TORONTO, Sept. 1, 2026 /CNW/ -- The shareholders of GFL Environmental (TSX: GFL) (NYSE: GFL) and SECURE Waste Infrastructure (TSX: SES) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of SECURE Waste Infrastructure will be exchanged for a combination of $4.95 in cash and 0.3356 of a GFL subordinate voting share. SECURE Waste Infrastructure will be removed from the S&P/TSX Composite Index prior to the open of trading on September 4, 2026. The shares outstanding of GFL Environmental will be increased to 422,532,512 with an increased IWF of 0.78 at the same time to reflect the Combination Consideration Election.

For index calculation purposes if SES is suspended from trading on TSX before the removal date, SPDJI will derive the closing price of SES as follows: GFL closing price * 0.3356 merger ratio plus C$4.95 cash.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500^® and the Dow Jones Industrial Average^®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices LLC.