After serving on the Board for nine years, Marion Sears will step down from the Board of Fidelity European Trust PLC at the conclusion of the AGM on 10 May 2022. She takes with her very best wishes for the future. As Marion's successor, Milyae Park was appointed a non-executive Director on 1 January 2022.

Milyae is a non-executive Director of the Museum of London and chairs the related Museum of London (Trading) Ltd. Board, which governs the Museum's commercial interests. Prior to this, she held senior global executive positions in a career that has spanned investment banking, financial services, retail and fashion, after beginning her career as a Chartered Accountant in the US. She holds an MBA from The Wharton School.

Paul Yates has agreed to succeed Marion as Senior Independent Director with effect from 10 May 2022.