AgroFresh Results Presentation Deck
Disclaimers
In addition to historical information, this presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this presentation that address activities, events or developments that the Company
expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as "anticipate", "believe", "expect", "estimate",
"plan", "outlook", and "project" and other similar expressions (or the negative versions of such words or expressions).
Forward-looking statements include, without limitation, information concerning the Company's possible or assumed future results of operations, including all statements regarding
financial guidance, anticipated future growth, business strategies, competitive position, industry environment, potential new products and other growth opportunities and the effects of
regulation. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking
statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's management's control that
could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the risk of increased competition and
the ability of the business to grow and manage growth profitably, risks associated with acquisitions and investments, changes in applicable laws or regulations, conditions in the global
economy, including the effects of the coronavirus outbreak, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors.
Additional risks and uncertainties are identified and discussed in the Company's filings with the SEC, including the Annual Report on Form 10-K filed on March 9, 2022, and its
Quarterly Reports on Form 10-Q for subsequent periods, which are available at the SEC's website at www.sec.gov. Any forward-looking statement made in this presentation is based
only on information currently available to the Company and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-
looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
This presentation contains certain non-GAAP financial measures, including EBITDA, Adjusted EBITDA and net sales on a constant currency basis. The Company believes these non-
GAAP financial measures provide meaningful supplemental information as they are used by the Company's management to evaluate the Company's performance, including for
incentive bonuses and bank covenant reporting. Management believes that these measures enhance a reader's understanding of the operating and financial performance of the
Company and facilitate a better comparison between fiscal periods. EBITDA excludes income taxes, interest expense and depreciation and amortization, whereas Adjusted EBITDA
further excludes items that are non-cash, infrequent, or non-recurring, such as share-based compensation, severance, litigation and M&A related costs, to provide further meaningful
information to evaluate the Company's performance. The Company does not intend for the non-GAAP financial measures contained in this presentation to be a substitute for any
GAAP financial information. Readers of this presentation should use these non-GAAP financial measures only in conjunction with the comparable GAAP financial measures.
Reconciliations of the non-GAAP financial measures EBITDA and Adjusted EBITDA, as well as constant currency net sales, to their most comparable GAAP measures are provided in
the appendix of this presentation.
TMTrademark of AgroFresh
2
AgroFreshView entire presentation