COMPANY RELEASE

7.9.2022 at 5:15 PM EEST

Betolar Plc's new CEO Riku Kytömäki starts on 1 November 2022

The starting date of Betolar Plc's new CEO, Riku Kytömäki, has been confirmed. He will start in this position on 1 November 2022. Betolar announced Kytömäki's appointment on 12 May 2022 and that he will assume his duties no later than 12 November 2022.

Betolar's current CEO, Matti Löppönen, will continue in his role as planned until Riku Kytömäki assumes his duties.

Betolar Plc

Further enquiries

Matti Löppönen, CEO, Betolar Plc, tel. +358 50 306 6335

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

Certified Adviser:

Aktia Alexander Corporate Finance Oy, +358 50 520 4098

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 innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes. Betolar's mission is to reduce CO2 emissions and the use of virgin natural resources in construction.

Betolar was founded in 2016 and is headquartered in Kannonkoski, Finland. For more information, visit https://www.betolar.com/