Frigoglass I C : announces the constitution of the new Board of Directors into a b

Frigoglass announces the constitution of the new Board of Directors into a body

Athens, 16 December 2020 - Frigoglass S.A.I.C. ("Frigoglass" or the "Company"), following the Extraordinary General Meeting of the Company's Shareholders' resolution of 14.12.2020 in relation to the election of the new Board of Directors, announces today to investors that, pursuant to the Board of Directors' resolution on 15.12.2020, the new Company's Board of Directors has been formed into a body as follows:

1. HARALAMBOS DAVID SON OF GEORGIOS, Chairman of the Board, non-executive member
2. GEORGE PAVLOS LEVENTIS SON OF CONSTANTINE, Vice-Chairmanof the Board, non-executivemember
3. ΝΙΚΟLΑΟS MAMOULIS SON OF GEORGIOS, Chief Executive Officer, executive member
4. LOUKAS KOMIS SON OF DIMITRIOS, non-executivemember
5. IOANNIS COSTOPOULOS SON OF ATHANASSIOS, independent, non-executivemember
6. STEPHEN GRAHAM BENTLEY SON OF DONALD HENRY, independent, non-executivemember
7. IORDANIS AIVAZIS SON OF STERGIOS, independent, non-executivemember
8. PHILIPPE COSTELETOS SON of MARINOS, independent, non-executivemember
9. ZULIKAT WURAOLA ABIOLA DAUGHTER of MOSHOOD KASHIMAWO OLAWALE, independent, non-executive member

The election of the aforementioned Board of Directors members is in alignment with the provisions of the Company's Corporate Governance Code and the Company's Internal Regulation of Operation.

The aforementioned independent non-executive members comply with the criteria of independence provided in article 4 of Law 3016/2002, as has been verified by the Company.

The term of the new Board of Directors of the Company expires on 14.12.2023 and may be extended after its expiry until the end of the deadline within which the next Annual General Meeting must convene, without exceeding four (4) years, according to article 6 para. 3 of the Company's Articles of Association.

Enquiries

Frigoglass

John Stamatakos

Group Treasury and Investor Relations Manager

Tel: [phone]

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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.