Liberty Tire Recycling 2022 ESG Report

Liberty Tire Recycling | 2022 Environmental, Social & Governance Report 25 ACCELERATING ENVIRONMENTAL STEWARDSHIP Longevity of rubber mulch Liberty Tire’s rubber mulch products are used in playground and landscaping applications as an alternative to wood mulch solutions. Although the production of rubber mulch emits 1.7x the greenhouse gases of wood mulch, it lasts approximately 12 years after initial application which is much longer than the annual reapplication of wood mulch that is necessary. Avoided emissions: 134,786 metric tons of CO2-e (over 10 yrs) Improving asphalt products Crumb rubber is added to traditional asphalt mixes to create a better product. Rubberized asphalt adds 3-5 years to an asphalt pavement’s lifecycle as well as being more resistant to cracking and easier and less expensive to install. Avoided emissions: 59,992 metric tons of CO2-e Using rubber for mats vs. virgin materials Liberty Tire’s largest molded product segment by annual volume is in flooring and rubber mats for industries like oil and gas, agriculture, commercial building, gyms and even consumer households. For this product line, Liberty Tire prepares tire crumb to be used as feedstock, which is shipped to manufacturers who make the end product. Avoided emissions: 205,971 metric tons of CO2-e Recovering steel wire from tires Steel wire is removed from the end-of-life tires after shredding. This recovered wire is remelted in steel furnaces to make sheet and long steel products. As a result of Liberty Tire’s recycling efforts, the use of coal, petroleum coke, and other raw materials for the production of steel is reduced. Avoided emissions: 206,134 metric tons of CO2-e Reselling used tires When a consumer replaces one bad tire, they often choose to replace all the tires on the vehicle for consistency, regardless of the condition of the remaining tires. Rather than recycling and processing the tires that are still in good condition, we sell them to customers in the used tire market. Avoided emissions: 167,664 metric tons of CO2-e Replacing fossil fuels with Tire-Derived Fuel (TDF) Due to its high heat output, tire-derived fuel has the ability to replace other fuels in co-fired boilers in pulp and paper mills, cement kilns, and to power electricity plants. This enables these boilers and kilns to use less overall fuel; therefore, avoiding the generation of additional greenhouse gas emissions. Using end-oflife tires instead of traditional fossil fuels reduces greenhouse gas emissions by 20-30% for each ton of coal burned. Avoided emissions: 123,770 metric tons of CO2-e Environmental Benefits to Using Liberty Tire’s Products

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