Renewi plc

("Renewi" or the "Company")

Annual Report and Accounts 2021, Notice of Annual General Meeting and Timetable for Proposed Share Capital Consolidation

Following the release of its final results for the year ended 31 March 2021 on 27 May 2021, Renewi announces that it has today published its Annual Report and Accounts 2021.

Copies of the Annual Report and Notice of Annual General Meeting are available to view at and will be submitted to the National Storage Mechanism at .

Hard copies of these documents have also been posted to those shareholders who have elected to continue to receive paper communications.

The Renewi 2021 Sustainability Review has also been published on the website at .

Following the publication of the notice of Annual General Meeting, Renewi also announces that its Annual General Meeting will be held at 11am on Thursday 15 July 2021 at its Milton Keynes offices in the UK. However, due to remaining uncertainty concerning any ongoing Covid-19 restrictions, shareholders are strongly encouraged to submit their votes by proxy and to appoint the Chair of the AGM as their proxy. We will continue to review our AGM arrangements in light of the latest Government regulations and guidance, and any changes will be communicated to shareholders before the meeting on

Shareholders are invited to ask questions of the Board. These should be sent to: . When submitting your question, please include your Shareholder Reference Number ('SRN') which can be found on your Form of Proxy or Share Certificate. The Board will also seek to respond to all questions and anticipates publishing questions and responses on the Company's website at: . Responses to similar questions will be grouped. Responses to questions received by 5.00 p.m. on Monday 5 July 2021 are expected to be published by no later than 11.00 a.m. on Monday 12 July 2021, which will provide shareholders with the opportunity to read the responses before submitting their proxy votes.

Share Consolidation

As announced on 27 May 2021, the Board is seeking shareholder approval at the AGM for a consolidation of the Company's share capital on the basis of 1 new ordinary share with a nominal value of £1.00 each for every 10 existing ordinary shares of 10 pence each held at the record time (the "Share Consolidation"). The Share Consolidation is expected to address investor feedback and remove index inclusion restrictions, which together enable a more consistent valuation of the Company. The Share Consolidation will reduce the total number of ordinary shares in issue and is expected to result in a share price and nominal value that the Board believes is more appropriate for a company of the Company's size.

As all ordinary shareholdings in the Company will be consolidated, shareholders' percentage holdings in the issued share capital of the Company will (save in respect of fractional entitlements) remain unchanged.

As further explained in the Notice of Meeting, fractional entitlements arising from the Share Consolidation will be aggregated and sold in the market. The net proceeds of such sale (after deduction of expenses of the sale) will be distributed in due proportion among the relevant shareholders, except that any individual entitlements of £5.00 or less will be retained by the Company and donated to charity. It is intended to split any donation between "Young Minds" and "Wijzijnmind/mindyoung", both being charities championing the wellbeing and mental health of young people in the UK and the Netherlands respectively.

The International Securities Identification Number (ISIN) of the New Ordinary Shares will be GB00BNR4T868.

Further information on the Share Consolidation is set out in the Notice of Meeting available at: .

Expected Timetable

The expected timetable of events in relation to the Share Consolidation is as follows;

Expected timetable of principal events for the Share Consolidation

Notes:

1. All time references in the table above are to London time unless otherwise stated.

2. All events in the above timetable scheduled to take place after the Annual General Meeting in respect of the Share Consolidation are conditional on the

approval by shareholders of the Share Consolidation as proposed. All events in the timetable from Admission of the New Ordinary Shares are also conditional upon Admission occurring.

If shareholders have any further questions regarding the share consolidation proposals, they may telephone the Shareholder Helpline operated by our Registrars, Computershare, on Tel: 0370 707 1290 (from within the UK) or +44(0)370 707 1290 (if calling from outside the UK). Lines are open from 9.00 a.m. to 5.30 p.m. (London time) Monday to Friday (except UK public holidays).

Calls from the UK mainland will be charged at your service provider's national rate; different charges may apply to mobile telephones. Calls may be recorded and randomly monitored for security and training purposes. Please note that the Shareholder Helpline operators will be unable to give advice on the merits of the Share Consolidation or to provide financial, investment, legal or taxation advice. Shareholders are recommended to consult their own independent professional adviser.

About Renewi

Renewi is a leading waste to product company that gives new life to used materials every day. We have around 6,500 employees working at 165 operating sites across Europe. Our extensive operational network means we are always close to our customers.

For Renewi, waste is a state of mind, and an opportunity. Our many years of knowledge and experience, combined with a broad range of services, allow us to offer sustainable, practical recycling solutions. We use innovation and the latest technology to turn waste into useful materials such as paper, metal, plastic, glass, wood, building materials, compost and energy. In other words, we turn today's waste into tomorrow's raw materials. The result of our work is less waste and contamination, a smarter use of scarce raw materials, and a reduction in carbon emissions. This means that we are contributing towards a cleaner, circular world in which we "waste no more".

Visit our website for more information: