Envipco Holding N.V.

Management Reports • May 13, 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 January 2014 through 12 May 2014.

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

• The Management Board issued a press release on 30 April 2014 announcing the group's 2013 annual audited results. This release along with the 2013 Annual Report are available at: www.envipco.com
• The Company's annual shareholders' meeting is scheduled for 26 June 2014. The meeting notice, agenda and other documents will be published by 14 May 2014, copies of which will be available at www.envipco.com
• The US Reverse Vending Machine (RVM) business for the quarter ended 31 March 2014 experienced a revenue decline to €4.4 million from €4.9 million in 2013. The entire decline was attributable to lower machine thru-put volumes tied to overall lower beverage consumption and unusually poor weather in the Northeast markets. The thru-put volume has recovered during the month of April 2014 and we expect this trend to continue. Machine sales increased to €0.5 million in the first quarter from €0.4 million in 2013. The net loss for the first quarter increased to €0.9 million from €0.7 million in 2013, mainly attributable to lower machine thru-put volume.
• The Plastic recycling segment as of 2013 is being reported as "Discontinued Operations". The net loss before tax was €1.1 million for the period ended 31 March 2014. The Company has retained an outside advisory firm to evaluate all options. Currently, the advisor has identified several interested parties and they are in the process of obtaining indicative offers.

The plastics recycling company (Sorepla) had previously received an award of €2.3 million. This amount was reduced on appeal to €0.6 million. This amount has been collected subsequent to quarter end. The Company is currently evaluating options to challenge the reduced damages decision.

As advised, on 10 April 2014, the Company sold one of its IP rights to DPG Deutsche Pfandsystem GmbH for a significant amount with all other terms remaining confidential.

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. 12 May 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.