JPE.L Regulatory News (JPE)

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ELECT PLC

DECLARATION OF DIVIDENDS

Legal Entity Identifier: 549300FIUYKKL39ILD07

Information disclosed in accordance with DTR 6.1.13

The Directors of JPMorgan Elect plc have declared the following dividends:

Managed Growth Shares

A quarterly interim dividend of 4.75 pence per Managed Growth share, for the fourth quarter of the year ending 31st August 2020, will be paid on 21st September 2020 to shareholders on the register at the close of business on 14th August 2020 (ex-dividend date 13th August 2020).

Managed Income Shares

A quarterly interim dividend of 1.40 pence per Managed Income share, for the fourth quarter of the year ending 31st August 2020, will be paid on 21st September 2020 to shareholders on the register at the close of business 14th August 2020 (ex-dividend date 13th August 2020).

In determining the level of the fourth interim dividend payable by the Managed Income Class, the Board has taken into account the level of dividends received and to be received by the Company and the anticipated dividends for the coming financial year.

The objective of the Managed Income Class remains to provide a growing income return with the potential for long term capital growth, with the aim of increasing total dividends each year by at least inflation. However, the Board highlights that the risk remains of a potentially large negative impact from continuing dividend cuts and cancellations. The Board will keep the level of dividends received, and expected to be received, from portfolio companies under review.

The dividend has not been fully covered by the income earned in the current financial year and therefore the Company has utilised the Managed Income Class revenue reserves which have built up over previous years to support this dividend. After payment of this fourth interim dividend, the Managed Income Class revenue reserve will equate to approximately three quarters of the full year dividend.

Managed Cash Shares

An interim dividend of 0.40 pence per Managed Cash share, for the year ending 31st August 2020, will be paid on 21st September 2020 to shareholders on the register at the close of business on 14th August 2020 (ex-dividend date 13th August 2020).

06th August 2020

JPMorgan Funds Limited - Company Secretary

For further information:

Katie Standley 020 7742 4000

Client Director

Priyanka Vijay Anand 020 7742 4000

Company Secretary