CT UK Capital And Income Investment Trust Plc announced that As a part of the Board's succession plan, on 21 July 2022, it was announced that Sharon Brown will retire on 31 December 2022, having served on the Board for nine years. Sharon is Chair of the Company's Audit and Risk Committee and her retirement date coincides with the planned completion of the Company's financial reporting process for the year ended 30 September 2022. The Company has benefited immensely from Sharon's wide ranging financial and commercial experience.

As a further part of this plan a search company was commissioned to find a new Director for the Board. Following a thorough selection process, on 21 July 2022, Patrick Firth was appointed to the Board and its committees. Patrick is a qualified Chartered Accountant and a member of the Chartered Institute for Securities and Investment.

He has worked in the fund industry in Guernsey since 1992 and has been, and continues to be, a director of a number of management companies, general partners and investment companies. He is currently Chair of the Audit and Risk Committees of Riverstone Energy Limited, NextEnergy Solar Fund Limited and India Capital Growth Fund Limited.