Page 1

Ⓡ enviva NEWS RELEASE Enviva Partners Announces 24th Consecutive Quarterly Distribution Increase , Reports Second- Quarter 2021 Results , and Reaffirms Guidance 7/28/2021 BETHESDA , Md .-- ( BUSINESS WIRE ) -- Enviva Partners , LP ( NYSE : EVA ) ( " Enviva , " the " Partnership , " " we , " " us , " or " our " ) today announced the declaration of its 24th consecutive quarterly distribution increase and reported financial and operating results for the second quarter of 2021. Additionally , the Partnership reaffirmed its previously announced full - year 2021 and 2022 guidance . Highlights : • • For the second quarter of 2021 , the Partnership declared a distribution of $ 0.815 per common unit , a 6.5 % increase over the second quarter of 2020 and its 24th consecutive quarterly distribution increase since its IPO For the second quarter of 2021 , the Partnership reported net income of $ 2.6 million , adjusted net income of $ 9.8 million , and adjusted EBITDA of $ 48.9 million . Adjusted EBITDA increased by 30.7 % over the same period in 2020 • The Partnership completed the previously announced acquisitions of the fully contracted Lucedale plant and Pascagoula terminal and associated equity financing • The Partnership reaffirmed full - year 2021 and 2022 financial guidance , which includes per - unit distributions of at least $ 3.30 and $ 3.62 , respectively , each before considering the benefit of any additional drop - downs or other acquisitions • The Partnership's sponsor announced the signing of a new 17 - year take - or - pay off - take contract to supply a major Japanese trading house with 210,000 metric tons per year ( " MTPY " ) of wood pellets . Deliveries under the contract are expected to commence in 2025 1