3 January 2025

For immediate release

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, Canada, Australia (other than to persons who are both wholesale clients and professional or sophisticated investors in Australia), Japan, the Republic of South Africa or any other jurisdiction where its release, publication or distribution is or may be unlawful.

Pantheon International Plc

("PIP" or the "Company")

Appointment of two Non-Executive Directors

The Board of PIP is pleased to announce the appointment of Tim Farazmand and Tony Morgan as Non-Executive Directors of the Company and members of the Audit, Management Engagement and Nomination Committees with effect from 3 January 2025.

Tim Farazmand is a seasoned investment and private equity professional with over 33 years of executive experience, including senior investment roles at Lloyds TSB Development Capital, Royal Bank Private Equity and 3i PLC, and a subsequent nine years of non-executive board experience.  Tim is currently a Director of Baronsmead Second Venture Trust plc and Ricardo PLC and sits on several investment advisory boards. He has sat previously on a range of consumer, trade association and B2B businesses boards as Non-Executive Director and was the Chair of the British Private Equity and Venture Capital Association (BVCA) in 2014-2015.  

Tony Morgan is also an experienced investment and private equity professional with 29 years of executive experience. He has held senior investment roles at a range of financial institutions, including Chief Investment Officer at British International Investment Plc (formerly CDC Group plc), and private equity firms Onex Corporation and Permira. He was also Managing Director, Private Equity, at the Canada Pension Plan Investment Board (CPPIB) in Toronto, where he oversaw a large portfolio of private equity investments.

There are no other details or disclosures to be made which are required under LR 6.4.8R of the Financial Conduct Authority's Listing Rules for the appointments of Tim Farazmand and Tony Morgan.

John Singer CBE, Chair of PIP, commented: "I am delighted that Tim and Tony have agreed to join the Board of PIP. Both Tim and Tony bring extensive leadership, investment, and strategic experience, particularly in private equity, which will be highly additive to the impressive range of skills, diversity and talent that already exist on PIP's high-quality Board. We look forward to welcoming them as we continue to implement our three step corporate strategy that puts PIP's shareholders first."

Ends

LEI: 2138001B3CE5S5PEE928

For more information please visit PIP's website at www.piplc.com or contact:

Pantheon

Helen Steers / Charlotte Morris / Vicki Bradley

Tel: +44 20 3356 1800

Follow us on LinkedIn: https://www.linkedin.com/company/pantheon-international-plc

NOTES

PIP

PIP is a listed FTSE 250 private equity investment trust, overseen by an independent Board of Directors and managed by Pantheon, one of the leading private equity investment managers globally. PIP offers investors a liquid, differentiated entry point to the excellent growth potential of global private equity, with access to the primary, secondary and co-investment opportunities of some of the best managers in the world. The Company has a track record of NAV outperformance over the long term and manages risk strategically through diversification and rigorous selection based on Pantheon's extensive experience and international platform, and robust investment due diligence and decision-making processes.

Pantheon

PIP is managed and advised by Pantheon, a specialist global private markets investor. Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, across private equity, real assets and private credit. The firm has partnered with more than 650 clients, with approximately $68bn in discretionary assets under management (as at 30 June 2024).

Important Information

A copy of this announcement will be available on the Company's website at www.piplc.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.