The Board of Utilico Emerging Markets Trust plc announced the appointment of Ms. Nadya Wells as an independent non-executive director with effect from 1 September 2024. This appointment follows a search and selection process managed by an external independent recruitment consultancy. Ms. Wells has over 25 years' emerging and frontier markets experience as a long-term investor and governance specialist.

She spent 13 years with the Capital Group as a portfolio manager and analyst with a focus on global emerging markets. Prior to that she was a portfolio manager at Invesco Asset Management investing in public and private equity. She was previously a member of the board of Eastnine AB and is currently a non-executive director of Hansa Investment Company Limited and Barings Emerging EMEA Opportunities plc as well as unlisted SICAVs in Luxembourg, managed by abrdn and M&G. She has an MBA from INSEAD.

As at the date of this announcement Ms. Wells has no interests in the shares of the Company.