NASDAQ: QRHC JUNE 2020 • NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS INVESTOR PRESENTATION INVESTOR PRESENTATION © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. mil HITTOTALOGULA · ) B QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform™ 0% 日 FREE! SAVE $50 $100 MARKETING STRATEGT GROWTH Dokin © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly p ...

Quest Resource Holding Corp (NASDAQ:QRHC) Q1 2020 Earnings Conference Call May 14, 2020 5:00 PM ET Company Participants David Mossberg - IR Ray Hatch - President, CEO & Director Laurie Latham - CFO, SVP & Secretary Conference Call Participants Amit Dayal - H.C. Wainwright & Co. Gerard Sweeney - Roth Capital Partners Sarkis Sherbetchyan - B. Riley Operator Greetings, and thank you for standing by. Welcome to the Quest Resource Holding Corp First Quarter 2020 Earnings Call. [Operator Instructions]. I would no ...

Financial Data and Key Metrics Changes - The company reported fourth quarter revenue of $23 million, a decrease of 9.1% compared to the same quarter last year. For fiscal 2019, revenue was $99 million, down 4.7% year-over-year [14] - Fourth quarter gross profit increased by 5.5% year-over-year to $4.7 million, while fiscal 2019 gross profit was $18.7 million, reflecting an 11.1% growth year-over-year [15] - Adjusted EBITDA for the fourth quarter increased by 10.2% to $850,000, and year-to-date adjusted EBITDA rose by 42.4% to $3.3 million [18] Business Line Data and Key Metrics Changes - The decrease in revenue was primarily due to the transition away from lower value-added services and a slowdown in production at a major industrial customer, impacting volumes and revenue from low-margin waste streams [14] - Gross margin improved to 20.3% in the fourth quarter and 18.9% for fiscal 2019, reflecting over 2.5 percentage points of year-over-year improvement [15] Market Data and Key Metrics Changes - The company has diversified its end markets, now focusing on retail, automotive, industrial, and restaurants, moving away from reliance on just two sectors [23] - The company has reduced its revenue base by about 45% since 2016, while growing gross profit dollars at a compound annual rate of 15% during the same period [23] Company Strategy and Development Direction - The company aims to optimize waste streams for large companies, focusing on sustainability and improving customer relationships through enhanced service offerings and data analytics [21][22] - The company is exploring growth opportunities through mergers and acquisitions, with a disciplined approach to expanding customer relationships in existing and new markets [28] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about the potential negative impact of the coronavirus on near-term financial performance, particularly regarding supply chain disruptions and customer activity [9][29] - Despite the challenges, management believes the business model can withstand temporary disruptions and expects operating profit to grow at a faster pace in the future [29] Other Important Information - The company has implemented shareholder-friendly policies and has seen a significant change in its ownership base, which is expected to positively impact liquidity and valuation [24] Q&A Session Summary Question: What changes have been made in the sales restructuring and what impediments to growth have been identified? - Management noted new leadership and processes in the sales structure, which are expected to yield positive results. The sales cycle has been longer than anticipated due to the complexity of waste streams [33][34] Question: How does the current pipeline compare to previous months? - Management indicated that while the number of opportunities may not have increased, the quality of opportunities has improved, with more consistent movement within the pipeline [36] Question: What is the expected retention rate for customers in 2020? - Management highlighted that most services are recurring and essential, leading to high expectations for customer retention and expansion of existing relationships [50]

NASDAQ: QRHC MARCH 2020 NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS •INVESTOR PRESENTATION INVESTOR PRESENTATION © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. :) @ ( mM Clou (4) op 87 th 172 3 www. QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform" 15% 0% 日2 FREE! $50 $100 MARKS TING TEAMS-OLE 8 391 DeMic © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Que ...

EST RESOURCE HOLDING CO To Challenge, Manage & NASDAQ: QRHC November 2019 NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS INVESTOR PRESENTATION ©2019 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. 1 © 2019 Quest Resource Holding Corporation. QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform™ SEC SAFE HARBOR The statements contained in this Investor Presentation that are not purely historical are forward-looking s ...

Quest Resource Holding Corporation (NASDAQ:QRHC) Q3 2019 Results Earnings Conference Call November 14, 2019 5:00 PM ET Company Participants David Mossberg - Investor Relations Representative Ray Hatch - President and CEO Laurie Latham - Senior Vice President and CFO Conference Call Participants Gerry Sweeney - ROTH Capital Sameer Joshi - H.C. Wainwright Nelson Obus - Wynnefield Capital Jamie Deyoung - Goudy Park Capital Operator Please standby. Good day, ladies and gentlemen. Welcome to the Quest Resource H ...

EST RESOURCE HOLDING CON NASDAQ: QRHC August 2019 NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS INVESTOR PRESENTATION ©2019 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. 1 © 2019 Quest Resource Holding Corporation. QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform™ SEC SAFE HARBOR The statements contained in this Investor Presentation that are not purely historical are forward-looking statements within the mea ...

Financial Data and Key Metrics Changes - Second quarter revenue was $25.4 million, a decrease of 8.9% compared to the same quarter last year. Year-to-date revenue was $52.1 million, relatively even versus the prior year [15][16] - Second quarter gross profit reached a record of $4.7 million, increasing 7.3% year-over-year. Year-to-date gross profit was $9.3 million, a 16.5% growth year-over-year [18][19] - Adjusted EBITDA for the second quarter was a record $825,000, increasing 5.8% year-over-year. Year-to-date adjusted EBITDA increased 81.3% to $1.6 million [24] Business Line Data and Key Metrics Changes - The decrease in revenue was primarily due to a slowdown in production at one of the largest industrial customers, affecting a lower margin waste stream, which accounted for about half of the Q2 decrease [16] - The gross margin for the second quarter increased to a record 18.7%, a 280-basis point improvement compared to Q2 last year, attributed to a shift in service mix and lower costs of subcontracted services [19][20] Market Data and Key Metrics Changes - The company is diversifying its exposure to specific markets, with significant growth in automotive service and industrial end markets, alongside recent growth in foodservice verticals [39][40] - The company has secured contracts with Buffalo Wild Wings and another restaurant group, indicating a successful penetration into the foodservice market [32][40] Company Strategy and Development Direction - The company is focusing on industries with complex waste streams where it can provide differentiated service offerings, aiming to grow gross profit and adjusted EBITDA in excess of 10% for 2019 [48][49] - Recent governance changes include aligning management and the Board with shareholder interests, indicating a commitment to enhancing shareholder value [28][30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth trajectory, highlighting the strength of customer relationships and a growing pipeline of profitable opportunities [12][31] - The company anticipates continued growth in gross profit and adjusted EBITDA, despite potential fluctuations in topline revenue due to external factors [48][49] Other Important Information - The cash balance at the end of the second quarter was $2.1 million, with $4.9 million drawn on a $20 million credit facility [26] - Operating expenses decreased 6.3% year-over-year to $4.6 million, primarily due to lower amortization expenses [21][22] Q&A Session Summary Question: Inquiry about Buffalo Wild Wings contract and sales cycle - Management indicated that the sales cycle for such contracts is approximately six months, emphasizing the complexity of presenting their multifaceted solutions compared to traditional waste management companies [55][56] Question: Pipeline status and contract losses - Management reported a healthy pipeline, noting that while some prospects may not convert due to price sensitivity, recent wins indicate positive movement [58] Question: Details on lower margin waste stream impact - Management confirmed that the slowdown was due to external macro factors affecting an industrial client, but gross profit dollars are still growing despite this downturn [62][64] Question: Deployment of services for new contracts - Management confirmed that Buffalo Wild Wings is fully deployed, while the other contract will be implemented within 60 to 90 days [75][76] Question: SG&A expense expectations - Management expects SG&A expenses to range between $4 million to $4.2 million per quarter moving forward [87] Question: Operating lease liability confirmation - Management confirmed that the increase in PP&D is related to operating lease liabilities [88]

QUEST RESOURCE HOLDING CORPORATION NASDAQ: QRHC May 2019 NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS I N V E S T O R P R E S E N T A T I O N ©2019 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. 1 © 2019 Quest Resource Holding Corporation. QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform™ SEC SAFE HARBOR The statements contained in this Investor Presentation that are not purely historical are forward-looking ...