AgroFresh SPAC Presentation Deck slide image

AgroFresh SPAC Presentation Deck

SmartFreshTM: Low Cost Relative to Value Created • Studies show that SmartFresh TM creates substantial economic value for its customers • The following example demonstrates a 6x return on investment ("ROI") for the customer with the application of SmartFresh, assuming a wholesale price of $15/ box for both Control and SmartFresh 12 Better quality out of storage Higher packout (quantity) out of storage Lower repacking costs and losses $25,000 $20,000 $15,000 $10,000 $5,000 $0 100 Untreated Control Bins Value of Boxes Sold Packing, repacking and other costs Net Income $25,000 $20,000 $15,000 $10,000 $5,000 $0 100 Bins Treated with SmartFresh ™ TM Value of Boxes Sold Packing, repacking and other costs SmartFresh 6x+ Return on Investment Cost of SmartFresh TM Source: Management. Note: 2008 study on Washington Golden Delicious apples. Golden Delicious lots from three growers were harvested on approximately October 1, 2007. Portions of the lots were treated with SmartFresh™ technology and placed in the same long term controlled atmosphere storage room with untreated bins from the same grower lots. Net Income AgroFresh™
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