Vertex Resource : August Investor Presentation

VERTEX RESOURCE GROUP LTD .

TSX:VTX

INVESTOR PRESENTATION - AUGUST 17, 2022

VERSATILITY. EXPERTISE.

DISCLAIMER & NOTICE TO READER

This presentation is for discussion purposes only. The contents are not to be reproduced, summarized, or distributed.

These materials have been prepared for information purposes only concerning Vertex and are not, under any circumstances, to be construed as an offering of any securities for sale directly or indirectly in any province or territory in Canada, in the United States of America, or the territories or possessions thereof or to any U.S. person. No prospectus has been or will be filed in connection with an offering in Canada and the units have not been registered under the United States Securities Act of 1993, the securities law of any state thereof or the securities of any other jurisdiction, nor is such registration contemplated, and this presentation is not and under no circumstances is to be construed as a prospectus or other offering document. No securities commission or similar regulatory authority has passed on the merits of the units reviewed these informational materials any representation to the contrary is an offense.

The information presented in this document is considered to be accurate, however, there is no expressed or implied representation or warranty as to the accuracy or completeness of any such information and does not constitute investment advice.

This presentation may contain forward-looking statements, including forward-looking statements regarding management's assessment of plans and operations, business and investment strategies, exceptions of returns, cash flow, and earnings. Forward-looking statements are based on current assumptions, beliefs, internal exceptions, estimates, and projections of management relating to, among other things, the ability of the funds to raise capital and locate desirable investments, the performance of the funds' underlying investments, the funds' ability to effectively time dispositions, prevailing commodity prices and exchange rates, applicable royalty rates and tax laws. Such forward-looking statements are based on information currently available to management. No persons should rely on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in many cases, beyond the control of management and may cause the funds' actual results, performance, or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by the forward-looking statements.

The market and industry data contained in this presentation are based upon information from independent sources and other publications. While management believes this data to be reliable, market and industry data is subject to variations and cannot be verified with complete certainty. Management has not independently verified any of the data from third-party sources referred to in this presentation or ascertained the underlying assumptions relied upon such sources.

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CORPORATE PROFILE

MARKET SUMMARY

	Current Stock Price (TSX:VTX)	$0.40 (August 17, 2022)
	Common Shares Outstanding	110.2 Million
	Stock Options	2.7 Million
	Convertible Debentures	23.1 Million
	Fully Diluted Shares	136.0 Million
	Market Capitalization:	$54.4 Million
	Debt:	$64.2 Million
	Enterprise Value:	$118.6 Million
	2022 Backlog	$254.5 Million
	EBITDA:
	2019	$24.0 Million
	2020	$26.8 Million
	2021	$26.9 Million
	20221	$30.0 Million
	2022 EV/EBITDA1	3.95x
	Price to Net Book Value
	0.9x
	CAGR (EBITDA)	30.23%
	Total Insider Ownership (including	50%
	Convertible Debentures)

1. Per Analysts' Consensus

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VERTEX

Vertex is a leader in integrated environmental solutions. A strategic combination of equipment-based environmental and industrial solutions intermingled with a professional consulting division, providing leading edge scientific expertise to our customers. This combination of practical field applications and industry leading expertise provides a broad base of environmental solutions.

CONSULTING

DEVELOPMENT& ADVISORY

ENVIRONMENTAL PROGRAMS

• COMPLIANCE EMISSION MANAGEMENT

ENGINEERING

ASSET RETIREMENT

& RESTORATION

SERVICES

FLUID MANAGEMENT

& LOGISTICS

INDUSTRIAL CLEANING

& MAINTENANCE

WASTE & RECYCLING

SITE SERVICES

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VERTEX'S ESG BUSINESS MODEL

Vertex's business model, solutions,

and strategy has always been built on:

Enhanced Environmental

Stewardship

Local Community Involvement - Including First Nations

Health & Safety of

Our Employees and Public

Strong Corporate

Governance

Our Suite of Services are Built to Support:

Sustainable Development

Clean Energy Solutions

Emission Reductions

Carbon Compliance

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