Energy Transition Partners B : Carl-Peter Forster to step down from Energy Transition Partners Board following appointment as Chairman of Vesuvius PLC

Carl-Peter Forster to step down from Energy Transition Partners Board following appointment as Chairman of Vesuvius PLC

AMSTERDAM, April 6 - Energy Transition Partners B.V. ("Energy Transition Partners" or the "Company"), a special purpose acquisition company (SPAC) cofounded by Tony Hayward, Alex Beard and Tom Daniel, today announces that Carl-Peter Forster will step down from its Board of Directors effective April 30, 2022, following his appointment as Chairman of Vesuvius PLC.

Mr Forster served as a non-executive director since the Company's initial public offering in July 2021. Since then, he has provided valuable insight and assistance to Energy Transition Partners.

In connection with Mr Forster's resignation from the Board, Mr Forster and the Company have entered into an agreement for the acquisition by the Company of all of the 20,000 ordinary shares in the Company's capital held by Mr Forster, against an aggregate purchase price of EUR 200. The acquisition is expected to close on or around May 2, 2022.

Energy Transition Partners Chairman Leonard Fischer, said, "We thank Carl-Peter for his dedication and engagement to Energy Transition Partners and wish him all the best in his new role as Chairman of Vesuvius. Carl-Peter has been an appreciated and committed member of our Board."

Carl-Peter Forster commented: "My time on the board of Energy Transition Partners has been most valuable and insightful. I want to thank the Board for the open and trust based relationships we have built and I look forward to following the Company's future endeavors with great interest."

IMPORTANT INFORMATION

This press release contains information that qualifies or may have qualified as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This press release is not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, in or into the United States, Canada, Australia, Japan or South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Energy Transition Partners B.V. is a special purpose acquisition company (SPAC) cofounded by Tony Hayward, Alex Beard and Tom Daniel.

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