20 June 2022

SERAPHIM SPACE INVESTMENT TRUST PLC

("Seraphim Space" or "the Company")

Committee Membership Changes and Appointment of Senior Independent Director

Seraphim Space Investment Trust plc (LSE: SSIT), the world's first listed SpaceTech Fund, announces, in accordance with Listing Rule 9.6.11, the following changes to the membership of the Board's Committees with effect from the conclusion of the Company's first Annual General Meeting:

·    Angela Lane will succeed Christina McComb as Chair of the Audit Committee; and

·    Christina McComb will succeed Will Whitehorn as Chair of the Management Engagement Committee.

In accordance with UK Listing Rule 9.6.11, the Company also announces that Sue Inglis has been appointed as Senior Independent Director with immediate effect.

Sue has been a Non-Executive Director of the Company since June 2021.  She is a member of the Audit Committee and Management Engagement Committee and Chair of the Remuneration and Nomination Committee.

- Ends -

Media Enquiries

Seraphim Space Manager LLP (via SEC Newgate)
Mark Boggett, CEO / James Bruegger, CIO / Rob Desborough           

SEC Newgate (Communications advisers)                                      [email protected] 
Emma Kane / Clotilde Gros / George Esmond                                             +44 (0) 20 3757 6767
 

Deutsche Bank 
Gavin Deane / Mark Hankinson / Neil Coleman                                          +44 (0) 20 754 58000
 

J.P. Morgan Cazenove
William Simmonds / Jérémie Birnbaum / Rupert Budge                             +44 (0) 20 7742 4000
 

Ocorian Administration (UK) Limited                                              [email protected] 

Lorna Zimny                                                                                                      +44 28 9078 5880

 Notes to Editors:

Seraphim Space Investment Trust plc is the world's first listed fund focused on SpaceTech. The Company seeks exposure predominantly to early and growth stage privately financed SpaceTech businesses that have the potential to dominate globally and that are category leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.

The Company listed on the London Stock Exchange on 14 July 2021, following an oversubscribed IPO raising £150m of fresh capital.  As 31 March 2022, the Company had net assets of £250m and exposure to 23 SpaceTech companies.

Seraphim Space Investment Trust plc is managed by Seraphim Space Manager LLP.

Further information is available at: https://investors.seraphim.vc/