Ashmore Group PLC

Board/Management Information • Mar 21, 2022

National Storage Mechanism | Additional information

RNS Number : 4616F

Ashmore Group PLC

21 March 2022

Ashmore Group plc

21 March 2022

DIRECTORATE CHANGE

Ashmore Group plc ("Ashmore" / the "Company") today announces that after more than seven years' service on the Board of Directors (the "Board") of Ashmore, including over three years as Chair, David Bennett will be stepping down both as a Non-Executive Director and Chair of the Company on 20 April 2022. The Board would like to take this opportunity to thank David for his significant contribution during his tenure.

After due consideration, the Nominations Committee has concluded that Clive Adamson, who has served as a Non-Executive Director since 2015 and is currently the Senior Independent Director, will succeed David as Chair of the Company and Chair of its Nominations Committee, in addition to continuing as Chair of the Audit and Risk Committee, from 21 April 2022.

The appointment of Clive as Chair of the Nominations Committee is subject to regulatory approval from the Financial Conduct Authority. Ashmore is in the process of identifying a successor to assume the role of Chair of the Audit and Risk Committee in order to ensure compliance with the UK Corporate Governance Code.

As a consequence of these changes, the structure of the Board Committees with effect from 21 April 2022 will be as follows:

Audit and Risk	Remuneration	Nominations
Clive Adamson (Interim Chair)	Helen Beck (Chair)	Clive Adamson (Chair)
Helen Beck	Clive Adamson	Helen Beck
Jennifer Bingham	Jennifer Bingham	Jennifer Bingham

Ashmore also announces that Jennifer Bingham will assume the role of Senior Independent Director from 21 April 2022 and Clive will step down from this role with effect from the same date.

Ashmore's Legal Entity Identifier (LEI) is 549300U3L59WB4YI2X12.

For further information please contact:

Ashmore Group plc

Paul Measday

Investor Relations                 +44 (0)20 3077 6278

FTI Consulting

Neil Doyle                             +44 (0)7771 978 220

Kit Dunford                           +44 (0) 7717 417 038

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAFFLFLLXLEBBK