BBGI Global Infrastructure S. A announced that Frank Schramm has informed the Board of his intention to retire, after 12 years, as member of the Management Board of the Company for personal reasons. The Board is pleased to confirm, effective 31 January 2024, Duncan Ball will continue in his role as sole CEO and he will continue as a member of the Management Board of the Company. Duncan has been Co-CEO with Frank since BBGI's inception in December 2011.

The Board is also pleased to appoint, effective 1 February 2024, Michael Denny as COO alongside his existing CFO duties and he will continue as a member of the Management Board of the Company. Michael is based in Luxembourg and has been CFO since 2012. Furthermore, the Board is pleased that Andreas Parzych will join the Management Board of the Company, effective 31 January 2024, subject to confirmation by the Commission de Surveillance du Secteur Financier ("CSSF"), the main financial regulatory authority inLuxembourg.

As Director, Business Development Europe and North America at BBGI since 2016, Andreas has played an integral part in the implementation of the Company's disciplined growth strategy, and will continue to do so in his new role on the Management Board. Frank and Duncan as Co-CEOs were both instrumental in floating the Company in 2011, leading and working together with Michael and the wider BBGI team to grow BBGI's defensive and globally diversified portfolio from 19 assets at IPO to 56 assets now, all of which are 100% availability-style critical social infrastructure investments.