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May 2, 2023

Isla Perttula Corporation Advances Perttula Community Master Plan

PERTTULA, Texas, May 2, 2023 -- Isla Perttula Corporation (NYSE: IPC) today announced progress on its Perttula Community Master Plan, a ten-year program of investment in housing, streets and public spaces in the Perttula community.

Milestones in the first half of 2023 include the renovation of 86 residential units on Oakes and Varela Streets, resurfacing of Cardwell Boulevard, the opening of an expanded pharmacy at the Perttula Community Clinic, and the completion of a boundary adjustment with the City of Perttula.

"Perttula is where our story began, and investing in it is investing in our people," said Deborah A. Kline, Vice President, Community Services.

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About Isla Perttula Corporation
Isla Perttula Corporation (NYSE: IPC) is a diversified industrial company producing advanced materials, chemicals and energy from an integrated site on the Texas Gulf Coast.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. The Company undertakes no obligation to update any forward-looking statement.

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