Enviri Corporation Announces Results of the Special Meeting of Stockholders (Form 8-K)

Enviri Corporation Announces Results of the Special Meeting of Stockholders

•Sale of Clean Earth to Veolia approved 99.54 percent of shareholders

•New Enviri will be a market-leading, global provider of environmental solutions for industrial waste streams and innovative equipment and technology for the rail sector

•Transaction closing on track for mid-year 2026

PHILADELPHIA (May 4, 2026) - Enviri Corporation (NYSE: NVRI) announced that its shareholders today voted to approve the Company's pending sale of its Clean Earth division to Veolia Environnement S.A. (the "Transaction Proposal"). Immediately prior to the closing of the merger, Enviri will spin-off its Harsco Environmental and Harsco Rail business segments ("New Enviri"). The parties are targeting completion of the Clean Earth sale and spin-off of New Enviri mid-year 2026, following the satisfaction of customary closing conditions.

Approval of the Transaction Proposal required the affirmative vote of holders of a majority of the outstanding shares of Enviri common stock entitled to vote on the proposal. Approximately 99.54% of the votes cast by Enviri shareholders entitled to vote thereon were voted "FOR" the transaction proposal.

New Enviri Overview

New Enviri will be a leading provider of critical environmental services and material processing to the metals industry and innovative equipment, after-market parts and services for the rail sector. Key business and financial highlights for New Enviri include annualized 2026 expected pro forma revenues of approximately $1.2 billion and a conservative capital structure at launch with Net Debt to Adjusted EBITDA of 2.0x, with a revolving credit facility that will be undrawn at closing. New Enviri is also expected to illustrate significant earnings and cash flow growth potential through internal improvement initiatives and investments as well as a recovery in relevant end markets.

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About Enviri

Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.