Beta Glass Plc.NSENG: BETAGLAS

Beta Glass plc - press release on changes to the board of directors

· Issued by Beta Glass Plc.
Beta Glass Plc, a member of Helios Investment Partners, announces changes to its Board of Directors Lagos, Nigeria - 09 March 2026 - Beta Glass Plc (Beta Glass or the Company), the leading glass container manufacturer in West and Central Africa, announces the departure of Mr. Emmanouil Metaxakis, Mr. Vassilis Kararizos, Mr. Serge Joris, and Mr. Gagik Apkarian from its Board of Directors. The Board expresses its sincere gratitude for their dedicated service and strategic guidance, which have been instrumental to the Company's growth. We wish them continued success in their future pursuits.

Building on this legacy, Beta Glass is pleased to welcome four distinguished professionals to its Board of Directors. These new appointments bring a diverse combination of industry experience and fresh perspectives that will drive the Company's next phase of innovation and growth:

Mr. Nitin Kaul, (Non-Executive Director) brings over 25 years of global experience in strategy, mergers and acquisitions, restructuring, and business transformation across developed and emerging markets. He is a Partner, Portfolio Operations and member of the Executive Committee at Helios Investment Partners. Prior to joining Helios, he co-founded a boutique advisory firm focused on M&A and operational improvement for private businesses. He previously served as President of diversified industrial and aftermarket businesses at Gates Corporation, where he was part of the executive team that led its sale to Blackstone in 2014. Earlier in his career, he held senior leadership roles at Tomkins and began his professional journey at Arthur Andersen. He currently serves on the boards of several companies across emerging markets. Ms. Olusola Carrena, CFA, (Non-Executive Director) is a highly respected financial services leader with over 23 years of experience across investment banking, private equity, and corporate finance in Africa. She serves as Managing Director (Nigeria) on the Investment Team at Helios Investment Partners, where she oversees deal origination, execution, exits, and portfolio management across sectors. Prior to this, she spent a decade at Stanbic IBTC Capital Limited, rising to Executive Director and Head of Corporate Finance. During her tenure, she led and closed over 30 transactions valued at more than $4 billion across diverse industries including oil and gas, FMCG, financial services, infrastructure, and healthcare. A CFA Charterholder, she holds a Master's degree from the University of Alberta and a First-Class degree from the University of Lagos. Mr. Bolaji Olatunbosun Osunsanya, (Non-Executive Director) is an accomplished CEO, investor, and governance leader with more than 35 years of experience spanning energy, finance, and infrastructure. He previously served as Group CEO of Axxela Ltd., where he led strategic restructuring and significant value growth initiatives. Earlier, he held executive leadership roles at Oando PLC and Access Bank Plc, contributing to business transformation, governance strengthening, and sustainable expansion. He has served on the boards of several publicly listed and private companies, providing oversight in areas of strategy, audit, risk, and corporate governance, and remains an influential voice in Nigeria's energy and financial sectors. Mr. Boye Olusanya, (Non-Executive Director) is a transformative business leader with over three decades of cross-industry experience spanning engineering, telecommunications, manufacturing, and agribusiness. He currently serves as Group Chief Executive Officer of Flour Mills of Nigeria Plc, where he is leading a strategic transformation agenda focused on value chain integration, sustainability, and digital innovation. He previously served as Chief Executive Officer of 9mobile and as Chief Transformation Officer at Dangote Industries Limited, driving enterprise-wide restructuring and operational efficiency programs. He also served as Group Operating Partner at Helios Investment Partners, overseeing performance optimization across portfolio companies. In addition, he is Vice Chairman of the Nigerian Economic Summit Group, contributing to national economic policy dialogue and private-sector development.

The appointments of the five new Directors are subject to the ratification of the shareholders of the Company at the next Annual General Meeting on the 26thof June 2026.



_______________________________ DCSL Corporate Services Limited Company Secretaries About Beta Glass Plc

Beta Glass Plc is a leading manufacturer of quality glass packaging solutions for beverage, pharmaceutical and food industries.

Headquartered in Lagos, Nigeria, the company also exports to Central and West African markets such as Ghana, Burkina Faso, Ivory Coast, etc., serving both regional and international clients with a strong commitment to quality, innovation, and sustainability.

Media Contact:

betaglassplc@minc.ng

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