Company Announcements

14 October 2024

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

Appointment of Independent Non-Executive Director

JTC PLC is pleased to announce that May Hong Mei Knight has accepted appointment as an Independent Non-Executive Director of the Board with effect from 5 December 2024.

Ms. Knight's career spans over three decades in financial services, including banking, insurance, and asset management. Currently, she serves as an Independent Non-Executive Director and Chair of the Board Risk Committee at HSBC's Global Insurance business. Ms. Knight's expertise in risk management, governance, strategy, leadership development, and business growth, along with her commitment to diversity and inclusion, will bring valuable perspectives to the Board. In addition to her role as an Independent Non-Executive Director, Ms. Knight will be appointed as Chair of the Governance & Risk Committee and as a member of the Audit, Remuneration and Nomination Committees.

As previously announced, the Board and Nomination Committee are engaged in an ongoing search for suitable additional Independent Non-Executive Directors to further strengthen the Board and enhance diversity. In addition to Ms. Knight's forthcoming appointment, the Board expects to announce the appointment of a further Independent Non-Executive Director in early 2025. The Company will provide further updates in due course.

Mike Liston, OBE, Chairman of JTC PLC, commented:

"We are thrilled to be welcoming May to our Board in December. Her considerable experience in governance and risk management will be invaluable as we continue to strengthen our operations and pursue our long-term goals. May's track record of developing risk frameworks makes her an outstanding addition to our Board."

Nigel Le Quesne, CEO of JTC PLC, added:

"May brings a wealth of knowledge and a proven ability to drive strategic initiatives and enhance governance practices. Her addition to the Board is perfectly aligned with our commitment to excellence and innovation. I am looking forward to May's contribution as we continue to build on JTC's success."

May Knight stated:

"I am honoured to be joining JTC PLC as a Non-Executive Director and Chair of the Governance & Risk Committee. JTC's dedication to excellence and its forward-thinking approach resonate deeply with me. I am eager to collaborate with the Board and management team to navigate the evolving regulatory landscape and drive sustainable growth."

Board and Committees

Following Ms Knight's appointment on 5 December 2024 the membership of the Board and Board's Committees will be as set out below.

·      Board

Mike Liston, Chair

Nigel Le Quesne, Chief Executive Officer 

Martin Fotheringham, Chief Financial Officer

Wendy Holley, Chief Operating Officer and Chief Sustainability Officer 

Dermot Matthias, Senior Independent Non-Executive Director

Michael Gray, Independent Non-Executive Director

Erika Schraner, Independent Non-Executive Director

May Knight, Independent Non-Executive Director

·      Audit Committee

Dermot Mathias (Chair)

Michael Gray

Erika Schraner

May Knight

·      Governance and Risk Committee

May Knight (Chair)

Dermot Mathias

Michael Gray

Erika Schraner

·      Nomination Committee

Erika Schraner (Chair)

Mike Liston

Dermot Mathias

Michael Gray

Wendy Holley

May Knight

·      Remuneration Committee

Michael Gray (Chair)

Mike Liston

Dermot Mathias

Erika Schraner

May Knight

No further information is required to be disclosed pursuant to Listing Rule 9.6.13R.

Further information:

Miranda Lansdowne

Group Company Secretary

+44 1534 700 000

Miranda.Lansdowne@jtcgroup.com

About JTC

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximize potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.

www.jtcgroup.com