Betolar Plc

Company Release 29 May 2024 at 11:00 AM EEST

Changes in Betolar Plc's Management Team

In 2024, Betolar Plc focuses on growth in the sidestream, mining and metal sectors. To ensure the operational progress in line with the objectives, Betolar will further compress the composition of its Management Team. The company is currently undergoing change negotiations.

The company has agreed together with the members of the Management Team, Chief Technology Officer (CTO) Jarno Poskela and Chief Human Resources Officer (CHRO) Antti Uski that they are leaving their positions in the company. Both will continue in the company's Management Team until 13 June 2024 and be employed by the company until the end of July. "I would like to extend my sincere appreciation to both Jarno Poskela and Antti Uski for their dedicated and productive contributions to Betolar. I wish them both the best of luck in all of their future endeavors", says Tuija Kalpala, President and CEO of Betolar.

Betolar's General Counsel Soila Söderström (Master of Laws) has been invited to join the company's Management Team as of 29 May 2024. Söderström will be responsible for the company's legal affairs, human resources, communications and sustainability. She has been serving as the company's General Counsel and the secretary of the Board and Management Team since 2022. She joined Betolar from Fondia Plc where she was working as a Senior Legal Counsel. She has also previous experience in M&A transactions at Hannes Snellman Attorneys Ltd. "We are determined to develop Betolar's operations and are undergoing the biggest transformation in the company's history. Soila Söderström's experience in leading challenging business related legal issues in various transformation situations will help us to accelerate the achievement of our goals", comments Kalpala.

Betolar Plc

More information

Tuija Kalpala, President and CEO, Betolar, tuija.kalpala@betolar.com

Soila Söderström, General Counsel, Betolar, soila.soderstrom@betolar.com

Certified Adviser:

Aktia Alexander Corporate Finance Oy, +358 50 520 4098

About Betolar

Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar's mission is to help reduce CO₂ emissions and the use of virgin natural resources.

Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world's lowest-emission hollow-core slabs. Betolar's AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information, visit www.betolar.com.