AppHarvest SPAC Presentation Deck

High-Tech Greenhouses: Future of Farming in U.S. Consumer demand for sustainably grown produce positions AppHarvest to win with customers while also benefiting from the use of less water, less fertilizer, and less soil per ton produced Methodology High-Tech Greenhouse Low-Tech Greenhouse Open-Field Growing A AppHarvest Reliability of Supply 95% 70% 50% Production Yield -30x 5-8x 1x Environmental Control NK Land Use Water Use Chemicals Use Labor O оо Highest Grade Mid Grade Food Safety O Lowest Grade

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