Directorate Change

24 March 2025

LEI: 213800B81BFJKWM2JV13

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

Appointment of New Director

Further to its previously announced succession plans, the Board of Octopus Renewables Infrastructure Trust plc is pleased to announce the appointment of Sally Duckworth as an independent Non-Executive Director of the Company with effect from 21 March 2025. It is expected that Ms Duckworth will assume the chairmanship of the Audit and Risk Committee from the date of the upcoming Annual General Meeting of the Company.

Ms Duckworth has worked in the financial services sector since 1990 and in the venture capital and private equity industry since 2000. She qualified as an accountant with Price Waterhouse before gaining experience in investment banking at J.P. Morgan and early-stage venture capital at Quester Capital Management. She co-founded an angel investor network and has a track record of board and senior operational roles in a range of technology businesses.

Ms Duckworth is currently Chairman of StorMagic Limited, a private software defined storage company, Audit and Risk Chair of JPMorgan Japanese Investment Trust plc, Chair of the UK Sustainability Disclosure Technical Advisory Committee, and Non-Executive Director of Molten Ventures VCT.

Phil Austin, Chair of the Company: "On behalf of all the Directors, I am delighted to welcome Sally to the Board, and we very much look forward to working with her. Sally has extensive experience in the industry and is also an experienced audit committee chair. I am confident that Sally will provide effective chairmanship of the Company's Audit and Risk Committee when she assumes this role in June."

Upon appointment, Ms Duckworth will be a member of all of the Board's committees. Ms Duckworth does not currently hold any shares in the Company. There is no information to be disclosed in respect of paragraphs 6.4.8(1) to 6.4.8(6) of the Financial Conduct Authority's UK Listing Rules.

About Octopus Renewables Infrastructure Trust

Octopus Renewables Infrastructure Trust ("ORIT") is a London-listed, closed-ended investment company incorporated in England and Wales focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets in Europe and Australia. As an impact fund, ORIT is helping accelerate the transition to net zero by investing in green energy, whilst also contributing to a broader set of UN Sustainable Development Goals through its impact initiatives. ORIT's investment manager is Octopus Energy Generation.  

Further details can be found at www.octopusrenewablesinfrastructure.com