| NOTIFICATION OF MAJOR HOLDINGS |
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| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Renewi plc |
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
| Non-UK issuer |
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| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
| An acquisition or disposal of voting rights |
X |
| An acquisition or disposal of financial instruments |
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| An event changing the breakdown of voting rights |
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| Other (please specify): |
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| 3. Details of person subject to the notification obligation |
| Name |
STERLING STRATEGIC VALUE FUND S.A., SICAV-RAIF |
| City and country of registered office (if applicable) |
LUXEMBOURG |
| 4. Full name of shareholder(s) (if different from 3.) |
| Name |
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| City and country of registered office (if applicable) |
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| 5. Date on which the threshold was crossed or reached: |
08/06/2020 |
| 6. Date on which issuer notified (DD/MM/YYYY): |
10/06/2020 |
| 7. Total positions of person(s) subject to the notification obligation |
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% of voting rights attached to shares (total of 8. A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights of issuer |
| Resulting situation on the date on which threshold was crossed or reached |
6.06% |
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6.06% |
800,141,536 |
| Position of previous notification (if applicable) |
5.01% |
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5.01% |
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