Biffa : Publication of Annual Report and Accounts 2021

Biffa plc

(the 'Company')

Publication of Annual Report and Accounts 2021

and

Notice of Annual General Meeting

The Company's Annual Report and Accounts for the year ended 26 March 2021 (the 'Annual Report') and Notice of Annual General Meeting 2021 (the 'Notice of Meeting') have been published on the Company's website and are available to view atwww.biffa.co.uk/investors,a hard copy version of the Annual Report and Notice of Meeting will be sent to those shareholders who have elected to receive paper communications.

In compliance with Listing Rule 9.6.1, the Annual Report, Notice of Meeting and Proxy Form for the 2021 Annual General Meeting, to be held on Monday 19 July 2021, will be available for inspection at the National Storage Mechanism at data.fca.org.uk.The final results for the year ended 26 March 2021, released by the Company on 1 June 2021include the information required pursuant to Rule 6.3.5 of the UK Disclosure Guidance and Transparency Rules, excepting publication of the responsibility statement of the Directors in respect of the Annual Report, a description of the principal risks and uncertainties facing the Company, and the related party transactions carried out bythe Company and its subsidiaries during the year, which are detailed below. Page and note references in the text below refer to page numbers in the Annual Report and notes to the financial statements.

Sarah Parsons

Company Secretary

21 June 2021

Enquiries:

Investors

Michael Topham, Chief Executive Officer

Richard Pike, Chief Financial Officer

[e-mail]

Media & Analysts

Houston PR

[e-mail]

Registered in England and Wales:

10336040

Registered office at:

Coronation Road,

Cressex,

High Wycombe,

Buckinghamshire

HP12 3TZ

Appendix

Statement of Directors' Responsibility under the Disclosure and Transparency Rules

Pursuant to Rule 4.1.12 of the Disclosure and Transparency Rules (DTRs) each of the Directors, the names and functions of whom are set out on pages 82-83 of the Annual Report, confirm that to the best of their knowledge that:

■ the Financial Statements, prepared in accordance with the applicable set of accounting standards, give a true and fair view of the assets, liabilities, financial position and profit of the Group and the Company;

■ the Strategic Report and the Directors' Report include a fair review of the development and performance of the business and the position of the Group and the Company, together with a description of the principal risks and uncertainties that they face; and

■ the Annual Report and Financial Statements, taken as a whole, are fair, balanced and understandable and provide the information necessary for shareholders to assess the Group's performance, business model and strategy.

Related Party Transactions

There have been no material related party transactions in the 52 weeks ended 26 March 2021 (2020: nil) except for key management compensation as set out in the Directors' Remuneration Report.

Details of the Directors' remuneration are set out in the Directors' Remuneration Report on pages 105-123. There have been no related party transactions with any directors in the year or in the subsequent period.

During the year to 26 March 2021, the Group invested £8.4m in Protos ERF Ltd and Newhurst ERF Limited. On financial close the Group received from the joint venture reimbursement for development costs incurred. The Group also issued loan notes of £5.8m to Newhurst ERF Holding Limited and Protos Holding Limited. Both parties can redeem the notes at any time. Annual rate of interest on the notes is eight per cent. This whole balance remained outstanding at year end. None of the amount is deemed to be uncollectable and no expenses have been recognised during the period in respect of bad or doubtful debts in this regard.

No Directors held any material interest in any contract with the Company or the Group in the year or subsequent period to 26 March 2021. The Group has made £5.9m (2020: £10.2m) contributions to the pension schemes.