WASTECO ESTABLISHES NEW FUNDING FACILITY TO SUPPORT GROWTH

12/06/2026 14:05 NZST, GENERALP

WasteCo Group Limited (NZX: WCO) is pleased to announce that WasteCo group has entered into a new $10m funding facility with PFNZ Limited (trading as Pacific Invoice Finance).

The facility provides an additional source of working capital funding and forms part of WasteCo's broader programme to strengthen the group’s balance sheet, improve liquidity management and support future growth initiatives.

Chairman Roger Gower said:

"This facility represents another positive step in strengthening WasteCo’s financial platform.

Importantly, it introduces an additional funding partner to the business and provides a flexible source of working capital that can support growth while improving cashflow management."

The facility complements WasteCo's existing banking arrangements and provides additional flexibility as the Company continues to execute operational improvement initiatives and pursue growth opportunities.

Gower said the facility demonstrated ongoing confidence in the business and supported the Board's objective of building a stronger platform for future growth.

"The Board's focus remains on improving operational performance, strengthening financial resilience and positioning WasteCo for long-term sustainable growth. This facility is another practical step in that process."

Roger Gower

Chairman

WasteCo Group Limited