AppHarvest SPAC Presentation Deck

Controlled Indoor Agriculture Is the Future of Farming Future farming practices will be driven by demand for sustainably grown produce in addition to long-term cost savings and improved crop yields realized from controlled environment agriculture Methodology High-Tech Greenhouse Low-Tech Greenhouse Open-Field Growing A AppHarvest Reliability of Supply 95% 70% 50% Production Yield -30x 5-8x 1x MX Environmental Control NKN Land and Water Use ● CO₂ Absorption Chemical Use Labor O O Highest Grade Food Safety C Mid Grade Lowest Grade 13

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