BIRMINGHAM, Ohio, January 18, 2022 – Bettcher Industries, Inc. ('Bettcher'), a leading developer and manufacturer of innovative machinery and automation solutions for the food processing industry, announced today that Josh Stiever has been appointed President of Bettcher. Mr. Stiever was most recently President of the Process Solutions Group, a business unit within Bettcher, and joined the organization in April 2022. In his new role, Mr. Stiever will oversee the businesses in the Bettcher portfolio, including the Bettcher Tooling Group and the Process Solutions Group, and will report to Interim CEO Kevin Layne. Bettcher is part of the food processing equipment automation platform owned by KKR, which also includes Frontmatec, a leading full-line equipment supplier and automation solutions provider. “I am honored to be asked to lead Bettcher during this important time in the company’s history. Over the last 10 months, I have had the pleasure of working closely with other leaders and colleagues across the organization and have seen firsthand what an incredible team this is,” said Mr. Stiever. “Bettcher is positioned for an exciting next chapter of growth and I am thrilled to lead this team as we build on our market-leading reputation and accelerate our innovation capabilities to continue to deliver for our valued customers.” Prior to joining Bettcher, Mr. Stiever was an executive with IDEX Corporation (NYSE:IEX) where he was most recently the President of the company’s Viking Pump, Warren Rupp and Wrightflow Technologies businesses. Before IDEX, he held a number of roles at The Marmon Group and at Illinois Tool Works (NYSE:ITW). Dan Daniel, Chairman of Bettcher and Executive Advisor at KKR, said, “I am thrilled to continue working with Josh in this new role and am excited for him to contribute as President of Bettcher. Josh is a proven operator, and we are confident that his leadership combined with Bettcher’s customer focus and technical capabilities will drive continued success for Bettcher and its customers.” About Bettcher Industries Headquartered in Birmingham, Ohio, Bettcher is a leading developer and manufacturer of innovative equipment in the food processing and medical device industries. The Bettcher portfolio includes the following: Bettcher, a designer and manufacturer of handheld trimmers, tools, and cutting consumables for all protein applications; Cantrell-Gainco, a manufacturer of processing equipment and yield enhancement and yield tracking systems for various protein operations; and ICB Greenline, an aftermarket replacement parts and services company focused on poultry processing. For more information, please visit https://www.bettcher.com/en About Frontmatec Headquartered in Kolding, Denmark, Frontmatec is a leader in end-to-end automated solutions for the red meat processing industry. Frontmatec serves customers worldwide through its global manufacturing and service footprint, including many of the world’s largest red meat processors. It is a full-line supplier of processing equipment, parts and services, instruments as well as controls software, which help solve key issues pertaining to yield, health and safety, animal welfare, food quality and more. In 2022, Frontmatec joined forces with Bettcher Industries, a Unites States-based leading developer and manufacturer of innovative equipment in the food processing and medical device industries. For more information, please visit: https://www.frontmatec.com/en.