On August 1, 2018, the Board of Directors of the BrightSphere Investment Group plc elected Reginald Love as an independent Director of the Company, effective as of August 1, 2018. Mr. Love has served as a Partner at RON Transatlantic EG. Mr. Love’s work focuses on financial services and energy investments at Transatlantic. Prior to joining Transatlantic, Mr. Love served in the Executive Office of the President of the United States and as a personal aide to President Obama from 2007-2011. Mr. Love will receive cash compensation for his service as a Director in accordance with the Company’s Non-Employee Director Compensation Policy, the components of which were disclosed in the Company’s Proxy Statement for its 2018 Annual General Meeting, filed on April 30, 2018.