GFL Environmental Inc. Announces Upsize and Pricing of Secondary Offering by Selling Shareholders

The Short Form Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible on or about March 27, 2025, through SEDAR+

VAUGHAN, ON, March 26, 2025 /CNW/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL.TO) ("GFL" or the "Company") today announced the pricing of the previously announced secondary offering (the "Offering") by Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman) LP, Poole Private Capital, LLC and entities affiliated with HPS Investment Partners, LLC (collectively, the "Selling Shareholders") of 18,887,723 subordinate voting shares (the "Shares"), which represents an increase of 3,147,954 Shares from the previously announced offering size, at the public offering price of US$47.65 per Share. RBC Capital Markets, LLC and RBC Dominion Securities Inc. will act as underwriters for the Offering in the United States and Canada, respectively. GFL also announced today that it has agreed to purchase for cancellation a total of 7,056,027 Shares under the Offering.