Asbestos Corporation Limited announced that during its Annual Meeting of Shareholders held on May 28, 2021 in Thetford Mines, Quebec, Mr. Guy Bérard was elected to the Board of Directors. Guy Bérard has been employed by Arborite inc., where he held various positions before becoming President and General Manager from 1994 to 2002, under several owners such as, Domtar, Forbo ag, Wilsonart International and ITW respectively. From 2002 to 2005, he was Vice-President and General Manager, kitchen sector, of MAAX Inc. and President and CEO of Rad Technologies Inc., from 2008 to 2017, hired by a private equity owner to implement the company's turnaround in order to prepare it for sale, and General Manager of Comité organisateur de la 53e Finale des Jeux du Québec - Thetford 2018. Involved in the community, he was also President of le Groupe des 12 and Ambassador of E2RT. In September 2020, Mr. Guy Bérard, a Board member of the parent company, Mazarin Inc., since May 2018 and Executive Vice President of both Companies since August 2019, was appointed President of these Companies. It is appropriate that, as President, he also be a member of the Board" said John LeBoutillier, Chairman of the Board.