Keystone Positive Change Investment Trust plc (KPC)

Appointment of Director

The Board of Keystone Positive Change Investment Trust plc ('the Company') is pleased to announce the appointment of Ranjan Ramparia as a non-executive Director of the Company with effect from 1 October 2024.

Ms Ramparia is a qualified Chartered Accountant and experienced business professional. Her background is in corporate finance and investment management. She started her career in 1992 with PricewaterhouseCoopers working in the financial services audit, valuations and corporate finance divisions. Her early career was as a fund manager with Knox D'Arcy Investment Management, and she has over 14 years' experience of investing in UK equities, including investment trusts and private equity. She has significant experience of regulatory and compliance matters having worked in the asset management sector and served on the boards of regulated companies.  

Ms Ramparia is currently an independent advisor and finance professional. She is a non-executive director and audit chair of Northern 2 VCT PLC and a non-executive director and audit chair designate at JP Morgan Global Emerging Markets Income Trust PLC.  

Karen Brade, Board Chair, commented "We are delighted that Ranjan has agreed to join the Board and are confident that she will provide the same excellent service as Audit Committee Chair following Ian Armfield's retirement at the 2025 AGM."

The appointment of Ms Ramparia is subject to ratification by shareholders at the Annual General Meeting of the Company to be held in 2025.

She does not currently own any shares in the Company.

There is no further information required to be disclosed under Listing Rule 9.6.13.

Baillie Gifford & Co Limited

Managers and Secretaries

19 August 2024

Legal Entity Identifier: 5493002H3JXLXLIGC563

Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws