AgroFresh SPAC Presentation Deck
< 12 Penny Cost/ Apple of SmartFreshTM Yields Outsized Benefits
Extended Selling Season:
Benefit of >20x Cost
Avg Wholesale Price Per Apple (1)
$0.35
13 (1)
$0.30
$0.25
$0.20
$0.15
Source:
Note:
Less than ½ penny / apple treatment earlier in the season serves as cheap insurance for packers
• Less than ½ penny / apple treatment later in the season allows packers to capture the value of ~20x
of the cost to treat apples and creates a new season for apples
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Sep
Oct
Nov
Dec
Jan
Assurance
Feb
Mar
Apr
Washington State Average Gala FOB Pricing (2011-2013)
May
Jun
Washington State Clearing House.
Shows monthly wholesale prices of Gala apples in Washington State. Based on wholesale price per box, assuming 40 pound box and 6 ounce / 0.375 pound apples. Cost and Benefit on per apple basis.
Washington State apples.
Jul
Aug
AgroFresh™View entire presentation