Supplement to the invitation to the Annual General Meeting of Betolar Plc

Betolar Plc

Company Release 10 March 2022 at 1.15 p.m. EET

Supplement to the invitation to the Annual General Meeting of Betolar Plc

Betolar Plc supplements the invitation to the company’s Annual General Meeting published on 2 March 2022 at 4:45 p.m. EET. The supplement concerns the proposal for the election of the members and the Chairman of the Board of Directors.

The supplemented proposal:

11. Election of members and the Chairman of the Board of Directors

The Board of Directors proposes to the Annual General Meeting that the following persons be re-elected as members of the Board of Directors for a term beginning at the end of the Annual General Meeting and ending at the end of the next Annual General Meeting:

• Tero Ojanperä (Chairman);
• Soile Kankaanpää;
• Kalle Härkki;
• Inka Mero; and
• Juha Leppänen 

and as a new member:

• Ilkka Salonen.

The above-mentioned candidates have given their consent to the election.

Candidate Ilkka Salonen has acted as the member of the Board of Directors of Metsäliitto Cooperative since 2018. Additionally, he acted as the CFO and the Acting CEO of YIT Plc until 2021. His full resume is available on the Company’s website at https://www.betolar.com/AGM-2022. The current members of the Board of Directors, who are candidates for the Board of Directors, have been introduced on the Company’s website at https://www.betolar.com/board-of-directors.

All candidates are independent of the Company and the Company's significant shareholders, with the exception of Juha Leppänen, who is dependent on the Company and the significant shareholder.

Further information:

Tero Ojanperä, Chairman of the Board of Directors, +358 40 558 3096

Certified Adviser:

Skandinaviska Enskilda Banken AB (publ) Helsinki Branch, +358 9 6162 8000

About Betolar

Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime® solution. The solution converts several previously unused, massive industrial by-products into a cement substitute.

Betolar's artificial intelligence innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes. Betolar’s mission is to enable the green transformation of various industries globally, especially in the construction, process and energy industries by providing solutions to utilise its unique materials technology. For more information, visit https://www.betolar.com/