Glenn W. Beaumont joins KTI Limited Board of Advisors

Oct

3

2016

 A veteran corporate executive of theCanadian Energy industry, Mr. Beaumont will provide KTI with strategic advice and dynamic industry perspectives as the company continues to expand its product and services offerings to the Canadian energy and water markets. Glenn joinsexisting Board of Advisor members, Dean Iwai, President, KTI Limited, Chris Teehan, Executive Vice President, KTI Limited, Steve Lovisotto, Vice President of Finance, KTI Limited and Darryl Iwai, President of Fountain Hills Investments Ltd. Glenn's appointment is effective October 3, 2016.

KTI Limited was founded by Kenneth T. Iwai in 1988 and has grown into an innovative industry leader specializing in the distribution of high quality and energy efficient products servicing the natural gas, oil, electricity and water markets. Representing top product manufacturers in these markets, KTI provides sustainable value to customers through long-term partnerships. Working collaboratively, KTI finds innovative ways to improve service levels, streamline business processes, and reduce costs. KTI has remained agile and flexible enough to adapt to customers changing requirements while developing sophisticated business models ensuring the highest quality of sales and customer service. The company brings unparalleled and sustainable value to its customer and supplier base. KTI Limited is a privately held company with headquarters in Aurora, Ontario, Canada. The company has additional logistics and warehousing facilities in Calgary, Alberta and Uxbridge, Ontario.

Glenn W. Beaumont – Member, Board of Advisors

Glenn Beaumont served as Executive Advisor of Gas Distribution and Power at Enbridge Inc. from June 1, 2016 to August 1, 2016, served as the President of Gas Distribution at Enbridge Inc. since October 1, 2013 and was responsible for the overall leadership and operations of Enbridge Gas Distribution, Canada’s largest natural gas utility, as well as Enbridge Gas New Brunswick, Gazifère and St. Lawrence Gas. Mr. Beaumont also served as Senior Vice President of Operations from October 2010 until October 2013 and prior thereto, served as Senior Vice President of Operations and Vice President of Engineering.

Glenn also served as past Chair, Board of Directors of the Mackenzie Health Foundation. A registered professional engineer in Ontario, he graduated from Queen’s University, in Kingston, Ont., with a degree in Chemical Engineering. Mr. Beaumont holds a Master of Business Administration degree from the University of Toronto.

Darryl A. Iwai – Member, Board of Advisors

Darryl Iwai is a Canadian entrepreneur and investor. Mr. Iwai is the Executive Chairman and Co-Owner of D Films Corporation and has held the position since joining the Board of Directors in 2010. Mr. Iwai has a long history not only in the energy and real estate sectors, but also in the entertainment industry, having formerly served as President of PolyGram Filmed Entertainment Canada, where he spearheaded the organization's growth initiatives. Subsequent to his tenure at PolyGram, Mr. Iwai served as President of Worldwide Distribution for Signpost Films, an international production and distribution company based in London andLos Angeles. Darryl started his career in film in 1988 with Orion Pictures and MGM/UA Home Entertainment. A CPA and CA, Mr. Iwai also holds a B.Comm. from the University of Toronto. He is also a shareholder and board member of KTI Limited and Fountain Hills Investment Ltd.

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