JPMorgan European Discovery Trust plc announced that Jon Ingram, Jack Featherby and Jules Bloch will be appointed as named Portfolio Managers with effect from 1 March 2024, replacing Francesco Conte and Edward Greaves. This follows an internal review of the portfolio management team and its investment process led by the JEDT Board of Directors (the "Board") and J.P. Morgan Asset Management ("JPMAM"). Jon Ingram is a highly experienced investor, with 24 years' experience with JPMAM, and a strong record of outperformance.

The existing strategies on which Jon is a named portfolio manager have outperformedtheir respective benchmark for each of the 3, 5 and (where available) 10-year periods, and overall since inception. The Board is delighted to welcome Jon, Jack and Jules as named managers of the Company portfolio. With Jon's extensive experience, strong long-term outperformance record and the team's collective 37 years of experience on the J.P. Morgan Asset Management investment platform, the company confident the Company is well positioned to take advantage of the exciting growth potential of the dynamic and often overlooked European small-cap market.

Jon Ingram, Managing Director, is Head of the Unconstrained team within the JPMAM's International Equity Group, based in London. The Unconstrained team includes JPMAM's UK and European mid and small cap specialist investors. An employee since 2000, Jon joined the firm as a graduate trainee having obtained an M.Eng in Metallurgy and Science of Materials from the University of Oxford and is a CFA charterholder.

  Jack Featherby, Executive Director, is a portfolio manager in JPMAM's European small cap specialist investment team and currently manages a number of European small cap mandates, both in fund structures and in segregated mandates. An employee since 2018, Jack previously held merger and acquisitions advisory roles with Rothschild and Wells Fargo. Jack holds an M.Eng in Materials, Economics and Management from the University of Oxford.

Jack is a CFA charterholder.   Jules Bloch, Vice President, is a portfolio manager in JPMAM's European small cap specialist investment team and currently manages a number of European small cap mandates, both in fund structures and in segregated mandates. An employee since 2017, Jules was previously an investor analyst within J.P.Morgan Private Bank.

He holds a Master's in Management from the EDHEC Business School and Diploma in Accounting and Finance from the London School of Economics and Political Science. Jules is a CFA charterholder.