AgroFresh Results Presentation Deck slide image

AgroFresh Results Presentation Deck

Gross Profit Focused on Driving Gross Profit Dollar Growth 2Q22 Gross profit increased $1.7 million or +11.4% versus the prior year period Gross margin 63.9% Strong post-harvest margins supported by Direct selling and service model Asset-light operating model Leveraging R&D investment to innovate products with an attractive margin profile ā— 1H22 Gross profit increased $0.9 million or +2.1% versus the prior year period Gross margin 67.7% ā— Operating Expenses db ross Resource Reallocation to Support Growth Continued focus on expense discipline and thoughtful resource allocation - steering organization toward growth and revenue generating activities Research & Development 1H22 decreased $0.9 million versus the prior year period 2Q22 decreased $0.6 million versus the prior year period Lower R&D costs due primarily to the timing of projects Selling, General and Administrative 1H22 decreased 3.5% versus the prior year period 2Q22 increased 5.1% versus the prior year period Fluctuations in SG&A expenses due primarily by the timing of expenses 13 AgroFresh
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