Aurora Investment Trust plc announced the Board confirms the intention of the Chairman of the Board, Lord Howard Flight and The Honourable James Nelson, to retire from the Board, both having served in excess of nine years as Directors of the Company. It has been agreed that Lord Flight and James Nelson's retirements will take effect from the end of the Company's forthcoming Annual General Meeting in 2022. The Board is in the process of recruiting two additional independent non-executive directors to ensure there is a suitable succession plan in place and will make further announcements when it is in a position to confirm these additional appointments. In preparation for the retirement of the present Chairman, Lord Howard Flight, the Board announced that, after due process, Ms. Lucy Walker has been selected to succeed Lord Howard Flight as Chairman of the Board at the conclusion of Aurora's next Annual General Meeting in 2022. During this interim period, Ms. Walker will become Deputy Chairman of the Board and work closely with Lord Flight to enable an orderly transition.