AppHarvest Makes Initial Donation of 2,500 Pounds of Tomatoes To God’s Pantry Food Bank

Company designated portion of the first harvest of fresh, sustainably grown tomatoes to feed Kentuckians in need

JANUARY 22, 2021 — MOREHEAD, KY — AgTech leader AppHarvest today announced it has delivered 2,500 pounds of Beefsteak tomatoes from its first harvest this week to God's Pantry Food Bank, which will distribute them to those in need.

Through its 400-plus distribution partners, God’s Pantry Food Bank provides food to residents of 50 Kentucky counties, focused on Eastern and Central Kentucky. The organization, which operates a distribution center in Morehead — the home of AppHarvest’s 60-acre indoor farm — distributed nearly 14 million pounds of fresh fruits and veggies and more than 41 million pounds of food overall during its most recent fiscal year.

“The faith and grit of Eastern Kentuckians has built one of the world’s largest high-tech greenhouses, and we appreciate the opportunity to share what we’re growing with those in need as we all work to create a resilient food system,” said AppHarvest Founder & CEO Jonathan Webb in delivering the donated tomatoes on Friday. “We’re working to create America’s AgTech capital here in Appalachia to provide affordable, nutritious, and delicious fruits and veggies that will help reduce hunger and food deserts.”

“God’s Pantry Food Bank is thrilled to engage with AppHarvest to nourish more lives through sustainable agriculture,” said CEO Michael Halligan. “There are more than 250,000 kids, adults, and seniors across Central and Eastern Kentucky who are not sure when they might have their next meal. Imagine the impact of now having a sandwich with a fresh, Kentucky-grown slice of tomato on the top.”

The donation is one of many steps AppHarvest is taking to address America’s food crisis. In Kentucky alone, 20 percent of children and nearly 15 percent of adults experience food insecurity.1 Nationally, the U.S. Centers for Disease Control and Prevention has found only one in 10 adults eat enough fruits and veggies.2

By building closer to consumers, AppHarvest provides fresher fruits and vegetables at affordable prices. The company is also focused on helping students grow their own food through its high-tech educational container farm program. Started in 2018 prior to the company’s operations commencing at its indoor farm in Morehead, the program retrofits shipping containers with high-tech farming equipment to teach students to grow healthy leafy greens. The program started at Shelby Valley High School in Pike County and has since expanded to Rowan and Breathitt counties, with additional units planned. AppHarvest also recently partnered with Save the Children to provide more than 1,600 leafy green growing kits to Kentucky kids in need.

1 Feeding America
2 U.S. Centers for Disease Control and Prevention

“AppHarvest was founded as a benefit corporation and has also been certified as a B Corp by the independent non-profit B Lab, because we believe companies should be in the business of doing good,” said Amy Samples, AppHarvest’s Director of Community Outreach and People Programs. “We’re building America’s AgTech capital from within Appalachia and know that education is core to achieving that.”

Shipments from AppHarvest’s first harvest this week are now available at select national retailers such as Kroger, Publix, Walmart, Food City, and Meijer. The company’s Morehead facility alone is expected to produce about 45 million pounds of tomatoes annually from about 720,000 tomato plants, a mix of Beefsteak and “Tomatoes on the Vine.”

AppHarvest has two more facilities under construction—a similar 60-plus acre facility outside Richmond, Ky., and a 15-acre facility to grow leafy greens in Berea, Ky. AppHarvest also is planning for more facilities across Kentucky and Central Appalachia, with the goal of 12 total farms by the end of 2025.

About AppHarvest

AppHarvest is an applied technology company building some of the world’s largest indoor farms in Appalachia. The Company combines conventional agricultural techniques with cutting-edge technology and is addressing key issues including improving access for all to nutritious food, farming more sustainably, building a home-grown food supply, and increasing investment in Appalachia. The Company’s 60-acre Morehead, KY facility is among the largest indoor farms in the U.S. For more information, visit https://www.appharvest.com/.

Forward-Looking Statements

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding Novus Capital’s proposed acquisition of AppHarvest, Novus Capital’s ability to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s growth plans and strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in Novus Capital’s registration statement on Form S-4, filed with the SEC on October 9, 2020 (the “Registration Statement”), under the heading “Risk Factors,” and other documents Novus Capital has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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