AppHarvest SPAC Presentation Deck
Benefit Corp Overview
AppHarvest will be among the
first public benefit corporations
What is a public benefit corporation?
A for-profit corporation with modified fiduciary duty standard
Higher standards of purpose, accountability and transparency
Duty to consider the best interests of all stakeholders - stockholders,
employees, communities, customers and suppliers, and the company's specific
public benefit as outlined in the company's charter
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Purpose
Committed to creating public
benefit and sustainable value
in addition to maximizing
stockholder value
Transparency
Requirements include
reporting progress in
achieving social impact goals
A AppHarvest
A
ENTE
PLIFIAN
Accountability
Considerate of impact on
society and environment
Notable Public B Corps
LAUREATE
INTERNATIONAL
UNIVERSITIES
EST. 2003
Vital
FARMS
A
AppHary
M
silverchef
A LE
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