Market Overview

Americold Positions Leadership Team for Key Growth Opportunities

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Americold Realty Trust (NYSE:COLD), the world's largest owner and
operator of temperature-controlled warehouses, has enhanced its
leadership team with two important executive appointments.

Carlos Rodriguez has joined Americold as Executive Vice President and
Chief Operating Officer. Mr. Rodriguez will lead and integrate
Americold's global operations and various support functions to better
position the organization for growth in the future. Mr. Rodriguez brings
a wealth of distribution and supply chain experience to the company. In
his former role as Senior Vice President, Distribution and Global
Transportation Services, for Big Lots Stores, he was responsible for
North American Retail Distribution centers and a global transportation
network supporting 1,425 retail stores representing $5.5B in sales. In
addition, as Vice President of Supply Chain Operations for Office Depot,
Mr. Rodriguez designed and opened a new Greenfield Distribution Center
in the Northeast, consolidating four facilities into one, and
introducing innovative process and new robotics technology.

In addition, David Stuver has been promoted to Executive Vice President,
Business Development and Supply Chain Solutions. In his previous role as
Senior Vice President, Distribution Support, Mr. Stuver developed new
business opportunities across various industries through creative and
compelling proposals that enhance the value of customer supply chains.
In his new role, he will oversee the design, build and launch of
innovative solutions to help customers tackle their most pressing supply
chain issues.

"I welcome these accomplished leaders to their new roles at Americold.
Our leadership team is well-positioned to expand our customer base,
integrate our operations, and implement leading-edge solutions that
create opportunities for growth for our customers and our company,"
stated Fred Boehler, President and Chief Executive Officer of Americold
Realty Trust.

About Americold Realty Trust

Americold is the world's largest owner and operator of
temperature-controlled warehouses. Based in Atlanta, Georgia, Americold
owns and operates 156 temperature-controlled warehouses, with
approximately 924 million refrigerated cubic feet of storage, in the
United States, Australia, New Zealand, Canada, and Argentina.
Americold's facilities are an integral component of the supply chain
connecting food producers, processors, distributors and retailers to
consumers. Americold serves approximately 2,400 customers and employs
approximately 11,500 associates worldwide.

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