AeroFarms SPAC Presentation Deck slide image

AeroFarms SPAC Presentation Deck

AeroFarms Innovation Drives Improvements Across the Farm YIELD IMPROVEMENT Over the last 12 months, AeroFarms has seen a 23% increase in yield COST LIGHTING EFFICIENCY AeroFarms' LED efficiency has increased 59% over the last five years AEROFARMS® IMPROVED GENETICS Improving plant genetics by isolating variables and continually testing assumptions AeroFarms economics are competitive, selling at parity today and headed lower for future potential product offerings QUALITY Tight control of light, water, nutrients, oxygen, CO₂ and temperature results in high-quality, flavorful plants GROW CYCLE AeroFarms has improved the grow cycle for baby leafy greens from 20 to 14 days¹ LIGHTING COST AEROFARMS COST TIME ¹ Harvest Yield increase calculated from January 2020 to December 2020 at the Rome Street Farm (current commercial facility), normalized to the production capacity of the Model 5, 48-grow tower farm design 21
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