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Sale of Clean Earth and Spin-off of Harsco Environmental and Rail expected to be completed on June 1, 2026Enviri stockholders to receive $15.00 per share at closing, after debt repayment, transaction costs and other financial considerationsEffective date for distribution in Spin-off of Harsco Environmental and Rail is expected to be June 1, 2026 (the 'Effective Date”)Enviri stockholders will receive one share of New Enviri common stock for every three shares of Enviri common stock on June 1, 2026Enviri II Corporation ('New Enviri”) 'When Issued” trading expected to begin on May 27, 2026 under symbol 'NVRI WI” and 'Regular Way” trading expected to begin on June 2, 2026 under the new name 'Enviri Corporation” and symbol 'NVRI”PHILADELPHIA, May 20, 2026 (GLOBE NEWSWIRE) -- As previously announced, Enviri Corporation (NYSE: NVRI) ('Enviri” or the 'Company”) expects to close the sale of Clean Earth to Veolia Environnement S.A. as well as complete the spin-off of Harsco Environmental and Rail into a standalone publicly traded company, named Enviri II Corporation ('New Enviri”), on June 1, 2026, subject to satisfaction of certain closing conditions. The Clean Earth transaction was approved by Enviri stockholders on May 4, 2026. The New Enviri information statement ('Information Statement”) was made available to Enviri stockholders on May 8, 2026, and is also available as an exhibit to the Form 8-K filed by New Enviri with the Securities and Exchange Commission on May 11, 2026.