americOLD Global Market Leadership and Growth Strategy

Long Standing Relationships with Top 25 Customers Scope and scale of network coupled with long-standing relationships position us to grow market share organically and through acquisitions Representative Food Producers / CPG Companies Unilever DANONE WAVE SCHWAN'S COMPANY PERDUE. Lamb Weston General Mills Making Food Smithfield McCain Kraft Heinz Ocean Spray CONAGRA BRANDS+ Nestle JBS Representative Retailers/Distributors coles Walmart Wakefern FOOD CORP.® Woolworths > Kroger BEYOND MEAT T Tyson GROCERYOUTLET bargain market SPROUTS FARMERS MARKET Smart&Final. Top 25 Customers Have been with Americold for an average of 30+ years 13 customers are investment grade (1) 100% utilize multiple facilities 100% utilize technology integration 92% utilize value-add services 88% utilize committed contracts or leases 60% are in fully dedicated sites 48% utilize transportation and consolidation services (1) (2) Represents long-term issuer ratings as of 1Q20 25 largest customers account for approximately 58% (2) of warehouse revenues, with no customer generating more than 8% (2) of revenues Based on LTM warehouse revenues as of March 31, 2020. Figures pro forma for the acquisition of Cloverleaf and Lanier, including 11 months of COLD ownership and 1 months of prior ownership, the acquisition of MHW Group, including 4.5 months of COLD ownership and 7.5 months of prior ownership and the acquisition of Nova Cold Logistics and Newport Cold Storage, including 3 months of COLD ownership and 9 months of prior ownership americOLD 8

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