AppHarvest SPAC Presentation Deck

Potential Value Creation in "Certified B Corp" Today, globally there are 3,580+ Certified B Corps, but only 11 publicly-traded Certified B Corps, of which only 3 are in the U.S. (Laureate Education, Lemonade, Vital Farms)(a) 1 Distinct Competitive 02 Potential increased access to capital. 01 Potential enhanced brand equity. AppHarvest joins other high-profile, highly respected leading companies that are B Corps (e.g. Patagonia) 90th Percentile for brand performance for 75% of B Corps(b) A AppHarvest a) b) Advantage: 03 Attracting and keeping talent. Can also attract impact investment capital and sustainability- linked forms of credit We believe our B Corp status may help us attract and retain employees who want work with meaning 04 Potential increased attractiveness to retail investors. We may create an attractive investment opportunity for the same conscious consumers that have fueled organics, fair trade, and "buy local" movements 3x Faster sales growth than non- B Corps in consumer category(b) 37% "Purpose-Oriented" employees in a global LinkedIn survey(c) Bcorporation.net Circle Up/Helio, "The Business Case for Caring-A Helio Analysis of Certified B Corps c) LinkedIn 2016 global survey of 26,000 respondents, "Purpose at Work," found 37% defined as purpose-oriented employees d) Quoted in Yale Center for Business and the Environment, Just Good Business: An Investor's Guide to B Corps "The B Corp movement is, to me, a product of a general improvement in our understanding of economic behavior. Through greater appreciation of the real motives that drive and excite people, B Corporations provide a significant new opportunity for investors. I think they could make more profits than any other types of companies, and this guide helps investors understand why."(d) Robert Shiller Sterling Professor of Economics, Yale University, and Nobel Laureate (d) 32

View entire presentation