Envipco Holding N.V.

Management Reports • Nov 19, 2014

Envipco Holding N.V.

Innovative Recycling Systems for a cleaner environment

Interim Management Statement

Envipco Holding N.V., a public listed company on the NYSE Euronext Brussels "ENVI" and a leading provider of recycling systems and solutions to the beverage and retail industries, announces its interim management statement for the period from 1 July 2014 through 18 November 2014.

The following are the main events/activities which occurred during the interim period:

• The Management Board issued a press release on 29 August 2014 announcing the group's 2014 1^st half-year $\bullet$ results. The release and the 2014 half-year report are available at: www.envipco.com
• The group net profit for the nine months was $\epsilon$ 8.7 million compared to a loss of $\epsilon$ 0.2 million for the same period ×, in 2013. This profit was positively impacted by $€9.4$ million of net income from the patent sale. EBITDA for the 9 months during 2014 was $\epsilon$ 10.0 million versus a breakeven for the same period last year.
• Our RVM segment revenues for the nine months were $\epsilon$ 16.5 million compared to $\epsilon$ 17.8 million for the nine months of 2013. The revenue decline of 7.3% is mainly due to lower machine sales. Revenues for third quarter were €6.4 million compared to €6.9 million in 2013.
• The RVM operations net loss for nine months was \$0.4 million compared to a profit of \$0.3 million for nine months of 2013. The EBITDA for the nine months was \$1.6 million compared to \$2.4 million for 2013.
• Our joint venture pilot with Coca-Cola ended in October 2014. The pilot has successfully proven the reliability, performance of our new bulk feed technology platform, sustained beverage container volumes recovery and favourable consumer behavior. Together, we are now evaluating potential roll-out options within an industry coalition concept.
• The plastic recycling segment, which has been treated as discontinued operations, continues to perform below expectations as ongoing restructuring efforts continue. The net loss for nine months was €3.6million compared to a loss of €3.7million for the nine months in 2013. A further €2.4 million was injected in Q3 2014 to finance losses and the restructuring plan. Sorepla, in the French supreme court, successfully appealed against the decision of the high court reducing a previous award in our favour from $\epsilon$ 2.3m to $\epsilon$ 0.6 million. The Supreme Court has asked the court of appeal to rehear the case.

There are no other significant events which may have a material impact on the financial position of the group.

The Board of Directors of Envipco Holding N.V.

19 November 2014

For further information, please contact Gool Santchurn:

By phone: +1 203 720 4059

By e-mail: gools@envipco.com

Website: www.envipco.com

About Envipco: Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding company listed on NYSE Euronext Brussels (Symbol ENVI). 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. Envipco's turnkey solutions cover all aspects of beverage container recycling - from recovery, validation, compaction, sorting, transportation and logistics, to accounting for every container, to recycling and processing used beverage containers to ready for conversion into new containers and consumer products. 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. It also owns and operates the largest independent bottle to bottle PET recycling plant in Europe.