Robert E. Harris - 14 Mar 2025 Form 4 Insider Report for AMERICOLD REALTY TRUST (COLD)

Footnote F1

Represents Restricted Stock Units ("RSUs") of Americold Realty Trust, Inc., which will vest ratably on March 14, 2026, 2027, and 2028. The RSUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan.

Footnote F2

Each RSU represents the right to acquire one share of Americold Realty Trust, Inc. common stock ("Common Stock"). The right to convert vested RSUs into Common Stock has no expiration date.

Footnote F3

Each performance-based restricted stock unit ("PRSU") represents the right to acquire one share of Common Stock. Vesting of the PRUs was determined based upon a comparison of the Company's total shareholder return ("TSR") on a relative basis to the MSCI U.S. REIT Index at the end of the applicable performance period (Jan. 1, 2025 - Dec. 31, 2027). The RSUs vested at the end of the 3-year period contingent upon the achievement of the pre-established TSR goal as approved by the Company's Compensation Committee. The PRSUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan.

Footnote F4

Each PRSU represents the right to acquire one share of Common Stock. The right to convert vested PRSUs into Common Stock has no expiration date.

Footnote F5

Each PSRU represents the right to acquire one share of Common Stock. Vesting of the PRUs will be determined based on the Company's adjusted funds from operations ("AFFO") during the applicable performance period (Jan 1, 2025 - Dec 31, 2027). The PSRUs will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established AFFO goals. The PSRUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan.