Americold Realty Trust Provides Update on Response to COVID-19 Pandemic

Press Release from Americold

ATLANTA, March 19, 2020 /PRNewswire/ -- Americold Realty Trust (NYSE: COLD) (the "Company" or "Americold"), the world's largest publicly-traded owner and operator of temperature-controlled warehouses, today provided an update on the Company's actions amid the COVID-19 pandemic.

"During this difficult and uncertain time, as the COVID-19 pandemic continues to evolve, we are proud to be an integral part of the infrastructure that services the global food supply chain," said Fred Boehler, President and CEO of Americold Realty Trust. "Each day, frozen and refrigerated food destined for grocery stores, restaurants and other outlets flows through our global infrastructure. Although what and where the world eats may vary in the wake of the COVID-19 pandemic, Americold continues to execute an efficient and proven strategy to provide consistent, reliable access to temperature-controlled food around the world."

"We are working closely with our customers – leading food producers, retailers and distributors – to move products through the global food supply chain. In particular, we are working to support our many retail customers as they experience unprecedented demand for their products. Our network of over 180 integrated facilities remain operational and open for business, keeping retailers stocked."

"We are proud of and thankful for our 13,000 associates who are working hard during this stressful and uncertain time to ensure that our supply chains are not disrupted. Our associates' health and safety is our utmost priority. Aletter published on March 13 outlined measures taken by the Company to proactively heighten our stringent health and safety protocols. We are continuing to monitor the situation closely and are following protocols established by the Centers of Disease Prevention and Controls (CDC) and U.S. Food and Drug Administration (FDA)."

"Americold takes pride in its 115 years of experience, providing critical infrastructure in getting food from farm to fork, and we will continue to operate as we serve both our customers and our communities," concluded Boehler.

About Americold Realty Trust
Americold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 183 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina, as of February 29th, 2020. Americold's facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.

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