THIS PRESENTATION (AS DEFINED BELOW) IS CONFIDENTIAL AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA (EACH A "RESTRICTED JURISDICTION") OR ANY JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL.

The information contained in this presentation and the accompanying verbal presentation, including any question and answer session and any documents or other materials distributed at or in connection with the presentation (together the "Presentation") are for your information only and are being delivered by AcqWaste Ltd.

You acknowledge that the Presentation is confidential and is being furnished to you solely for your information and you agree that you will not forward or deliver the Presentation, electronically or otherwise, to any person or reproduce, download or publish the Presentation in any manner whatsoever. By attending the Presentation, the recipient shall be deemed to have accepted the terms of this disclaimer.

This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 ("FSMA") and therefore it is being delivered for information purposes to (i) persons in member states of the European Economic Area ("EEA") who are "qualified investors" ("Qualified Investors") within the meaning of article 2(e) of Regulation (EU) 2017/1129 (the "EU Prospectus Regulation"); and (ii) persons in the United Kingdom that are "qualified investors" within the meaning of the UK version of the EU Prospectus Regulation which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018 and are persons: (a) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") (investment professionals); (b) who fall within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations etc.); or (c) to whom they may otherwise be lawfully distributed (all such persons in (a), (b) and (c) together being referred to as "Relevant Persons").

Any person who is not a Qualified Investor or a Relevant Person should not act or rely on the information contained in this Presentation. If you are in any doubt as to the matters contained in this Presentation (including whether you fall within the definitions of Qualified Investor or Relevant Person), you should consult an authorised person specialising in advising on investments of the kind contained in this Presentation. Any investment or investment activity to which this Presentation relates is available only to Qualified Investors in the EEA and Relevant Persons in the United Kingdom and will be engaged in only with Qualified Investors in the EEA and Relevant Persons in the United Kingdom. By accepting receipt of this Presentation, each recipient is deemed to confirm, represent and warrant to the Company and Cavendish Capital Markets Ltd. ("Cavendish") that they are a Qualified Investor or a Relevant Person. Persons into whose possession this Presentation comes should inform themselves about and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities laws of any such jurisdiction. This Presentation is not to be disclosed to any other person or used for any other purpose.

This Presentation does not constitute an offer of securities for sale in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 (the "US Securities Act"), or with any securities regulatory authority of any state or jurisdiction of the United States, and may not be offered, sold or transferred, directly or indirectly, in the United States absent registration under the Securities Act or an available exemption from, or as part of a transaction not subject to, the registration requirements of the Securities Act and, in each case, in compliance with any applicable securities laws of any state or other jurisdiction of the United States. No public offer of the securities referred to herein is being made in the United States.

Neither the Presentation nor any part or copy may be taken or transmitted, directly or indirectly, into any Restricted Jurisdiction or to any national, resident or citizen thereof, or any jurisdiction where such distribution is unlawful.

The Presentation shall not form the basis of any contract and the Presentation does not contain or constitute or form part of any offer or invitation to sell or issue, or any offer or inducement or invitation or commitment to purchase or subscribe for, or any solicitation of any offer to purchase or subscribe for, any securities in the Company in any jurisdiction nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever with respect to any offer or otherwise.

The information contained in this Presentation is for discussion purposes only and does not purport to contain all information that may be required to evaluate the Company and/or its financial position. The contents of this Presentation are not to be construed as, and should not be relied upon for, legal, financial or tax advice nor does it constitute a recommendation regarding any transaction. Each recipient of this Presentation should consult his, her or its own legal, financial or tax adviser for advice.

None of the Company or any of their respective affiliates, directors, officers, or agents accepts any responsibility whatsoever for the contents of the Presentation or for any statement made or purported to be made by it, or on its behalf, in connection with the Company or the Placing. The company accepts no responsibility whatsoever for, or makes no representation or warranty, express or implied, as to, the accuracy, completeness or verification of the contents of the Presentation or for any other statement made or purported to be made by it, or on its behalf, in connection with the Company, the Ordinary Shares or the Placing, and nothing in the Presentation will be relied upon as a promise or representation in this respect, whether as to the past or future. The company accordingly disclaims, to the fullest extent permitted by applicable law, all and any responsibility or liability, whether arising in tort, contract or otherwise (save as referred to above), which it might otherwise have in respect of the Presentation or any such statement.

This Presentation contains forward-looking statements that involve substantial risks and uncertainties, and actual results and developments may differ materially from those expressed or implied by these statements. These forward-looking statements are statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the Company's results of operations, financial condition, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as of the date of this Presentation and the Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this Presentation