AppHarvest SPAC Presentation Deck

Significant Distribution Advantage Shorter delivery distance means vegetables that are fresher and more nutritious Hours to drive to: New York City: 44 Washington, DC: 42 Atlanta: 35 Chicago: 32 Houston: 27 ♡ A AppHarvest 70% of the U.S. population is within a day's drive of Kentucky Hours to drive to: New York City: 39 Washington, DC: 37 Atlanta: 28 Chicago: 29 Houston: 18.5 Hours to drive to: New York City: 45 Washington, DC: 42 Atlanta: 32 Chicago: 37 Houston: 22 (a) Source: Company websites and press releases. A Hours to drive to: New York City: 10 Washington, DC: 7.5 Atlanta: 7 Chicago: 6.5 Houston: 16.5 Major Distribution & Logistics Players in Kentucky(a) ups UPS' Louisville Worldport is the largest fully automated package-handling facility in the world In September 2019, UPS announced plans to begin a $750M expansion in Louisville, KY, which will likely result in 1,000 new jobs over the next decade amazon Since 1999, Amazon has invested more than $8.0B in Kentucky having created more than 12,500 full-time jobs Announced plan to create 2,000 new jobs via a new 3 million sq. ft. air hub at Cincinnati Northern Kentucky International Airport DHL DHL's global hub at Cincinnati/Northern Kentucky International Airport ("CVG") handles -90% of DHL shipments entering the U.S. In August 2020, DHL announced its intentions to add over 650 jobs at CVG FedEx Currently operates multiple distribution and freight operations across the state including a 500-employee ground package distribution center in Northern Kentucky Announced the hiring of 700 people at its ground warehouse in July 2020 14

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