LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN AMERICAN INVESTMENT TRUST PLC (the 'Company')

Changes to the Portfolio Manager team

Legal Entity Identifier: 549300QNAI4XRPEB4G65

As previously announced, Jonathan Simon, the portfolio manager responsible for the value stocks in the Company's large cap portfolio, has given notice that he intends to retire in early 2025. Jonathan will continue with his existing responsibilities until his retirement. Following this announcement, the Board was able to visit the Manager's offices in New York and held a series of meetings with the portfolio managers and other senior members of the Manager's US equities investment team.

As a result of these meetings it has been agreed that Jack Caffrey will work alongside Jonathan on the value stocks in the large cap portfolio and Eric Ghernati will work alongside Felise Agranoff on the growth stocks in the large cap portfolio. The Board believes in the merit of additional portfolio manager resources and considers that the Company will benefit from four portfolio managers (two growth, two value) on the large cap portfolio as a key element of the Company's ongoing management structure.

Jack has 32 years' experience and is a member of the Manager's Value team, which is supported by more than 20 career research analysts. Eric has 24 years' experience and is currently a portfolio manager on a technology fund, as well as having analytical responsibilities covering US technology stocks in the Manager's Growth team, which is supported by over 15 career research analysts.

7th August 2024

For further information, please contact:

Simon Elliott

Priyanka Vijay Anand

JPMorgan Funds Limited - Manager & Company Secretary

Telephone 0800 20 40 20 or +44 1268 44 44 70