AppHarvest SPAC Presentation Deck

Market Opportunity: Safe, Reliable Produce Leafy Greens: #1 Category in Produce The New York Times How California Became Ground Zero for Climate Disasters Sept. 20, 2020 Heat, Smoke and COVID Are Battering the Workers Who Feed America Aug. 25, 2020 Leafy Greens' Product YOY Sales Growth A AppHarvest 7.1% Romaine Bagged Salads Recalled After Hundreds Are Sickened in the Midwest C.D.C. Issues E. Coli Warning on Romaine Lettuce Ahead of Thanksgiving Nov. 22, 2019 Do Not Eat Romaine Lettuce, Health Officials Warn Nov. 20, 2018 2.7% Leaf Lettuce 11.8% Salad Kits Fresh Leafy Greens Market Value: $6.71 Billion Lettuce Segment Dollar Sales Source: IRI Unify, Last 52 Weeks Period Ending June 14th, 2020; Nielsen Last 52 Weeks Period Ending October 31, 2020. Teen Leaf 7.1% Iceberg $1.24B Salad Kits $2.17B Romaine $849M 5.2% Iceberg Other $222M Leaf Lettuce $2.23B 13.1% Spinach 11

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