Helios Fairfax Partners Announces Appointment of Permanent Chief Financial Officer

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TORONTO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) (“Helios Fairfax”, “HFP” or the “company”) today announced that Vitali Harwardt will join the company on November 3, 2025, and will assume the role of Chief Financial Officer (CFO) of Helios Fairfax Partners and its investment manager, Helios Investment Partners (HIP), effective January 1, 2026. Interim CFO, Michael Corcoran, will continue to lead the finance function until December 31, 2025, ensuring a seamless transition.

Mr. Harwardt is an accomplished finance leader with nearly two decades of experience across private equity, listed companies and global operations. He brings a strong track record in capital markets, M&A, tax and strategic finance in multi-jurisdictional environments.

Most recently, Mr. Harwardt served as Managing Director & CFO at EMH Partners, a leading European private equity firm with $1.8 billion in assets under management, where he led finance, accounting, valuation, tax, and risk functions while supporting portfolio company performance and investment activities. Previously, he held the position of Group CFO at Pictus Capital, a technology investment firm with a global portfolio. His public company experience includes serving as Head of Group Accounting, Tax & Reporting at Scout24 AG, an MDAX-listed technology company, and a senior finance role at ProSiebenSat.1 Media SE, a major European media and technology corporation. He began his career at Deloitte and KPMG, where he managed large-scale finance transformation projects and M&A transactions.

Mr. Harwardt holds an MBA from Freie Universität Berlin and is both a qualified Chartered Accountant and Tax Advisor.

"We are thrilled to welcome Vitali as our new CFO," said Tope Lawani and Babatunde Soyoye, Co-CEOs of Helios Fairfax. "His extensive expertise in private equity, public markets and international finance, coupled with his proven ability to deliver operational excellence, makes him exceptionally well-suited to this role. Vitali’s leadership will be instrumental in advancing both HFP and HIP. We would also like to thank Mike, our Interim CFO, for his steady leadership during this period. We are grateful that he and Vitali will overlap for two months to ensure a smooth transition, and we wish Mike the very best in his future endeavours."

About Helios Fairfax Partners Corporation

Helios Fairfax Partners Corporation is an investment holding company whose investment objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa.

Contact Information

For Helios Fairfax Partners
Neil Weber
LodeRock Advisors
neil.weber@loderockadvisors.com
www.loderockadvisors.com

This press release contains forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements may relate to the company’s future outlook and anticipated events or results and include statements regarding plans and objectives of the company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities of the company are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”.

Forward-looking statements are based on our opinions and estimates as of the date of this press release and they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors discussed in the company’s annual information form dated March 28, 2025 which is available on SEDAR+ at www.sedarplus.ca and on the company’s website at www.heliosinvestment.com/helios-fairfax-partners. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the company. These factors and assumptions, however, should be considered carefully.

Although the company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The company does not undertake to update any forward-looking statements contained herein, except as required by applicable securities laws.

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