Jupiter Fund Management : AGM Voting Statement (statement on voting results at 2025 annual general meeting)

About this update from Jupiter Fund Management Plc

21 October 2025 Jupiter Fund Management plc ("Jupiter") Update Statement on Voting Results at 2025 Annual General Meeting At our Annual General Meeting (AGM) held on 8 May 2025, Resolution 13, which sought authorisation for political donations or expenditure (the Resolution ), passed with the requisite majority of votes. However, over 20% of the votes cast were against the Resolution. We have an ongoing dialogue with all our major shareholders and we are aware of which of them have voted against or withheld their vote on this Resolution. In accordance with Provision 4 of the UK Corporate Governance Code, we have engaged with them directly on the matter of political donations. We believe we have provided a fulsome explanation as to why the Board of Jupiter Fund Management plc (the Board ) believes this resolution is market standard and necessary as a precautionary measure. It is not Jupiter's policy to make political donations and the Directors of Jupiter Fund Management plc have no intention of changing this. However, the definition of " political donation " or " political expenditure " under UK Companies law is very wide. It is possible that normal expenditure (such as subscriptions to organisations concerned with public policy, law reform or representation of the business community) or costs of business activities (such as communicating with the Government) might be construed as a political donation or expenditure. For this reason, we seek an authority to make political donations, to ensure all normal business activities remain permitted. The Board intends to continue to seek this precautionary resolution. For the benefit of all shareholders, we will provide clear rationale for this, and all other resolutions, in each Notice of Meeting. Jupiter will provide a further update on this matter in its Annual Report and Accounts for the year ended 31 December 2025.

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