americOLD Global Market Leadership and Growth Strategy

Acquisition of Newport-St. Paul Cold Storage The acquisition of Newport Cold Storage strengthens Americold's presence in the St. Paul - Minneapolis region Transaction Overview ■ In January 2020, COLD announced the acquisition of Newport-St. Paul Cold Storage for ~$57mm - Site offers three acres of adjoining land available for expansion Strategically located on Highway 494 in St. Paul, Minnesota – facility is located ~5 miles from COLD's St. Paul Facility and ~7 miles from COLD's Eagan facility on the banks of the Mississippi River Expands relationship with existing customers and provides access to new high-quality customers ■ Potential synergies to be achieved through COLD's commercialization platform and the Americold Operating System Facility at a Glance Location St. Paul, MN MN Newport Cold Storage St. Paul, Minnesota Cubic Feet ~6.1mm cubic feet Newport Cold Storage Existing COLD Warehouse Facilities Pallet Positions ~26K pallet positions 19 americOLD.

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