GCP Infrastructure Investments Limited announces the following Board changes. Following Ian Reeves CBE's notification to the Board of his intention to retire as a Non-Executive Director of the Company, as communicated in the Company's 2022 half-yearly report, Ian will retire from the Board effective 31 October 2022. As a result of Ian's retirement, a new Non-Executive Director has been sought.

The Board,after undertaking a thorough and extensive search,announce the appointment of Alex Yew as a Non-Executive Director of the Company with effect from 1 November 2022. Alex will be appointed as a member of the Investment Committee bringing a wealth of experience, specialising in infrastructure and renewable energy investments. He will also become a member of the Management Engagement Committee and the Company's Environmental, Social and Governance Committee, newly formed in June 2022.

This addition to the Board is being made as part of the Company's medium-term Board stability and succession plan. Alex, a United Kingdom resident, is a qualified solicitor in Singapore and in England and Wales. Alex has more than 25 years of work experience as a lawyer, banker and investor.

Until recently, Alex was a Senior Advisor and a Senior Managing Director at John Laing, an international investor in infrastructure and energy assets. Alex worked at John Laing for more than 14 years, during which time he held leadership positions in Project Finance, New Markets, Strategy, Partnerships, Latin America and Europe. He was also a member of the senior leadership team and the Investment Committee.

Prior to John Laing, Alex was a Director in the infrastructure advisory team at CIBC World Markets in London as well as a banker and lawyer in Southeast Asia.