JPB.L Regulatory News (JPB)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014

JPMORGAN BRAZIL INVESTMENT TRUST PLC (the "Company")

NOTICE OF ANNUAL RESULTS, ANNUAL GENERAL MEETING AND CONTINUATION VOTE

19 June 2020

Legal Entity Identifier: 5493002T5BE3YCTKTE20

Annual Results and AGM

The Company expects to announce its annual results for the year ended 30 April 2020 by the end of July 2020. The Company's next Annual General Meeting ("AGM") will be held at 60 Victoria Embankment, London, EC4V 0JP on 17th September 2020. Further details, including likely restrictions on attendees given the COVID-19 crisis, will be provided in due course.

Continuation Vote

The Company stated in the Chairman's Statement of the 2019 Annual Report that it would voluntarily propose a continuation vote no later than the AGM in September 2020. Accordingly, a resolution will be put to shareholders at the above AGM in connection with the continuation of the Company. This resolution will require over 50% of all votes cast to be in favour of continuation for it to be approved. If the relevant continuation resolution is not passed, the Board of Directors of the Company (the "Board") will be required to put forward to shareholders plans to wind-up, reorganise or reconstruct the Company.

The resolution will be contained in the Company's Notice of AGM that will be sent to shareholders, along with its annual report and will be accompanied by the Board's recommendation to shareholders in respect of voting on the continuation resolution.

The Board has consulted with shareholders and has taken into account feedback received during those discussions and its intention is to recommend that shareholders vote against continuation of the Company. Further details on the background to this decision will be included in the Company's annual report.

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