REPUBLIC SERVICES acquisition history

Allied Waste Industries was the third-largest non-hazardous solid waste management company in the United States. The merger combined the industry's second-largest (Republic) and third-largest (Allied) companies into a national environmental services platform serving more than 13 million customers in 40 states and Puerto Rico with more than 35,000 employees. Each share of Allied common stock was converted into 0.45 shares of Republic common stock. The combined company retained the Republic Services name and ticker (NYSE: RSG) and relocated its corporate headquarters to Phoenix. All-stock merger of equals; enterprise value of over $20 billion, creating a company with approximately $9 billion in pro forma annual revenue.

By combining the strengths of two great companies and integrating executives from both teams, Republic will enhance its leadership position in the U.S. environmental services industry, building on both companies' foundations of profitable growth.James E. O'Connor — Chairman and Chief Executive Officer, Republic Services

Our two companies have known and respected each other for many years, and the time is right for us to take the next logical step in the development of both companies, thus accelerating our ability to achieve our strategic objectives and enhancing our plan for profitable growth.John Zillmer — Chairman and Chief Executive Officer, Allied Waste Industries

Republic acquired all of the issued and outstanding shares of RE Community Holdings II, Inc. (ReCommunity) in the fourth quarter of 2017. Prior to the acquisition, ReCommunity was the largest independent recycling-processing company in the United States, with 26 recycling centers in 14 states, operating primarily in locations where Republic maintains a leading market presence. $168.0 million, net of cash acquired, plus $6.0 million of certain capital leases.

In the fourth quarter of 2017, we acquired all of the issued and outstanding shares of RE Community Holdings II, Inc. ("ReCommunity") for $168.0 million, net of cash acquired, plus $6.0 million of certain capital leases. Prior to the acquisition, ReCommunity was the largest independent recycling-processing company in the United States, with 26 recycling centers in 14 states, operating primarily in locations where Republic maintains a leading market presence.Republic Services FY2017 10-K — Business Acquisitions note

US Ecology, Inc. (NASDAQ-GS: ECOL) was a leading provider of environmental solutions offering treatment, recycling and disposal of hazardous, non-hazardous and specialty waste. Republic acquired all outstanding shares for $48.00 per share in cash. US Ecology's trailing-twelve-month revenue as of September 30, 2021 was $968 million with adjusted EBITDA of $156 million. Republic financed the transaction using proceeds of a new $1.0 billion unsecured term loan facility and borrowings under its credit facility. $48.00 per share in cash; total value of approximately $2.2 billion including net debt of approximately $0.7 billion.

Today's announcement enables Republic Services to provide customers with one of the most complete set of product offerings across the environmental services space and creates significant value for our stakeholders. This strategic acquisition expands our geographic footprint across the U.S. and Canada and provides vertical integration capabilities for our environmental solutions business.Jon Vander Ark — President and Chief Executive Officer, Republic Services

We are pleased to have reached this agreement with Republic Services, an established leader in the industry, recognized for its commitment to safety, sustainability and superior customer service. 2022 marks US Ecology's 70th year of operations, built around providing environmental solutions that protect human health and the environment.Jeff Feeler — Chairman, Chief Executive Officer and President, US Ecology