New Independent Chairman appointed for Huhtamaki PPL Ltd. in India

Mr. Suresh Gupta, Executive Chairman, Huhtamaki PPL Ltd retired on December 31, 2018. The Board of Directors of Huhtamaki PPL Ltd has appointed Mr. Murali Sivaraman as Non-Executive Independent Chairman of the Company effective January 1, 2019.

Mr. Sivaraman is an accomplished business leader who has worked for most of his career with global multinational companies including Philips and Akzo Nobel in India, Singapore, China, Canada and the UK. His last position with Philips Lighting was President for Growth Markets based out of Singapore. He has relocated to Mumbai and is presently the Non-Executive Chairman of Philips Lighting India Limited.

Mr. Sivaraman is a Chartered Accountant, MBA from the Indian Institute of Management, Ahmedabad, India and has also completed an Advanced Management Program from Harvard.

The Board of Directors thanks and expresses its appreciation to Mr. Gupta for his dedication during more than three decades with the Company.

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