Glatfelter Corporation announced proposed merger of the majority of Berry Global?s Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films (?HHNF?) business with Glatfelter, announced key leadership appointments, in addition to the previously announced appointment of Mr. Curt Begle, Berry?s current President of Health, Hygiene & Specialties division, as the Chief Executive Officer of the newly combined company (?NewCo?). Mr. Kevin M. Fogarty will continue to serve Glatfelter in the role of Non-Executive Chair of the Board of Directors of NewCo. Since August 2022, Kevin has served as the Non-Executive Chair of Glatfelter?s Board of Directors and has been an integral part of Glatfelter?s business since joining the Company?s Board in 2011.

Kevin has extensive leadership experience having served as President, Chief Executive Officer and Director of Kraton Corporation, Inc. until his retirement in March 2022. Also, Kevin currently serves as non-executive Chair of the Board of Directors for Ecovyst Inc. He is also a director of OPAL Fuels, Inc. Mr. James M. Till (Jim) will be appointed to the role of Executive Vice President, Chief Financial Officer & Treasurer for NewCo, effective upon the closing of the proposed transaction. Jim currently serves as the Executive Vice President and Controller (Principal Accounting Officer) of Berry.

Jim joined Berry in 2008 as Director, Corporate Accounting, then progressed to Vice President, Finance & Treasury in 2010, before moving into his current role in 2014. As Executive Vice President, Chief Financial Officer & Treasurer for NewCo, Jim will oversee all finance and accounting functions, including tax, treasury, and planning, and will report directly to Curt Begle, CEO of NewCo. In addition, Mr. Tarun Manroa will be appointed to the role of Executive Vice President, Chief Operating Officer for NewCo, effective upon the closing of the proposed transaction.

Tarun currently serves as the Executive Vice President and Chief Strategy Officer for Berry where he leads the Corporate Development /M&A, Global Procurement, Branding & Marketing, and Sustainability functions. Tarun joined Berry in 2005 in an engineering role and progressed through roles in plant leadership, product management, and supply chain. Prior to his current role, Tarun had P&L responsibilities as the Executive Vice President & General Manager for Berry?s Engineered Materials Division.

Mr. Ramesh Shettigar, Glatfelter?s current Senior Vice President, Chief Financial Officer & Treasurer, along with Mr. Boris Illetschko, Glatfelter?s Senior Vice President, Chief Operating Officer, will continue in their respective roles until the consummation of the proposed transaction. Both Mr. Shettigar and Mr. Illetschko will play a vital role in operating Glatfelter?s business in preparation for the integration of the combined business.