Enviri II spin-off and Clean Earth sale close June 1; when-issued trading begins May 27

Enviri Corp

Close of Clean Earth sale to Veolia and spin-off of Harsco Environmental/Rail expected June 1, 2026.
Enviri stockholders to receive $15.00 per share in cash after debt repayment, transaction costs, and reserves.
Distribution ratio: 1 share of New Enviri (NVRI) for every 3 shares of old Enviri common stock.
When-issued trading of New Enviri common stock under ticker NVRI WI begins May 27; regular-way under NVRI begins June 2.
Cash payout includes reserves for certain Rail ETO contracts.

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