Frigoglass I C : 16.12.2020 Frigoglass announces the election of the Audit Committee’s and the Human Resources, Remuneration and Nomination Committee’s members Athens, 16 December 2020 – Following the Extraordinary General Meeting of its Shareholders’ resolution of 14.12.2020 in relation to

Frigoglass announces the constitution of the Audit Committee into a body

Athens, 24 December 2020 - Following its announcement on 16.12.2020, Frigoglass S.A.I.C. ("Frigoglass" or the "Company") informs investors that the Company's Audit Committee, by virtue of its meeting held on 22.12.2020, has been formed into a body as follows:

1. George Samothrakis son of Panagiotis - Chairman of the Audit Committee, third party (non-member of the Board of Directors) and independent;
2. Stephen Bentley son of Donald Henry - Member of the Audit Committee, independent non-executive member of the Board of Directors; and
3. Zulikat Wuraola Abiola daughter of Moshood Kashimawo Olawale - Member of the Audit Committee, independent non-executive member of the Board of Directors.

All the members of the Audit Committee are independent from the Company in accordance with paragraph 1 (d) of article 44 of Law 4449/2017, as in force, while they have sufficient knowledge of the Company's business. Finally, the Chairman of the Audit Committee, Mr. George Samothrakis, has sufficient knowledge and experience of auditing and accounting.

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Frigoglass

John Stamatakos

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Frigoglass

Frigoglass is a strategic partner to beverage brands throughout the world. We are one of the global leaders in the Ice Cold Merchandisers (ICM) market and the principal supplier of glass packaging in the high growth markets of West Africa.

Frigoglass has long-standing relationships with blue chip customers in the soft drinks and beverage

industries. Our bespoke Ice Cold Merchandisers (beverage coolers) enhance our customers' beverage

branding and facilitate immediate beverage consumption. At the same time, our leading innovations in the field of green refrigeration enable our customers to meet their sustainability and carbon emissions reduction targets.

With its footprint, Frigoglass is well established in the more mature European markets while it is evolving and establishing its position in emerging markets. We support our customers through manufacturing facilities in five countries and an extensive network of sales and after-sales representatives.

In our glass bottle business, we are focused on Africa, which is a prime region of investment for our customers. We aim to create value for our customers by building on our position as a leading supplier of glass bottles and complementary packaging solutions in West Africa.

For more information, please visit http://www.frigoglass.com.