Americold Key Investment Highlights & ESG Initiatives
Highly Diversified Business Model Produces Stable Cash Flows
Diversification helps reduce revenue volatility associated with seasonality and changing commodity trends
Pro Forma Commodity
Pro Forma Global Geographic Diversity (1)
Global Warehouse
U.S. Warehouse
Other
South
Potatoes
Beef
America
Central
24%
Southeast
23%
Dairy
6%
Pork
Asia-Pacific
1%
9%
7%
6%
5%
FY 2022
WAREHOUSE
REVENUE
FY 2022
TOTAL U.S.
81%
8%
Frozen Produce
9%
North
America
WAREHOUSE
REVENUE
Europe
21%
32%
5%
East
West
Fresh Produce
FY 2022
4%
Poultry
14%
WAREHOUSE
4%
Bakery
REVENUE
2%
2%
Seafood
Distributors (3)
Pro Forma Warehouse Type
Beverage
Packaged Foods (2)
17%
19%
Retail (4)
~79% of Revenue from Food Manufacturers
and ~19% from Retailers
Note: December 31, 2022 LTM Revenue and NOI pro forma for acquisitions. Figures may not sum due to rounding
Diversification based on warehouse segment revenues for the twelve months ended December 31, 2022
(1)
(2) Packaged food reflects a broad variety of temperature-controlled meals and foodstuffs
Distributors reflects a broad variety of product types from distribution customers
(3)
(4)
Retail reflects a broad variety of product types from retail customers
Distribution 50%
Production
Advantaged
23%
FY 2022
WAREHOUSE
REVENUE
30%
Distribution
42%
FY 2022
WAREHOUSE
26% Public
Warehouse
CONTRIBUTION
(NOI)
Production
Advantaged
27%
1%
1%
Public
Warehouse
Facility Leased
Facility Leased
americOLO®
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