2 February 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.

FOR IMMEDIATE RELEASE

Jupiter Fund Management plc ("Jupiter" or "the Group")

Completion of Acquisition of CCLA Investment Management Limited ("CCLA")

Further to the announcement of 10 July 2025 in relation to the proposed acquisition of CCLA (the "Acquisition"), Jupiter is pleased to confirm that all necessary regulatory approvals have been received and the Acquisition completed on 2 February 2026.

Jupiter reiterates its initial target for run-rate cost synergies on a fully integrated basis of at least £16 million per annum, as set out in its announcement relating to the Acquisition on 10 July 2025, on the same basis and subject to the assumptions set out in that announcement. This target is expected to be fully realised by the end of 2027.

As at 31 December 2025, CCLA had assets under management of £15.0 billion.

For further information please contact:

Jupiter                                                                                                

Alex James - Investor Relations                                                                          +44 20 3817 1636

Victoria Howley - Media relations                                                                        +44 20 3817 1657

Fenchurch Advisory Partners                                                                        +44 20 7382 2222
(Financial Adviser to Jupiter)
Vincent Bounie

Philip Evans

                                                           
Edelman Smithfield

(Financial Communications Adviser to Jupiter)                                           
Andrew Wilde                                                                                                    +44 7786 022 022

LEI Number: 5493003DJ1G01IMQ7S28

Forward-looking statements

Certain statements in this announcement are, or may be deemed to be, "forward-looking statements". Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Jupiter and CCLA about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

The forward-looking statements contained in this announcement include statements relating to the expected effects of the Acquisition on Jupiter and CCLA or the combined Group (including their future prospects, developments and strategies), the expected timing and scope of the Acquisition and other statements other than historical facts. Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects" or "does not expect", "is expected", "is subject to", "budget", "projects", "strategy", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Although Jupiter and CCLA believe that the expectations reflected in such forward-looking statements are reasonable, Jupiter and CCLA can give no assurance that such expectations will prove to be correct. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements.

Neither Jupiter and CCLA, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur. You are cautioned not to place any reliance on these forward-looking statements. Other than in accordance with their legal or regulatory obligations, neither Jupiter nor CCLA is under any obligation, and Jupiter and CCLA expressly disclaim any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No profit forecasts, estimates or quantified financial benefits statements

No statement in this announcement is intended as a profit forecast, profit estimate or quantified financial benefits statement for any period and no statement in this announcement should be interpreted to mean that earnings or earnings per share for the combined Group, Jupiter and/or CCLA for the current or future financial years would necessarily match or exceed the historical published earnings or earnings per share of Jupiter or CCLA.

Rounding

Certain figures included in this announcement have been subjected to rounding adjustments.

Disclaimer

Fenchurch Advisory Partners LLP ("Fenchurch"), which is authorised and regulated by the FCA in the UK, is acting as financial adviser exclusively for Jupiter and no one else in connection with the Acquisition and will not be responsible to anyone other than Jupiter for providing the protections afforded to clients of Fenchurch or its affiliates, or for providing advice in relation to the Acquisition or any other matters referred to in this announcement.