独家报道：Riverview Acquisition Corp.合并合作伙伴Westrock Coffee报告第一季度合并净销售额为1.864亿美元，同比增长20%

Little Rock, Ark. (June 7, 2022) – Westrock Coffee Holdings, LLC ("Westrock Coffee" or the
"Company") today reported financial results for the first quarter ended March 31, 2022,
affirmed its full year Adjusted EBITDA guidance of $75 million in 2022, and announced the
upsizing of its new credit facility to $350 million.
First Quarter 2022 Highlights:
Consolidated net sales were $186.4 million, an increase of $31.1 million, or 20%,
from the prior year period.
Net loss was $4.7 million compared to a net loss of $6.1 million in the prior year
period, a decrease of 23%.
Adjusted EBITDA was $11.4 million, an increase of $3.1 million, or 37%, from the prior
year period.
In addition, the Company announced it is upsizing the credit facility it will enter in
connection with its previously announced transaction with Riverview Acquisition Corp. from
$300 million to $350 million in response to strong demand from prospective lenders to
participate in the facility.

Finally, the Company announced that its new plant in Malaysia commenced production in
April as planned and is on track to ship its first product in June 2022.
Scott T. Ford, Co-Founder and CEO, stated, "We are pleased with the strong start to the
year, particularly given the numerous factors currently impacting the U.S. consumer,
increased inflation, and the volume impacts of Covid restarts. Our team once again did an
exceptional job of delivering on time and in full for our customers and that continues to open
new opportunities for growth across the numerous industry groups and product types that
we serve."

Quarterly Results
Consolidated net sales for the first quarter of 2022 increased 20% to $186.4 million,
compared to $155.3 million for the first quarter of 2021. Net loss for the first quarter of 2022
was $4.7 million, compared to a net loss of $6.1 million for the first quarter of 2021.
Adjusted EBITDA for the first quarter of 2022 was $11.4 million, representing Adjusted
EBITDA growth of 37% when compared to the prior year first quarter.
Westrock Coffee's Beverage Solutions segment contributed $148.4 million of net sales and
$10.4 million of Adjusted EBITDA for the first quarter of 2022, compared to $127.3 million
and $8.1 million, respectively, for the first quarter of 2021. This represents year-over-year
sales growth of 17%, and year-over-year Adjusted EBITDA growth of 28%. The increase in
first quarter 2022 EBITDA was driven by a favorable customer and product mix, favorable
purchase price variances, and improved operational efficiencies.
Sales in the Company’s Sustainable Sourcing & Traceability (“SS&T”) segment, net of
intersegment revenues, grew to $38.1 million in the first quarter of 2022, compared to $28.1
million in the first quarter of 2021, driven by an approximately 20% increase in volumes and
by higher green coffee prices during the first quarter of 2022 compared to the first quarter

of 2021. Westrock Coffee's SS&T segment contributed $1.0 million and $0.2 million of
Adjusted EBITDA in the first quarter of 2022 and 2021, respectively.

Transaction Update
In connection with the Company's previously announced transaction with Riverview
Acquisition Corp. (NASDAQ:RVAC), Westrock Coffee secured a financing commitment from
Wells Fargo for a $300 million Senior Secured Pro Rata Credit Facility. In response to strong
demand from prospective lenders to participate in the facility, the size of the credit facility
has been increased to a $350 million Senior Secured Pro Rata Credit Facility, which will
include a $175 million term loan and a $175 million revolving loan commitment. Upon
closing, the funds will be used to re-finance the Company’s existing debt and fund its
expansion plans. The transaction remains on track and is expected to close by the end of
the third quarter of 2022. The Company will retain the Westrock Coffee name and be listed
on Nasdaq under the ticker symbol "WEST."
An updated investor presentation that includes the Company’s results for the first quarter of
2022 is available on the Company’s website at here.

Malaysia Facility Update
The Company announced today that its newest production facility in Johor Bahru, Malaysia
commenced production in April 2022, and that the Company is on schedule to ship products
to customers in the Asia Pacific region in June 2022.

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About Westrock Coffee
Westrock Coffee Holdings, LLC is a leading integrated coffee, tea, flavors, extracts, and
ingredients solutions provider in the U.S., providing coffee sourcing, supply chain
management, product development, roasting, packaging, and distribution services to the
retail, food service and restaurant, convenience store and travel center, non-commercial
account, CPG, and hospitality industries around the world. With offices in 10 countries, the
company sources coffee and tea from 35 origin countries.

About Riverview Acquisition Corporation
Riverview Acquisition Corp. is a blank check company formed for the purpose of effecting a
merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. Management is led by Chief Executive
Officer R. Brad Martin, President Charles K. Slatery, and Chief Financial Officer Will
Thompson.

Additional Information and Where to Find It
In connection with the proposed transaction, Westrock Coffee has filed with the Securities
and Exchange Commission ("SEC") a registration statement on Form S-4 that includes a
proxy statement of Riverview and a prospectus of Westrock Coffee, as well as other relevant
documents concerning the proposed transaction. INVESTORS, SECURITY HOLDERS AND
OTHER INTERESTED PERSONS ARE URGED TO READ THE REGISTRATION STATEMENT AND
THE PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION AND ANY OTHER
RELEVANT DOCUMENTS FILED WITH THE UNITED STATES SECURITIES AND EXCHANGE

COMMISSION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS,
BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. The definitive proxy
statement / prospectus will be mailed to stockholders of Riverview as of a record date to be
established for voting on the proposed transaction. Riverview stockholders may obtain a free
copy of the proxy statement/prospectus, as well as other filings containing information about
Westrock Coffee and Riverview, without charge, at the SEC’s website (http://www.sec.gov).
Copies of the proxy statement/prospectus can also be obtained, without charge, by directing
a request to Riverview Acquisition Corp., 510 South Mendenhall Road, Suite 200, Memphis,
TN 38117, (901) 767-5576.

Participants in Solicitation
Riverview and its directors and executive officers may be deemed participants in the
solicitation of proxies from Riverview’s stockholders with respect to the proposed business
combination. A list of the names of those directors and executive officers and a description
of their interests in Riverview is contained in Westrock Coffee's registration statement on
Form S-4, filed on April 25, 2022, with the SEC, which is available free of charge at the SEC’s
website at www.sec.gov.
 
The Company and its directors and executive officers may also be deemed to be participants
in the solicitation of proxies from the stockholders of Riverview in connection with the
proposed business combination. A list of the names of such directors and executive officers
and information regarding their interests in the proposed business combination is included
in the proxy statement/prospectus for the proposed business combination that Westrock
Coffee has filed with the SEC.

No Offer or Solicitation
This communication does not constitute (i) a solicitation of a proxy, consent, or authorization
with respect to any securities or in respect of the business combination or (ii) an offer to sell,
a solicitation of an offer to buy, or a recommendation to purchase, any securities of
Westrock Coffee, Riverview, the combined company or any of their respective affiliates. No
offering of securities shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption
therefrom, nor shall any sale of securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction be affected. No securities commission or securities regulatory
authority in the United States or any other jurisdiction has in any way passed upon the
merits of the business combination or the accuracy or adequacy of this communication.

Forward Looking Statements
Certain statements included in this communication that are not historical facts are forward-
looking statements. Forward-looking statements generally are accompanied by words such
as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect", "should,"
"would," "plan," "predict,” "potential," "seem," "seek," "future," "outlook," and similar
expressions that predict or indicate future events or trends or that are not statements of
historical matters. These forward-looking statements include, but are not limited to, certain
plans, expectations, goals, projections, and statements about the future operating and
financial performance of Westrock Coffee, benefits of the proposed transaction, the plans,
objections, expectations, and intentions of Westrock Coffee and Riverview, the expected
timing of completion of the transaction, and other statements that are not historical facts.
These statements are based on information available to Westrock Coffee and Riverview as of
the date hereof and neither Westrock Coffee nor Riverview is under any duty to update any

of the forward-looking statements after the date of this Presentation to conform these
statements to actual results. These statements are based on various assumptions, whether
or not identified in this communication, and on the current expectations of the respective
management of Westrock Coffee and Riverview as of the date hereof and are not predictions
of actual performance. These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as and should not be relied on by an investor or
others as, a guarantee, an assurance, a prediction, or a definitive statement of fact or
probability. Actual events and circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are beyond the control of
Westrock Coffee and Riverview. These forward-looking statements are subject to a number
of risks and uncertainties, including, but not limited to, changes in domestic and foreign
business, market, financial, political, and legal conditions; the inability of the parties to
successfully or timely consummate the proposed transaction, including the risk that any
regulatory approvals or the SEC’s declaration of the effectiveness of our prospectus/proxy
statement are not obtained, are delayed or are subject to unanticipated conditions that
could adversely affect the combined company or the expected benefits of the proposed
transaction or that the approval of the requisite equity holders of Riverview is not obtained;
failure to realize the anticipated benefits of the proposed transaction; risks relating to the
uncertainty of the projected financial information with respect to Westrock Coffee; risks
related to the rollout of Westrock Coffee's business and the timing of expected business
milestones; the effects of competition on Westrock Coffee's business; the amount of
redemption requests made by Riverview's stockholders; the ability of Riverview or Westrock
Coffee to issue equity or equity-linked securities or obtain debt financing in connection with
the proposed transaction or in the future; and those factors discussed in Riverview's final
prospectus dated August 8, 2021, ,Riverview's annual report on Form 10-K for the year
ended December 31, 2021, Riverview’s quarterly report on Form 10-Q for the three months
ended March 31, 2022, Westrock Coffee’s registration statement on Form S-4 filed on April
25, 2022, in each case, under the heading "Risk Factors", and other documents Riverview or
Westrock Coffee has filed, or will file, with the SEC. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially from the results implied
by these forward-looking statements. There may be additional risks that neither Riverview
nor Westrock Coffee presently know, or that Riverview or Westrock Coffee currently believe
are immaterial, that could also cause actual results to differ from those contained in the
forward-looking statements. In addition, the forward-looking statements reflect Riverview's
and Westrock Coffee's expectations, plans, or forecasts of future events and views as of the
date of this communication. Riverview and Westrock Coffee anticipate that subsequent
events and developments will cause Riverview's and Westrock Coffee's assessments to
change. However, while Riverview and Westrock Coffee may elect to update these forward-
looking statements at some point in the future, Riverview and Westrock Coffee specifically
disclaim any obligation to do so. These forward-looking statements should not be relied
upon as a representation of Riverview's and Westrock Coffee's assessments as of any date
subsequent to the date of this communication. Accordingly, undue reliance should not be
placed upon the forward-looking statements.