AGM Statement

Amicorp FS (UK) Plc

('AMIF', the 'Company' or the 'Group')

AGM Statement

Amicorp FS (UK) Plc, the international specialist fund services group, announces that at the Company's Annual General Meeting ('AGM') due to be held later today at 3.00pm (BST) at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London, EC3V 0HR, Toine Knipping, the Group's Non-Executive Chairman, will make the following statement:

"Since our FY24 annual results announcement on 25 April 2025, trading has continued to be robust with a solid performance to date in 2025 across all business divisions.

"We are still seeing organic growth from fund clients, as the broader asset management industry faces increased regulation which encourages asset managers to outsource the provision of Fund Administration and Governance and Compliance services.

"Our inorganic growth strategy also continues to bear fruit, following the acquisition of three wholly owned subsidiaries from the Financial Markets and Management Services divisions of Amicorp Group last year. All of these have been successfully assimilated and are now an important part of our growth engine.

"Since the acquisitions announced in late 2024, which strengthened our capital market outsourcing services, including Actively Managed Services ('AMC') and calculation and verification agency services, our BPO division has now seen a further 25+ new clients novate over.

"As an increasing number of clients benefit from the investment we have made in our operating platform, we believe there is an opportunity to drive additional scale over the short to medium term by signing strategic alliance agreements with asset managers in various geographies that can use our systems and processes to improve service delivery.

"We also believe there are several underserved markets, for example, in Eastern Europe, that are lacking in fund administration service providers that can cover the full range of operational and administrative tasks needed by investment funds in that region. This presents a potentially attractive opportunity for AMIF to offer support in these markets and this will be an area of focus during the rest of this year.

"We remain committed to delivering our strategic initiatives, leveraging our expanded capabilities and capturing new growth opportunities and it is pleasing to report that to date in 2025, we have made good progress on all fronts. The market in which we operate is one which presents multiple opportunities thanks to a favourable regulatory and legislative environment and our successful recent organic and inorganic expansion. We intend to take advantage of these opportunities as we continue to build a leading global fund administration business."

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Notes to Editors

AMIF is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital and hedge funds) as well as family offices to provide a suite of specialist services across global markets. AMIF provides local and global expertise to over 560 funds.

AMIF provides a comprehensive and tailored range of services which are all underpinned by market-recognised technology solutions that support clients from a single point of contact.

These include:

· Fund Administration and Investor Services: Fund accounting, fund administration, in-house NAV calculation, investor services including Register & Transfer Agency services, booking of subscriptions & redemptions, audit liaison/support, real time oversight over investment performance.

· Governance and Compliance Services: FATCA and CRS reporting services, Fiduciary, Anti-Money Laundering (AML) officer services in compliance with international rules and regulations including administrative support to the Board and Committees of the Board.

· BPO Services: Simplifying accounting and administration services through automated accounting processes and providing management insight into business operations through regular and consistent management reporting.

For further information please visit www.amicorp-funds.com/chairmans-welcome/