germany
Belgium
Chile
South Africa
Turkey
Argentina
Encapsulation
Patent Expiry
2018
2019
2019
2021
2019
2019
2019
2019
2019
2019
2019
1 1 1 1
Gross Margins In Countries With and Without Patents In-Line
With Patent
Sales by Patent Category
Without Patent
24%
With Patent
76%
Note: With patent category includes countries with both molecule and encapsulation patents and just encapsulation patents. Gross Margin and Sales represent SmartFreshTM averages from 2012 - 2014.
Without Patent
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