Also closes Exercise of Underwriters’ Over-Allotment option

ATLANTA - Americold Realty Trust (the “Company” or “Americold”) announced today the closing of its initial public offering of 52,095,000 common shares at a public offering price of $16.00 per share, including the underwriters’ full exercise of their option to purchase 6,795,000 common shares consisting of 4,350,000 common shares from Americold and 2,445,000 common shares from the selling shareholders at the initial public offering price, less the underwriting discount. Americold issued and sold 33,350,000 common shares and the selling shareholders sold 18,745,000 common shares. The shares began trading on the New York Stock Exchange under the ticker symbol “COLD” on January 19, 2018.

BofA Merrill Lynch, J.P. Morgan and RBC Capital Markets acted as the joint book-running managers for the offering. Rabo Securities, Baird, Citizens Capital Markets, Raymond James, SunTrust Robinson Humphrey, BB&T Capital Markets and BTIG acted as the co-managers for the offering.

A registration statement relating to these common shares was declared effective by the Securities and Exchange Commission on January 18, 2018.

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 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.