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Investor Presentation

November 2021

Safe Harbor

Forward looking statements

These slides (and the accompanying oral discussion) contain "forward-looking statements" within the meaning of the federal securities laws. Statements that are not historical facts, including statements about the beliefs and expectations of US Ecology, Inc. (the "Company," "US Ecology," "we" or "us), are forward looking statements. Forward looking statements include statements preceded by, followed by or that include the words "may," "could," "would," "should," "believe," "expect," "anticipate," "plan," "estimate," "target," "project," "intend" and similar expressions. These statements include, among others, statements regarding our financial and operating results, strategic objectives and means to achieve those objectives, the amount and timing of capital expenditures, repurchases of its stock under approved stock repurchase plans, the amount and timing of interest expense, the likelihood of our success in expanding our business, financing plans, budgets, working capital needs and sources of liquidity.

Forward looking statements are only predictions and are not guarantees of performance. These statements are based on management's beliefs and assumptions, which in turn are based on currently available information. Important assumptions include, among others, those regarding demand for the Company's services, expansion of service offerings geographically or through new or expanded service lines, the timing and cost of planned capital expenditures, competitive conditions, and general economic conditions. These assumptions could prove inaccurate. Forward looking statements also involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond our ability to control or predict. Such factors include developments related to the COVID-19 pandemic, fluctuations in commodity markets related to our business, the loss or failure to renew significant contracts, competition in our markets, adverse economic conditions, our compliance with applicable laws and regulations, potential liability in connection with providing oil spill response services and waste disposal services, the effect of existing or future laws and regulations related to greenhouse gases and climate change, the effect of our failure to comply with U.S. or foreign anti-bribery laws, the effect of compliance with laws and regulations, an accident at one of our facilities, incidents arising out of the handling of dangerous substances, our failure to maintain an acceptable safety record, our ability to perform under required contracts, limitations on our available cash flow as a result of our indebtedness, liabilities arising from our participation in multi-employer pension plans, the effect of changes in the method of determining the London Interbank Offered Rate or the replacement thereto, risks associated with our international operations, the impact of changes to U.S. tariff and import and export regulations, a change in our classification as an Oil Spill Removal Organization, cyber security threats, unanticipated changes in tax rules and regulations, loss of key personnel, a deterioration in our labor relations or labor disputes, our reliance on contractors to provide emergency response services, our access to insurance, surety bonds and other financial assurances, our litigation risk not covered by insurance, the replacement of non-recurring event projects, our ability to permit and contract for timely construction of new or expanded disposal space, renewals of our operating permits or lease agreements with regulatory bodies, our access to cost-effective transportation services, lawsuits, our implementation of new technologies, fluctuations in foreign currency markets and foreign affairs, our integration of acquired businesses, our ability to pay dividends or repurchase stock, anti-takeover regulations, stock market volatility, the failure of the warrants to be in the money or their expiration worthless and risks related to our compliance with maritime regulations (including the Jones Act).

Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on our forward-looking statements. Although we believe that the expectations reflected in forward looking statements are reasonable, we cannot guarantee future results or performance.

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Introduction

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US Ecology, Inc.

Ticker: ECOL - Nasdaq GS

US Ecology: A Compelling Investment Opportunity

Highly Strategic Assets and Broad Geographic Reach

Valuable Waste Infrastructure Anchors Vertically Integrated Business Model

Highly Regulated Industry that Requires Specialized Expertise

Highly Recurring Revenue Provides Resiliency Through Cycles

Broad Set of Blue-Chip Customers from a Wide Range of Industries

Strong Cash Flow and Opportunities to Reinvest to Drive Growth

Experienced Management Team with Strong Track Record

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US Ecology Overview

Leading North American environmental services company

Highly regulated industry with high barriers to entry

Full-service waste solutions provider managing hazardous, radioactive and other specialty waste

Vertically integrated business model encompassing waste solutions and complementary field services

Facility service network addresses every major

2020 Statistics:

3B pounds of specialty waste managed at our facilities

34 permitted waste facilities supported by 88 service centers in North America

Over 12.8K emergency and spill responses

industrial zone

Trusted environmental solutions to meet customers' environmental, regulatory and sustainability needs

Strong growth through organic initiatives, market position and acquisitions

Over 50K customer locations managing logistics and compliance for waste

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