Capital raise by private placement

12 June 2023

WasteCo undertaking capital raise by private placement

WasteCo proposes to undertake a placement of new ordinary shares in the company to
selected New Zealand wholesale investors (Placement). WasteCo has today requested that
NZX place the company in trading halt while the Placement is conducted.

Northington Partners has been engaged by WasteCo to assist with the Placement.

Shares under the Placement will be priced at $0.065. The Placement is not underwritten.

Placement shares will be issued under an existing shareholder approval granted on 5
December 2022 (in connection with the Company's reverse listing transaction) pursuant to
Listing Rule 4.2.1.

The funds raised from the Placement will assist WasteCo to fund both existing growth and
acquisition opportunities as they arise.

WasteCo also intends to announce a share purchase plan (SPP) to give existing investors the
opportunity to also participate in funding the further growth of the company.

About WasteCo

WasteCo is a leading South Island waste solution company, processing and diverting liquid
and solid waste from landfill. It provides comprehensive solutions for household, commercial,
industrial and local authority customers.

WasteCo is New Zealand’s only diamond certified Toitū Enviromark waste solutions provider
and delivers outcomes that ensure its customers are at the leading edge of the sustainability
frontier.

The company provides waste and sorting options as well as waste remediation, sweeping and
industrial cleaning services – all delivered using leading edge technology and highly trained
customer focussed staff.

The Christchurch-based business was established in 2013.

ENDS

For enquiries:

Shane Edmond
Non-Executive Chair
WasteCo Group Limited
Mobile: 021 995 519