TOMRA Systems — Regulatory Filings 2021

Apr 9, 2021

TOMRA appointed as reverse vending technology provider for new Latvia deposit return system

TOMRA appointed as reverse vending technology provider for new Latvia deposit return system

TOMRA wins today tender for reverse vending machines for the return of bottles

and cans across the country in 2022.

SIA Depozita Iepakojuma Operators, the future central system administrator for

the deposit return system (DRS) in Latvia, today announced that TOMRA has won

the tender to provide the reverse vending technology for the upcoming bottle and

can recycling program. A negotiation period will follow with the contract set to

be signed by July 1, 2021.

TOMRA will supply approximately 800 automated collection points, combining

around 625 indoor reverse vending solutions and 175 outdoor kiosks. These return

locations seek to ensure optimal convenience for Latvian consumers to return

their containers, and deliver on the ambitious targets set by the central system

administrator. The reverse vending equipment will be owned and maintained by

TOMRA, and TOMRA will be paid for the usage based upon the returned volume of

containers through the machines.The DRS in Latvia will launch on February 1st,

2022, with a deposit value of Euro 0.10. The system will include cans as well as

plastic and glass bottles in various sizes (covering beverage types such as non

-alcoholic beverages, beer and cider) and retailers will serve as return points.

The new recycling incentive program will see Latvia join the other Baltic states

- Estonia and Lithuania - in offering deposit systems. The DRS is also set to

help Latvia achieve the goals of the European Union's Single-Use Plastics

Directive, which mandates that its member states collect 90% of plastic beverage

containers by 2029.

"We are very pleased that, thanks to fierce competition, we can provide the best

available packaging return technology solution to the Latvian deposit system and

our society, which has successfully proven itself in such deposit system

countries as Lithuania, Estonia, Germany, Norway, Sweden, and so on," said Miks

Sturitis, Chairman of the Board of Ltd. "Depozita Iepakojuma Operators". "The

establishment of a deposit packaging return infrastructure is a task of great

responsibility, as it goes hand in hand with the sustainability of the system

and the overall experience for the society, as well as the desire to return the

empty beverage packaging. Given the short period of time available for the

implementation of the deposit system, the partner's experience and available

resources is a very important aspect. TOMRA will help us create a modern, safe

and practically tested deposit system, which will allow us to fulfill the set

goals in environmental protection."

"We are proud to be named the preferred partner for SIA Depozita Iepakojuma

Operators," said Harald Henriksen, Head of TOMRA Collection Solutions. "We look

forward to working together with Latvia in delivering a world-class deposit

return system and creating green job opportunities for around 30 people in our

new local entity that will be established. The introduction of a DRS in Latvia

positions the Baltic region as a frontrunner within circular economy, ensuring

the collection and recycling of packaging waste across three countries. We

applaud Latvia's initiative in driving a circular economy, and TOMRA will strive

to make it easy for industry, retailers and consumers across the country to

contribute to a more sustainable planet through participating in the new DRS."

Asker, 09 April 2021

TOMRA SYSTEMS ASA

For questions please contact:

CFO/Deputy CEO Espen Gundersen +47 66 79 92 41 / +47 97 68 73 01

Director Investor Relations Georgiana Radulescu +47 94 10 16 43

TOMRA was founded on an innovation in 1972 that began with design, manufacturing

and sale of reverse vending machines (RVMs) for automated collection of used

beverage containers. Today TOMRA provides technology-led solutions that enable

the circular economy with advanced collection and sorting systems that optimize

resource recovery and minimize waste in the food, recycling and mining

industries.

TOMRA has approximately 100,000 installations in over 80 markets worldwide and

had total revenues of ~9.9 billion NOK in 2020. The Group employs ~4,300

globally and is publicly listed on the Oslo Stock Exchange. (OSE: TOM). For

further information about TOMRA, please see www.tomra.com