Table of Contents HARSCO CORPORATION (Exact name of registrant as specified in its charter) Delaware 23-1483991 For the Quarterly Period Ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-03970 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other ...

Financial Performance - Q2 2022 - Revenues increased by 3% to $481 million compared to $469 million in Q2 2021 [11] - Adjusted EBITDA decreased by 26% to $49 million from $67 million in Q2 2021 [11] - Adjusted EBITDA margin decreased by 405 bps to 102% compared to 143% in Q2 2021 [11] - Adjusted EPS was $001 compared to $020 in Q2 2021 [11] - Free cash flow increased significantly by 544% to $132 million compared to $20 million in Q2 2021, benefiting from proceeds of securitization transaction [11] Segment Performance - Harsco Environmental revenues increased by 2% to $278 million in Q2 2022 [13] - Harsco Environmental adjusted EBITDA decreased by 9% to $53 million in Q2 2022 [13] - Clean Earth revenues increased by 4% to $203 million in Q2 2022 [17] - Clean Earth adjusted EBITDA decreased by 74% to $5 million in Q2 2022, impacted by significant cost inflation [17] Outlook - The company expects 2022 adjusted EBITDA to be in the range of $210 million to $220 million [21] - The company expects 2022 free cash flow to be in the range of $115 million to $125 million [21] - Q3 2022 adjusted EBITDA is expected to be between $54 million and $59 million [23] - Q3 2022 adjusted diluted earnings per share is expected to be between $(002) and $(008) [23]

Investor Presentation August - September 2022 SAFE HARBOR STATEMENT This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Forward-Looking Statements The Company's presentation contains forward-looking statements based on management's current expectations, estimates and projections. The nature of the Company's business an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-03970 HARSCO CORPORATION (Exact name of registrant as specified in its charter) Delaware 23-1483991 (State or other juri ...

Harsco Corporation (HSC) Q2 2022 Results Conference Call August 2, 2022 9:00 AM ET Company Participants Dave Martin - VP, IR Nick Grasberger - Chairman, CEO Anshooman Aga - SVP, CFO Conference Call Participants Devin Dodge - BMO Capital Markets Jeff Hammond - KeyBanc Larry Solow - CJS Securities Michael Hoffman - Stifel Zane Karimi - D.A. Davidson Rob Brown - Lake Street Capital Markets Operator Good morning. My name is Chad, and I will be your conference facilitator. At this time, I would like to welcome ...

HARSCO Investor Presentation May - June 2022 SAFE HARBOR STATEMENT This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Forward-Looking Statements The Company's presentation contains forward-looking statements based on management's current expectations, estimates and projections. The nature of the Company's business and ...

ZHENRY SCHEIN® Q1 2022 NASDAQ: HSIC Safe Harbor Provision Cautionary Note Regarding Forward-Looking Statements and Use of Non-GAAP Financial Information In accordance with the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, we provide the following cautionary remarks regarding important factors that, among others, could cause future results to differ materially from the forward-looking statements, expectations and assumptions expressed or implied herein. All forward-looking ...

Harsco Corporation (HSC) Q1 2022 Results Conference Call May 3, 2022 9:00 AM ET Company Participants Dave Martin - VP, IR Nick Grasberger - Chairman, CEO Anshooman Aga - SVP, CFO Conference Call Participants Michael Hoffman - Stifel Chris Howe - Barrington Research Jeff Hammond - KeyBanc Larry Solow - CJS Securities Rob Brown - Lake Street Capital Zane Karimi - D.A. Davidson Operator Good morning. My name is Jay, I'll be your conference facilitator. At this time, I would like to welcome everyone to the Hars ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-03970 HARSCO CORPORATION (Exact name of registrant as specified in its charter) Delaware 23-1483991 (State or other jur ...

Financial Data and Key Metrics Changes - Harsco's continuing operations achieved a 20% growth in both revenue and adjusted EBITDA, with adjusted EPS increasing by 2.5 times compared to the previous year [11] - Q4 revenue from continuing operations rose by 7% year-over-year to $462 million, with adjusted EBITDA totaling $58 million [27] - For the full year, revenues from continuing operations increased to $1.8 billion, and adjusted EBITDA rose to $252 million, maintaining EBITDA margins just under 14% [34] Business Line Data and Key Metrics Changes - Environmental segment revenues totaled $268 million, with adjusted EBITDA of $49 million, reflecting a 9% revenue increase but a $3 million decrease in adjusted EBITDA year-over-year due to service mix and higher operating costs [31] - Clean Earth segment revenues reached $194 million, with adjusted EBITDA of $16 million, marking a 5% revenue increase compared to Q4 2020, driven by soil dredge services and industrial customers [32] Market Data and Key Metrics Changes - Demand in Environmental businesses improved post-COVID, although inflation and supply chain issues impacted results, particularly in the second half of the year [11] - The Rail business, now reported as discontinued operations, faced demand weakness, particularly in maintenance-of-way products, but is expected to see improved performance in 2022 [12][39] Company Strategy and Development Direction - The company aims to divest its Rail business to focus on becoming a single-thesis environmental solutions company, enhancing growth prospects and cash flow [15] - Harsco Environmental and Clean Earth are positioned as market leaders with strong growth potential, each expected to generate cash flow exceeding 10% of revenue [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges from inflation, supply chain disruptions, and labor shortages, particularly in Clean Earth, but remains optimistic about demand recovery and strategic execution [21][62] - The outlook for 2022 includes ongoing growth in revenue and EBITDA, with a significant increase in cash flow anticipated, especially in Harsco Environmental [19] Other Important Information - The company reported a free cash flow deficit of $8 million for Q4, primarily due to Clean Earth's Oracle implementation affecting cash performance [30] - Harsco's funded pension status improved by $140 million, ending the year with a net leverage of 4.6 times and net debt of $1.3 billion [37] Q&A Session Summary Question: Why is the market not viewing the potential divestiture of US Ecology as a missed opportunity? - Management clarified that the focus for Clean Earth is on repurposing and recycling waste, not on hazardous landfilling, which does not align with their strategic goals [49] Question: What factors contributed to the guidance miss for 2022? - Management highlighted currency impacts, high energy prices affecting customer production, and the loss of a significant contract in the UK as key factors [53][55] Question: Is the labor shortage the main issue affecting Clean Earth's revenue guidance? - Management confirmed that the labor shortage is the primary issue, impacting their ability to meet demand, rather than a lack of underlying demand [70] Question: What is the outlook for the Rail business amid recent performance challenges? - Management expressed optimism about completing a sale of the Rail business this year, citing strong interest from potential buyers and expected demand recovery [77][81] Question: What is the expected growth rate for Clean Earth over the next few years? - Management indicated that volume growth is expected to be GDP plus a few points, with a target to double EBITDA in the Clean Earth business over the next three years [95] Question: How does the company plan to approach acquisitions in the future? - Management stated that while acquisitions are not a focus for this year, they aim to increase the platform through bolt-on acquisitions in the future [98]