AeroFarms SPAC Presentation Deck

Innovating in Lighting for Cost Savings and Greater Efficiency Greater Efficiency Performing at what AeroFarms believes is 5 to 25% more efficient than LEDs from today's largest industry suppliers, resulting in lower operating expenses Adaptable Design lighting to be agnostic of LED die sources AEROFARMS Protected IP Control lighting design and specifications, which are protected with patents, trade secrets and exclusivity deals 222 124 122 FIG. 2 130 132 134 232 Designed for Safety Tested by a third-party safety agency UL g Spe Lower Cost Manage the supply chain to keep costs lower than the market rate Sp1 Sp2 FLIR Optimized Reliability Understand each individual component and build on technology from the US Navy and Defense Advanced Research Projects Agency 34.3 °C °C 39.3 °C Sp1 + Sp2 24

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