TOMRA appointed as one of the two reverse vending technology suppliers to MOL Group for the upcoming deposit return system in Hungary

11 Nov 2022 11:47 CET

TOMRA has today signed the letter of intent from MOL Group appointing TOMRA as
one of the two technology providers for the country's upcoming deposit return
system (DRS) for beverage container recycling, set to launch on 1 January 2024.

TOMRA will provide reverse vending machines for the return of PET bottles, glass
bottles and cans across Hungary. MOL Group will be the central system
administrator for Hungary's future DRS. TOMRA will supply between 1,440 and
1,900 high-volume systems, amounting to between 2,000 and 2,500 reverse vending
machines for medium and large collection points such as supermarkets and
hypermarkets in urban settings.

"It is a pleasure to be appointed by MOL Group to such an integral role in the
upcoming deposit return system, and work together to help the country take bold
steps toward circularity," said Tove Andersen, President & CEO of TOMRA. "TOMRA
has a strong and competent European organization with solid local experience in
delivering attractive and reliable return solutions, which have been embraced by
consumers and contribute to high container return rates."

About TOMRA Collection:

TOMRA Collection provides reverse vending machines for Clean Loop Recycling, to
transform society's habits and keep valuable resources in a continuous loop of
use and reuse. The company's solutions collect aluminum, plastic, and glass
beverage containers to be continually reused and recycled back into new bottles
and cans. TOMRA has established a local entity in Hungary, bringing 50 years of
experience with deposit return systems, with more than 80,000 installations
across more than 60 markets, collecting more than 45 billion used bottles and
cans each year. This reduces reliance on raw materials, and ensures fewer
containers end up in our streets, oceans, and landfills. TOMRA's reverse vending
machines, digital solutions and service make recycling easy for the industry,
system owners, retailers, and consumers to contribute to a more sustainable
planet. TOMRA has worked in roles across every part of the DRS value chain,
including material pick-up, PET processing and data management.



About MOL Group:

MOL Group is an international, integrated oil, gas, petrochemicals, and consumer
retail company, headquartered in Budapest, Hungary. It is active in over 30
countries with a dynamic international workforce of 25,000 people and a track
record of more than 100 years. MOL is committed to transform its traditional
fossil-fuel-based operations into a low-carbon, sustainable business model and
aspires to become net carbon neutral by 2050 while shaping the low-carbon
circular economy in Central-and Eastern Europe. MOL also wants to play a key
role in shaping the low-carbon circular economy with investments in new
businesses such as waste integration and utilization, recycling, carbon capture,
utilization, and storage (CCUS), advanced biofuels and potentially hydrogen
-related opportunities. In the next five years, MOL will spend USD 1bn on new,
low-carbon and sustainable projects to become a key player in CEE in the
circular economy.

As a milestone of this transformation last year MOL was announced as a winner
for the Hungarian state concession tender covering municipal waste management
services. The concession agreement covers a period of 35 years with a
commencement date of July 1, 2023. As part of the concession, MOL has to set-up
and operate from 1 January 2024 the deposit refund system, as well.



TOMRA Systems ASA

Asker, 11 November 2022



For further inquiries, please contact:

Eva Sagemo, CFO +47 934 39 911

Georgiana Radulescu, VP Head of IR +47 941 01 643



**This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (EU) No 596/2014 and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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