Russian Court Order - Update

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC

('the Company' or 'JEMA')

Legal Entity Identifier: 549300II3MHI98ZLVH37

Russian Court Order - Update

Further to the Board's previous RNS announcements regarding the lawsuits filed by VTB Bank in Russia claiming $81.3 million, $74.5 million and €108 million and the lawsuit filed by Sberbank in Russia claiming $830,183 against eight J.P. Morgan legal entities and the Company (announced on 3rd January 2025, 3rd July 2025, 25th March 2025 and 20th February 2025 respectively), the Board announces the following updates from JPMorgan Funds Limited (the Company's Manager) (in italics):

"The court hearings in Russia have been postponed and the following new dates have been assigned:

VTB Bank claim ($81.3 million): 30th July 2025

VTB Bank claim ($74.5 million): 24th September 2025

VTB Bank claim (€108 million): 27th August 2025

Sberbank claim ($830,183): 8th September 2025

J.P. Morgan continues to take appropriate legal and regulatory steps, including, where applicable, challenging claims and appealing judgments. We understand that the protections afforded by Russian domestic legislation, in the context of client assets, including Decree 8, remains in place. Whilst the specifics of any impact of these claims or their enforcement on clients' assets would need to be considered on a case-by-case basis, they may constitute a Force Majeure and / or Country Risk event (as defined in the contracts that clients have with J.P. Morgan).

We will continue to provide further updates to our clients as the situation develops."

The Board will provide further updates as the cases progress.

17th July 2025

For further information:

Paul Winship, Neil Martin, JPMorgan Funds Limited 0800 20 40 20

Hugh Jonathan, Deutsche Numis 020 7260 1000