 Transaction Provides for a Full Balance Sheet Recapitalization of Vertex Transaction Net Cash Proceeds to Vertex Provide Significant Funding for Organic Inorganic Investments New Pre-Treatment Unit to Expected to Reach 75-100 million of Incremental EBITDA run-rate by year-end 2023 HOUSTON, TX ACCESSWIRE June 29, 2021 Vertex Energy, Inc. NASDAQ:VTNR Vertex or the Company, a leading specialty refiner and marketer of high-quality refined products, today announced that it has entered into a definitive agreement the Agreement to sell its portfolio of used motor oil collection and recycling assets to Safety-Kleen Systems, Inc. Safety-Kleen, a subsidiary of Clean Harbors, Inc. Clean Harbors for a total cash consideration of 140 million, subject to working capital and other adjustments. The transaction is expected to close during the third quarter 2021, contingent upon regulatory clearance, various customary closing conditions and the approval of Vertex shareholders. 