Result of AGM

CITY OF LONDON GROUP PLC

 (the "Company")

Result of AGM and Appointment of Auditor

6 October 2022

The Company announces that at its Annual General Meeting ("AGM") held earlier today, all the resolutions put to Shareholders were passed by the requisite majority. Resolutions 1 to 11 were passed as ordinary resolutions and Resolutions 12 and 13 were passed as special resolutions.

The Company is pleased to announce that, following shareholder approval at the AGM, the Company intends to appoint PricewaterhouseCoopers LLP as its new statutory auditor.

For further information, please contact:

City of London Group plc

David Jenkins (Chief Financial Officer)

+44 (0)20 3988 6504

Georgina Behrens (General Counsel)

+44 (0)20 3988 6500

Shore Capital (Nominated Adviser and Broker)

Tom Griffiths

Guy Wiehahn

Iain Sexton

+44 (0)20 7408 4090

For media enquiries, please contact:

Paul Beadle (Head of Communications)

 +44 (0)7801 105001

paul.beadle@recognisebank.co.uk