The Board of Directors of GCP Infrastructure Investments Limited announced the Board and Committee changes. As communicated in the Company's 2021 half-yearly report,Ian Reeves CBE, Chairman of the Board, a member of the Investment Committee and Chairman of the Nomination Committee,notified the Board of his intention to retire as a Non-Executive Director in 2022. The Board announced the appointment of Andrew Didham as a Non-Executive Director of the Company with effect from17 December2021. It is intended that Andrew will succeed Ian Reeves CBE as Chairman of the Board in June 2022. Paul De Gruchy, Non-Executive Director, Chairman of the Management Engagement Committee, and a member of the Audit and Risk Committee will retire from the Board with effect from the 17 December 2021, following the publication of the Company's annual report and financial statements 2021. With effect from 17 December 2021: Dawn Crichard will assume the Chairmanship of the Management Engagement Committee, and will remain on the Audit and Risk Committee as a member; Julia Chapman, Senior independent director will step down from the Investment Committee and join the Audit and Risk Committee as a member. She will also remain on the Nomination Committee and Management Engagement Committee as a member; and Andrew Didham will become a member of the Investment Committee and the Management Engagement Committee. As a result of Ian Reeves CBE and Paul De Gruchy's retirements, a second new Non-Executive Director is being sought in addition to Andrew Didham. It is intended that after stepping down as Chairman in June 2022, Ian will remain on the Board as a Non-Executive Director, until thisfurther replacement Non-Executive Director has been recruited with suitable knowledge, experience and skills, but in any case, until no later than the calendar year-end of 2022.