The Board of JPMorgan Japanese Investment Trust plc announced the appointment of Lord Jonathan Kestenbaum as a non-executive Director of the Company with effect from 1st October 2023. Lord Kestenbaumhas over two decades of private and public markets investing experience across asset classes. Heis anon-executiveDirector of Windmill Hill Asset Management, and an adviser to a range of interests associated with the Rothschild family.

Until 2022, he was the Chief Operating Officer at RIT Capital Partners, the publicly quoted investment trust. In this capacity he served on the Executive Committee of RIT's investment manager, J Rothschild Capital Management. Prior to this, he served as Chief Executive of Five Arrows Limited the private investment vehicle controlled by Lord Rothschild.

During that time, he was also anon-executive Director on the Board of Pershing Square Holdings plc.Lord Kestenbaum was previously Chief Executive of NESTA (the National Endowment for Science, Technology and the Arts). He was born and spent his early childhood in Japan and has therefore taken an active interest in the country, its companies and markets throughout his professional career.