Envipco – Publication of the 2023 Annual Report and Notice of Annual General Meeting

12 Jul 2024 19:31 CEST

Amersfoort, The Netherlands – 12 July 2024 – Envipco, a global provider of
recycling systems and reverse vending machines (RVMs), has today published the
2023 Annual Report and also the notice for the Annual General Meeting of
Shareholders, including the agenda and the accompanying explanatory notes on its
website (www.envipco.com). The Annual Meeting will be held Friday 23 August 2024
10:00 (CET) at the Company’s Amersfoort offices.

Publication 2023 Annual Report
The Company’s audited 2023 financial results as contained in the Annual Report
are in agreement with the Finalized 2023 annual results released on 5 July 2024.

Notice of Annual General Meeting
The meeting agenda has proposed several changes and reappointments to the Board
of Directors as follows:
- Ms. Charlotta Gylche to join the Board as a non-executive member for a one
year term. Ms. Glyche is an experienced professional with a strong background in
business development and management, along with sustainability and board
participations.
- Mr. George Katsaros to join the Board as a non-executive member for a one year
term. Mr. Katsaros has an extensive financial and banking background along
significant board experience.
- Mr. Simon Bolton to be reappointed as an executive member of the Board for a
three year term.
- Mr. Gregory Garvey to be reappointed as a non-executive member of the Board
for a two year term.
- Ms. Anne Jorun Aas to be reappointed as a non-executive member of the Board
for a one year term.

Based on shareholder approval of the proposed Board of Directors changes, the
Board will now be composed of two executive members and six non-executive
members. Mr. Simon Bolton, CEO and Mr. Maurice Bouri as executive members and
Mr. Gregory Garvey, Mr. Erik Thorsen, Ms. Anne Jorun Aas, Ms. Ann Cormack, Ms.
Charlotta Gylche and Mr. George Katsaros as non-executive members. Mr. Gregory
Garvey and Mr. Erik Thorsen are not considered independent.

The agenda includes a proposal to the shareholders to provide the Board of
Directors authority to raise capital and issue up to 20% of the outstanding
shares.

The agenda also includes a proposal to the shareholders to amend the Company’s
Articles of Association, (para 12.6) such that “unless the law or these articles
of association require a greater majority, all resolutions shall be passed by a
simple majority of the votes cast”.

For further information please contact:

Simon Bolton, Group CEO
+31 33 285 1773

Mikael Clement, CSO
+47 9900 8000
envipcoinvestorrelations@envipco.com

About Envipco Holding N.V.

Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding
company listed on Euronext Amsterdam and Euronext Oslo Growth (Symbols:
ENVI/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.

More information:
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623598_Envipco AGM 2024 (23-08-2024) - notice and agenda incl. forms - final.pdf
623598_Envipco AGM 2024 (23-08-2024) - explanatory notes - final.pdf
623598_Envipco_AR2023.pdf