Appointment of Chief Executive Officer

City of London Investment Group PLC

21 January 2026

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "CLIG", "the Group" or "the Company")

APPOINTMENT OF CHIEF EXECUTIVE OFFICER

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products is pleased to announce the appointment of Cooper Abbott as Chief Executive Officer and Executive Director with immediate effect. This appointment follows a thorough search process undertaken by the Nomination Committee of the Board.

Cooper Abbott (CFA, CAIA) brings to City of London more than two decades of senior investment management experience that has focused on delivering creative solutions and investment outcomes that meet client needs. Working across a range of leadership roles, Cooper has established growth platforms for a diverse range of investment management businesses and client-types. His experience includes public and private markets, organic and acquisition-led growth, institutional and wealth channels, all with a focus on building scale and global reach in support of investors. 

Cooper served as President and Chairman at Carillon Tower Advisors which he founded and built into a $70+ billion global multi-boutique asset management company providing equity, fixed income and multi-asset class solutions to a range of institutional and retail investors. He also served as Chairman and CEO of Matthews International Capital Management.

There is no further information required to be disclosed pursuant to UKLR 6.4.8R in connection with Cooper Abbott's appointment.

Rian Dartnell, Chairman of CLIG, commented:

"In appointing our next CEO, the Board sought a leader with an investor's mindset, a proven ability to develop high-quality investment businesses, and a firm commitment to upholding CLIG's exacting fiduciary standards. Cooper's depth of experience across asset classes, markets, and client types aligns well with our long-term strategy. He brings sound judgment and a keen focus on empowering teams to deliver outperformance for our clients. The Board is delighted to welcome Cooper to lead CLIG in our next phase of development."

Cooper Abbott commented:

"I am delighted to join City of London and honoured to serve as the firm's next CEO. I have long admired CLIG's unique value proposition, with deep investment and allocation expertise, and commitment to delivering outstanding client service.

I look forward to leading the talented group of professionals at the firm and building on its impressive track record of helping clients achieve their investment goals, while delivering growth opportunities and value for our clients, shareholders, and employees."

For further information, please visit www.clig.co.uk or contact:

Rian Dartnell, Chairman

City of London Investment Group PLC

Tel: 001-203-561-0450

Martin Green, Louisa Waddell

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000