SEGMENT DYNAMICS. Longer voyages Longer shelf life Flexibility Increased margin demands. Quality differentiation New products New segments

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2 SEGMENT DYNAMICS Quality differentiation New products New segments Longer voyages Longer shelf life Flexibility Increased margin demands 1

3 CUSTOMER NEEDS Unique Controlled Atmosphere Solution QUALITY Control oxygen Control carbon dioxide Control relative humidity Remove ethylene FLEXIBILITY Install with new and existing equipment Fully modular Provision availability SIMPLICITY Proven technology Robust container application Novel and patented approach 2

4 CA / MA Benefits by Commodity COMMODITIES BENEFITS Avocado, mango, melon, nectarine, papaya, peach, plum Delay ripening and avoid chilling temperatures Blackberry, blueberry, cherry, fig, grape, strawberry, raspberry Control of decay Asparagus, broccoli, fresh herbs, lettuce, sweet corn Delay undesirable compositional changes (tissue brown discoloration) 3

5 CA / MA EFFECTS Bartlett Pears Example 6 -1 C in air 6 -1 C in 2% O % N 2 Source: UC Davis 4

6 XTENDFRESH Unique Controlled Atmosphere Solution CO 2 Scrubber Contains activated carbon that manages CO 2 and ethylene at optimal levels Exclusive design CO 2 Scrubber Blower Solenoid-Actuated Fresh Air Draws air into the scrubber to regenerate the activated carbon Allows for automated fresh air ventilation upon demand 5

7 XTENDFRESH How Does it Work? CO 2 adsorption scrubbing process Activated carbon bed Adsorb Exhaust to Cargo Desorb Exhaust to Outside Desorb or Regenerate Adsorb CO 2 Cargo Air high CO 2 Two beds, simultaneous operation Constantly switching flows Fresh Air Intake (Desorb) Cargo Atmosphere Intake (Adsorb) 6

8 XTENDFRESH How Does it Work? Ethylene (C 2 H 4 ) removal Ethylene hormone regulates ripening Presence of trace amounts (ppb) triggers ripening in many fruits CONTROL ETHYLENE TREATMENT C 2 H 4 TREATED H H After 7 days at 20 C H C C H XtendFRESH prevents premature ripening by Removing ethylene as needed Maintaining control of atmosphere (CO 2 /O 2 ) Source: UC Davis Post Harvest Technology Center Only XtendFRESH has this capability in a integral system 7

9 XTENDFRESH Benefits Longer shelf life Longer voyages Slower ripening Maintain optimum quality Source: UC Davis and former Davis Fresh Technologies, LLC. 8

10 XTENDFRESH Advantage OTHERS Multiple CO 2 /O 2 control points simultaneously Ethylene removal Humidity Control 1 Modular No membrane to replace Performance reliability 1 Optional humidity sensor 9

11 XTENDFRESH Results 10

12 AVOCADO SHIPMENT CO 2 Setpoint = 6% O 2 Setpoint = 4% Source: Carrier internal testing 11

13 XTENDFRESH Extensive Lab Testing Ethylene Scrubbing Source: CRT Lab Testing Data 12

14 AVOCADO SHIPMENTS Independent Assessment 31-day shipment Excellent condition Good color Retained firmness 13

15 RIPENING TESTS Five Days Later Avocados at room temperature (23 C) for five days Ripe and ready to eat Avocado in cooled environment for five days Still firm 14

16 BANANA SHIPMENTS Independent Assessment 30-day shipment vs. standard Excellent condition Less weight loss Good color 15

17 XTENDFRESH Summary Unique controlled atmosphere solution CO 2 / O 2 / humidity management Ethylene removal Patented technology Flexible / modular Serviceable Field tested / proven Available on new and existing units 16

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