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AgroFresh Solutions Announces Amendment to Warrant Purchase Agreement that Provides Additional Financial Flexibility for Share Repurchases and Other Uses of Cash

AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce freshness solutions, announced today an amendment to a warrant purchase agreement that provides additional financial flexibility for share repurchases and other uses of cash. This reflects Dow’s and Avenue Capital’s continued support of the AgroFresh business.

The Company has today filed an 8K with the Securities and Exchange Commission detailing the amendment of its Warrant Purchase Agreement, dated July 31, 2015, with Rohm and Haas Company, Boulevard Acquisition Sponsor, and The Dow Chemical Company.

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 SmartFreshSM Quality System, a freshness protection technology proven to maintain firmness, texture and appearance of fruits during storage and transport. SmartFresh is currently commercialized in 45 countries worldwide. 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, information concerning the Company’s possible or assumed future results of operations (including estimates used to calculate the adjusted financial information presented in this press release), 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 that the Business Combination disrupts current plans and operations; the Company’s ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition and the ability of the combined business to grow and manage growth profitably; costs related to the Business Combination and/or related to operating AgroFresh as a stand-alone public company; 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, including the definitive proxy statement filed on July 16, 2015 with the SEC in connection with the Business Combination and available at the SEC’s website at www.sec.gov.

Contacts:

AgroFresh Solutions, Inc.
Margaret M. Loebl, +1 (215) 592-2820
Executive Vice President and Chief Financial Officer
or
Sloane & Company
Erica Bartsch, +1 (212) 446-1875
ebartsch@sloanepr.com

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