Directorate Change

19 February 2018

LEI: 2138005C7REHURGWHW31

River and Mercantile Group PLC ("the Company") announces the appointment of a new Non-Executive Director

River and Mercantile Group PLC ("the Company") is pleased to announce that John Misselbrook has been appointed as a Non-Executive Director of the Company with effect from 16 February 2018.

John will chair a newly formed Risk Committee of the Board, while Angela Crawford-Ingle will continue to chair the Audit Committee of the Board (previously known as the Audit and Risk Committee).

John currently serves as Chairman of JPMorgan Chinese Investment Trust Plc, Chairman of Northern Trust Global Services Limited and as a Non-Executive Director and Chairman of the Risk and Remuneration Committees of Brown Shipley & Co. Limited.

John has extensive industry experience, including most recently as Chairman of Aviva Investors and as Chief Operating Officer of Baring Asset Management Limited for 11 years.

Mike Faulkner, CEO, said

"I am very pleased that John has agreed to join our Board. He brings a great deal of experience in financial services and asset management to our already strong board. I believe he has a great deal to add as we continue to achieve strong growth in our business, and we are all very much looking forward to working with him."

River and Mercantile Group PLC makes this announcement in accordance with LR9.6.11R and LR 9.6.13R (1).

Sally Buckmaster

Company Secretary

River and Mercantile Group PLC

For further information please contact:

River and Mercantile Group PLC +44 (0)20 3327 5100