Result of Meeting

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ELECT PLC

GENERAL MEETING 20 JANUARY 2020

RESULT OF POLL AT THE GENERAL MEETING

Legal Entity Identifier: 549300FIUYKKL39ILD07

Further to the shareholder circular dated 20 December 2019 (the "Circular") the Board of JPMorgan Elect plc ("JPM Elect" or the "Company") is pleased to announce that the resolution put to shareholders was voted on by poll and passed.

The resolution was to:

(i) ratify the payment of the Relevant Distributions and authorise the appropriation of the distributable profits of the Company for the purposes of the Relevant Distributions;

(ii) waive any and all claims which the Company has or may have in respect of the payment of the Relevant Distributions against its Recipient Shareholders, such waiver to be effected by way of the entry by the Company into the Shareholders' Deed of Release; and

(iii) waive any and all claims which the Company may have against its Directors and Former Directors, such waiver to be effected by way of the entry by the Company into the Directors' Deed of Release (which shall be a related party transaction for the purposes of the Listing Rules).

The full text of the resolution can be found in the Notice of the General Meeting which is available for viewing at the National Storage Mechanism and can be located at www.morningstar.co.uk/uk/NSM and from the Company's website, www.jpmelect.co.uk.

Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Circular.

The result of the poll on the resolution will shortly be available on the Company's website, www.jpmelect.co.uk.

For further information: