MASTERPLAST Nyilvánosan Működő Részvénytársaság

Regulatory Filings • Jul 29, 2025

PRESS RELEASE

Budapest, June 18, 2025 – The most modern Hungarian plant for processing returned bottles and cans has been inaugurated in Kőbánya

The waste processing capacity of ALTEO subsidiary FE Group for processing PET bottles and metal cans from the mandatory deposit refund scheme will increase manifold with the installation of the automated machinery line delivered today at the Company's Kőbánya site. The investment included the installation of a waste processing line boasting the most efficient sorting technology available in Hungary.

The number of returned beverage containers in the mandatory deposit refund scheme (DRS) has already exceeded two billion, which shows that significant capacity is required to process and recycle the waste generated. The first step of this process is to professionally separate and bale the different types of packaging, i.e. PET bottles and aluminum cans, thereby preparing the various material streams for recycling.

For this process, ALTEO's subsidiary developed a processing machinery line with complex technology at its Kőbánya site, contributing to the achievement of the circular economy goals of both Hungary and the European Union.

The new automated line enables the Company to appropriately sort and treat more than 14 thousand tons of waste collected in the deposit refund system per year, multiplying the Company's existing waste processing capacity from the DRS.

The technology, which consists of an automatic sorter with mechanical separation technology (magnetic belts, optical and color separators) and two baling machines for metal beverage cans and PET bottles, is complemented by a conveyor system for material handling.

The ALTEO subsidiary has been carrying out DRS waste processing as a concession partner to MOHU MOL Hulladékgazdálkodási Zrt. since last year. At full capacity, the new machinery line can produce 11,400 tons of PET bales and 3,050 tons of aluminum bales per year. The new machinery line can also separate significant amounts of tinned and ferrous metals during processing. For this reason, the investment of ALTEO's subsidiary is a waste processing line with the most efficient sorting technology available in Hungary, with the highest possible recovery rate of useful materials.

After automated baling, the processed waste is transported to the Company's partners: the aluminum is melted down in smelters and recycled into beverage cans or other aluminum objects. The PET bottles are then recycled back into PET bottles, used as building materials or reused in the textile industry.

"The commissioning of the new production line is closely linked to the implementation of our strategy, one of the key objectives of which is for ALTEO to achieve a leading position in the circular economy", said ALTEO Chairman and CEO Attila Chikán Jr. At the inauguration ceremony, Anita Simon, ALTEO's Deputy CEO for Sustainability and Circular Economy added: "With this investment, ALTEO will play a key role in the pre-treatment of DRS waste in Budapest and Pest County, and thus we will be able to contribute even more to the return of valuable materials back into the cycle".

"With the introduction of the mandatory waste collection scheme, a new era has begun in our joint work to reform the waste management system. The DRS not only collects significant amounts of waste in an organized manner, but does so in a fashion that makes the subsequent recycling of the materials a real possibility. This can only be maintained if adequate processing capacities are available. Not only in terms of quantity, but also in terms of technology. It is precisely this function the investment delivered today fulfils. The capacity is significant in terms of numbers and outstanding in terms of technological standard. It is a competitive solution at the industrial level, which ensures that the secondary raw material thus produced is actually suitable for industrial use, either in the domestic or international market," said Csaba Gondola, State Secretary for Circular Economy and Climate Policy of the Ministry of Energy, at the inauguration ceremony.

"To date, there have been more than 2 billion PET bottles, cans and glass bottles returned. The waste from these is now disposed of properly and will be recycled. The number of returned bottles will increase further in the future, which is why investments such as ALTEO's latest plant are necessary. This will strengthen the circular economy in Hungary," added Tivadar Runtág, Chief Operating Officer of MOHU MOL Hulladékgazdálkodási Zrt.

The HUF 1 billion investment was partly funded by a non-refundable grant of HUF 300 million awarded at a call for applications announced by Energiastratégia Intézet Nonprofit Kft.*, which covered nearly 30 percent of the total project, with the remainder financed by the Company itself.

*Call for Applications No. TDIJ-EI/2023, entitled "Industrial development grant for waste management related to waste from products subject to product charges in 2023.

ALTEO

ALTEO is a Hungarian-owned energy service provider and trading company with a modern mindset. The scope of its business activities include the production and trade of energy from renewable energy carriers and natural gas, as well as energy services and development customized to individual corporate needs. The Company provides a reliable and environmentally responsible energy supply based on the sustainable use of renewable energy to its customers, which include small and mediumsized Hungarian enterprises as well as large corporations. Due to its own, optimally designed assets and virtual power plant, the Company provides the most innovative services of the highest quality to its partners. In recent years, innovative business sectors such as e-mobility, waste management and scheduling have been added to this range, where aspects of the circular economy are even more prevalent.

ALTEO was first listed on the Budapest Stock Exchange in October 2010. In 2016, the Company successfully completed a public offering. The Company is continuously active in the capital market, and following its public offering, it continued to carry out private placements of shares and bonds among institutional investors.

ALTEO is a dynamically developing company committed to sustainability, and is always on the lookout for new opportunities for investment and growth, and the Company is continuously working to ensure that they provide their customers and partners with the most innovative range of services of the highest quality in an effort to achieve a steady increase in shareholder value.

ALTEO Nyrt.