Americold Appoints Joseph Reece and Stephen Sleigh to its Board of Directors

Establishes Finance Committee to Support Ongoing Efforts to Enhance Shareholder Value

Enters Into Cooperation Agreement with Ancora

ATLANTA, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (“Americold” or the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced the appointment of Joseph Reece and Stephen Sleigh to its Board of Directors (the “Board”), effective immediately. Americold also announced that its Board has formed a new Finance Committee, which is comprised of existing and new directors, in order to support ongoing efforts to enhance shareholder value. These actions align with leadership’s existing strategic vision and will be supported by the Company’s decision to enter into a cooperation agreement, which will enable private collaboration with sizable shareholder Ancora Group Holdings LLC (together with its affiliates “Ancora”).