SA Recycling (SAR) Overview - SAR operates in 19 states with 76 facilities and 15 shredders, complementing NAM's presence in 15 states with 148 facilities and 24 shredders[21] - SAR has a strong metro presence, delivering scale and defensibility across the US, and seeks to capture growth from EAF expansion and rising US scrap demand[22] - SAR's sales volume has grown at a CAGR of +7.5% from FY21 to FY25[33] - SAR has made approximately 66 acquisitions in the last 18 years, with approximately USD$1.5 billion in enterprise value[35] Financial Performance & Dividend - SAR's EBITDA for FY25 was A$459.2 million, with an EBIT of A$259.5 million[25] - SAR's Net Income (US GAAP) was A$201.7 million, adjusted to A$239.9 million under IFRS[25] - The average SAR Dividend to Sims from FY21-FY25 was A$97.7 million[24] - SAR's gearing ratio is 45%[69] Market & Growth Opportunities - EAF capacity additions are expected to drive increased scrap demand[30, 31] - Non-ferrous sales volumes have grown at a CAGR of +10% from FY21-FY25[47] - SAR has a shredder utilization rate of approximately 50%[41] Capital Expenditure - The company spent $127 million on CAPEX in FY21, $404 million in FY22, $171 million in FY23, $165 million in FY24 and $211 million in FY25[62]

As filed with the Securities and Exchange Commission on April 4, 2023 Registration No. 333-269089 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No.1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GREENWAVE TECHNOLOGY SOLUTIONS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Identification Number) Delaware 7370 4 ...