Jupiter Fund Management Plc announces the following changes to its Board of Directors (the "Board") and the membership of various Board committees. Nichola Pease, Jupiter's Non-Executive Chair, has informed the Company of her intention to step down from the Board for personal reasons. The Board has appointed David Cruickshank as Non-Executive Chair of Jupiter and Chair of the Nomination Committee, subject to regulatory approval.

David is currently an independent Non-Executive Director of the Company and Chair of the Audit and Risk Committee. Further to the above changes, Karl Sternberg will act as interim Chair of the Audit and Risk Committee, subject to regulatory approval, and Roger Yates will also join the Audit and Risk Committee. All of the above changes will take place with immediate effect.

A process to identify a permanent Chair of the Audit and Risk Committee is underway and a search to recruit at least one new independent Non-Executive Director will now be undertaken. Nichola was appointed to the Board in 2020 and has led the Company through the integration of Merian Global Investors, against a backdrop of the global pandemic, and the transition to a new Chief Executive last year. She has shown great dedication to Jupiter's business throughout her tenure, in what have been exceptional circumstances.

The Board wishes her all the very best for the future. Following Nichola Pease's decision to step down from the Board of Jupiter, the Company confirms that it is withdrawing the resolution to re-elect her as a Director at the Annual General Meeting ("AGM") to be held on 10 May 2023.