Americold Realty Trust Announces Closing of Secondary Offering of Common Shares and Exercise of Underwriters’ Option to Purchase Additional Common Shares

Americold Realty Trust (the Company or Americold) (NYSE:COLD) announced today the closing of its underwritten registered public offering by certain selling shareholders (the Selling Shareholders) of 46,483,811 common shares at the public offering price of $27.75 per share (including 6,063,105 common shares sold pursuant to the exercise in full of the underwriters option to purchase additional common shares). The Company will not sell any common shares and will not receive any proceeds from this offering.

BofA Merrill Lynch acted as the lead book-running manager for the offering and Goldman Sachs & Co. LLC also participated as a book-running manager.

The offering was made only by means of a prospectus supplement and prospectus forming part of an effective shelf registration statement previously filed with the Securities and Exchange Commission (the SEC).

A copy of the final prospectus supplement may be obtained free of charge from the SECs web site at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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Forward-Looking Statements

This press release contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements are based on our beliefs, assumptions and expectations of our future financial and operating performance and growth plans, taking into account the information currently available to us. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from the expectations of future results we express or imply in any forward-looking statements, and you should not place undue reliance on such statements.

Words such as anticipates, believes, continues, estimates, expects, goal, objectives, intends, may, opportunity, plans, potential, near-term, long-term, projections, assumptions, projects, guidance, forecasts, outlook, target, trends, should, could, would, will and similar expressions are intended to identify such forward-looking statements. We qualify any forward-looking statements entirely by these cautionary factors. Other risks, uncertainties and factors, including those discussed under the heading Risk Factors in our annual report on Form 10-K for the year ended December 31, 2018, could cause our actual results to differ materially from those projected in any forward-looking statements we make. We assume no obligation to update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

About Americold Realty Trust

Americold is the worlds largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 155 temperature-controlled warehouses, with approximately 918.7 million refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.

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