On September 7, 2018, the Board of Directors of BrightSphere Investment Group plc received notice from HNA Capital (U.S.) Holding LLC (HNA Capital) that HNA Capital has exercised its right, as successor by assignment to the rights of Old Mutual plc (OM plc") under Section 2.1 of the Shareholders Agreement, dated as of September 29, 2014, among OM plc, OM Group (UK) Limited and the company (then known as OM Asset Management plc) to appoint Daniel Chen to the Board of Directors. Mr. Chen has replaced Guang Yang, a previous appointee of HNA Capital, effective as of September 7, 2018. Xiaofeng (Daniel) Chen is the Assistant to the Chairman of HNA Group, Vice-Chief Executive Officer of HNA Group, and Chairman and Chief Executive Officer of HNA Group North America LLC, a wholly owned subsidiary of HNA Group. Mr. Chen has served in these roles since August 2018. Mr. Chen also serves as Vice Chairman of Swissport International Ltd. In connection with his appointment to the Board of Directors, Mr. Chen was appointed as a member of each of the Nominating and Corporate Governance Committee of the Board of Directors and the Compensation Committee of the Board of Directors, each effective as of September 12, 2018.