PRESS RELEASE

JUNE 10, 2021 - CONNECTICUT MODERNIZES BOTTLE BILL

First major update to the bottle deposit in over 40 years.

In support of Bottle Bills in general and as a positive signal of intent for wider changes, Connecticut lawmakers approved Senate Bill 1037, An Act Concerning Solid Waste Management, which includes a comprehensive modernization of the four decades old "Bottle Bill," last week in the Senate and the House with bipartisan support.

The bill increases the handling fee, expansion of beverage containers falling within the system to teas, juices, and sports drinks, and a doubling of the deposit from five-cents to ten cents. Further developments include an obligation of retailers with ten or more locations to install reverse vending machines (RVMs). The increase in the deposit amount, scope, and retail coverage is expected to drive higher redemption rates and RVM adoption, which had somewhat stagnated under the current system.

"Connecticut's new, modern system will include more beverage containers and incentivize redemption, keeping containers out of our environment and back into the recycling stream, where the materials can be used to make new containers and other products," said Mike Wellman, President Container Collection Services.

The bottle bill was introduced in Connecticut in 1978 as a response to growing litter of land and waterways due to on-the-go beverage consumption. The changes are a commitment to renew and revitalize the system that helped the state achieve formerly high recycling and redemption rates.

"Environmental advocates and recycling companies like Envipco have been working hard the past few years to modernize the system to help ensure these products are recycled and not finding their way into our fragile environment," said Bob Lincoln, President and COO.

Envipco continues to play a significant role in recycling and deposit return schemes in the US with products made in the state of Connecticut, where over 160 people are employed.

For further information please contact:

Derk Visser, Group CFO

Envipco Holding N.V.

Telephone: +31 33 2851773

About Envipco Holding N.V. Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-basedholding company listed on Euronext Amsterdam (Symbol: ENVI) and Euronext Growth Oslo (Symbol: ENVIP). Envipco, with operations in several countries around the globe, is a recognized leader in the development and operation of reverse vending machines (RVMs), automated technological systems for the recovery of used beverage containers. Known for its innovative technology and market leadership, Envipco holds several intellectual property rights for RVM systems, including but not limited to beverage refund deposit markings, material type identification, compaction and accounting.

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Envipco Holding NV published this content on 10 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2021 15:47:06 UTC.