GFL Environmental Inc. 2025年度报告

Corporate Creations Network Inc.3411 Silverside Road, Tatnall Building, Suite 104Wilmington, DE 19810(302) 351-3367(Name, address (including zip code) and telephone number (including area code) Table of Contents For annual reports, indicate by check mark the information filed with this Form:☒Annual information form☒Audited annual financial statements Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the At December 31, 2025, 346,110,312 subordinate voting shares, 11,812,964 multiple voting shares, 4,867,006Series A perpetual convertible preferred shares and 8,196,721 Series B perpetual convertible preferred shares Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theExchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for Yes☒No☐ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate bycheck mark if the registrant has elected not to use the extended transition period for complying with any new or Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment ofthe effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 Yes☒No☐ If securities are registered pursuant to Section 12(b) of the Exchange Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financial Yes☐No☒ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive - based compensation received by any of the registrant’s executive officers during the relevant recovery Yes☐No☒ TABLE OF CONTENTS INTRODUCTION DISCLOSURE CONTROLS AND PROCEDURES AUDIT COMMITTEE FINANCIAL EXPERT4 CODE OF ETHICS4 PRINCIPAL ACCOUNTANT FEES AND SERVICES4 SIGNATURES EXHIBIT INDEX Table of Contents INTRODUCTION In this annual report on Form40-F for theyear ended December31, 2025, all references to “GFL”, “we”, “our”, “us”,“the Company” or similar terms refer to GFL EnvironmentalInc. and its consolidated subsidiaries. DISCLOSURE CONTROLS AND PROCEDURES The information provided under the heading “Disclosure Controls and Procedures” contained in the Company’sManagement’s Discussion and Analysis for the fiscalyear ended December31, 2025, filed as Exhibit99.2 to this INTERNAL CONTROL OVER FINANCIAL REPORTING Management’s annual report on internal control over financial reporting The information provided under the heading “Management’s Annual Report on Internal Control Over FinancialReporting”, contained in the 2025 MD&A, is incorporated by reference herein. Auditor’s attestation report on internal control over financial reporting The effectiveness of our internal control over financial reporting as of December31, 2025 has been audited by KPMGLLP, an independent registered public accounting firm, as stated in their report which appears on pageF-6 of theCompany’s audited annual consolidated financial statements for the fiscalyear ended December31, 2025, filed as Changes in internal control over financial reporting The information provided under the heading “Changes in Internal Control Over Financial Reporting”, contained in the2025 MD&A, is incorporated by reference herein. AUDIT COMMITTEE FINANCIAL EXPERT The information provided under the heading “Directors and Officers- Committees of our Board of Directors- TheAudit Committee” identifying the Company’s Audit Committee Financial Experts, and confirming the independence ofthe Audit Committee Financial Experts, contained in the Company’s Annual Information Form(dated February 18, CODE OF ETHICS Our board of directors has adopted a written code of ethics (the “Code of Ethics”) which applies to all of our officers(including our principal executive officer, principal financial officer, principal accounting officer and/or controller),directors, employees, contractors and agents, acting on behalf of us. We have posted a current copy of our Code ofEthics on our investor relations website at http://investors.gflenv.com under “Governance Documents” in the“Sustainability” section. We granted no waivers under the Code of Ethics in 2025. We intend to satisfy the disclosure PRINCIPAL ACCOUNTANT FEES AND SERVICES Our auditor is KPMG LLP (Toronto, ON, Canada, Auditor Firm ID: 85). The information provided under the heading “Dir