ECORECO : FLAGS URBAN MINING OPPORTUNITY AFTER NEW EU E-WASTE DATA

• EU collected an average 12.3 kg e-waste per person in 2024, with 32.4 kg new electrical and electronic equipment per person placed on market • NITI Aayog estimates India's annual e-waste generation at ~6.19 million metric tonnes • India's indicative per-capita level of ~4.3-4.5 kg remains well below new equipment entering the European market per person • Company sees opportunity in collection networks, secure IT asset disposition, scientific recycling and higher-value resource recovery • Pace of commercial conversion to depend on market development, regulatory implementation, investment and recovery economics Impact: Neutral (qualitative positioning on e-waste and resource recovery; no order, deal value or financials disclosed)

Eco Recycling Ltd

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