AgroFresh Broadens Its Industry-Leading SmartFresh Quality System by Introducing a Foggable Fungicide Platform, ActiMistTM

Responds to market trend towards thermofogging as means of fungicide delivery

PHILADELPHIA--()--AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce freshness solutions, today announced the launch of ActiMist, a foggable fungicide delivery system, strengthening its’ industry-leading SmartFresh Quality System. Fludioxnil, marketed as ActiMistFDL will be the first in a family of foggable fungicides added to the existing service platform of SmartFresh™ 1-MCP, HarvistaTM for pre-harvest application, and the state-of-the-art AdvanStoreTM monitoring technology, combining to provide our customers with a comprehensive, unsurpassed food preservation solution.

“ActiMist represents a real industry breakthrough,” said Jordi Ferre, Chief Executive Officer of AgroFresh. “AgroFresh has developed a novel delivery system that is changing how fungicides are applied. By developing fogging technology that puts our equipment right into our customers’ storage room, we simplify logistics, improve fogging performance, and facilitate the simultaneous application of both fungicide and SmartFresh™. This saves our customers time and money compared to common fungicide application processes currently in use. ActiMistFDL is available as we head into the North American apple harvest season, significantly strengthening the value of our SmartFresh™ Quality System. ActiMist is the latest example of how AgroFresh is empowering the food industry with a range of integrated solutions designed to help growers, packers and retailers improve produce freshness and quality for the good of our industry, consumers and planet.”

About AgroFresh

AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global industry leader in providing innovative data-driven specialty solutions aimed at enabling growers and packers of fresh produce to preserve and enhance the freshness, quality and value of fresh produce and to maximize the percentage of produce supplied to the market relative to the amount of produce grown. Its flagship product is the SmartFresh™ Quality System, a freshness protection technology proven to maintain firmness, texture and appearance of fruits during storage and transport. SmartFresh is currently commercialized in over 40 countries worldwide. Additionally the company has a number of different solutions and application technologies that have either been launched (Harvista, RipeLock, LandSpring) or will be launched in the future that will extend its footprint to other crops and steps of the global produce supply chain. For more information, please visit www.agrofresh.com.

Forward-Looking Statements

In addition to historical information, this release may contain “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 release 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, the Company’s possible or assumed future results of operations, including all statements regarding anticipated future growth, adoption of the Company’s products, business strategies, competitive position, industry environment, potential 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; the ability of the business to grow and manage growth profitably; changes in applicable laws or regulations, 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, which are available at the SEC’s website at www.sec.gov. 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.

Contacts

AgroFresh Solutions, Inc.
Investor Relations
Katherine Harper
Kharper@AgroFresh.com

Release Summary

AgroFresh Broadens its Industry-leading SmartFresh™ Quality System by introducing a Foggable Fungicide platform, ActiMist™

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Contacts

AgroFresh Solutions, Inc.
Investor Relations
Katherine Harper
Kharper@AgroFresh.com