AgroFresh Solutions, Inc. announced that Effective June 1, 2022, Peter Sykes was appointed to the board of directors of the company, replacing Torsten Kraef. Mr. Sykes was elected by The Dow Chemical Company in replacement of Mr. Kraef, and constitutes the director designee that the Holder is entitled to appoint pursuant to the terms of the certificate of designation of the Company's Series A preferred stock. Following his appointment, Mr. Sykes was appointed by the Board as a member of each of the corporate governance and nominating committee and the compensation and talent committee of the Board.

Mr. Sykes is the principal of Church Lane Advisory LLC, a corporate advisory and strategic investing company he founded in October, 2021. In July 2021, Mr. Sykes retired from Dow Inc. (“Dow”) after a 40-year career during which he held various leadership roles. For the first 13 years of his career, Mr. Sykes completed multiple assignments in International Finance and Treasury Management across Europe and Asia.

For the following 16 years, Sykes led several regional and global Dow businesses. His final role at Dow was Vice President of Mergers and Acquisitions, based at the company's Global Headquarters, in Midland, Michigan from 2015 to 2021, during which time Dow completed its merger with DuPont and subsequent spin-off. He is a recipient of the Magnolia Commemorative Award from the Shanghai Government for contribution to foreign relations, and served two terms on the Board of Governors of The American Chamber of Commerce in Shanghai.

He was a member of the Conference Board's Executive M&A Council from 2016 to 2021. Mr. Sykes holds a National Certificate in Business Studies from the Institute of Bankers U.K., a certification in financial post-graduate studies from Stanford University Graduate School of Business and was granted Alumnus of the University of Michigan Business School status following completion of their Executive Program.