REG - 3i Infrastructure - Directorate change

3i InfrastructureAnnouncement

29/04/2026 14:45

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RNS Number : 4474C  3i Infrastructure PLC  29 April 2026

Appointment of Chair Designate

 

29 April 2026

 

3i Infrastructure plc ('3iN' or the 'Company') announces that it has approved
the appointment of Andrew Sykes to succeed Richard Laing as Chair of the Board
of Directors (the 'Board').

It is intended that Andrew Sykes will join the Board as an independent
non-executive Director and Chair Designate on 23 July 2026 when he will also
join the Management Engagement Committee and Nomination and Remuneration
Committees. He will take over as Chair with effect from 1 January 2027,
following a handover period. At that point, Richard Laing will step down as
Chair and as a non-executive Director of the Company.

Andrew has a wealth of investment trust, infrastructure, financial services
and non-executive experience and spent 26 years of his executive career at
Schroders plc. He is currently Senior Independent Director of Intermediate
Capital Group plc ('ICG plc'), a global alternative asset manager, having
joined the ICG plc board in March 2018, and served as Interim Chair between
March 2022 and February 2023.

Andrew previously served as Senior Independent Director at BBGI Global
Infrastructure SA from 2022 until it de-listed in 2025 and as Chairman of
Smith & Williamson from 2013 to 2020. He was also Chairman of SVG Capital
plc until 2017, having served on the board since 2010 and as Chairman since
2012.

Stephanie Hazell, 3iN's Senior Independent Director, who led the search for
Richard Laing's successor, said:

"After a thorough search for a suitable successor, we are very pleased to
appoint Andrew Sykes as Chair Designate. Andrew is an experienced director of
UK-listed companies, including investment trusts. He has a deep knowledge of
the financial services and infrastructure sectors, which, together with his
background as a senior executive in the asset management sector, will be
hugely valuable in strengthening the Board's range of skills and expertise and
leading the Board in the Company's execution of its strategic objectives. We
are excited to welcome him to the Board.

On behalf of the Board, I would like to thank Richard for his outstanding
leadership and service to the Company and I look forward to continuing to
benefit from his leadership over the coming months."

Andrew Sykes, 3iN's Chair Designate, said:

"I am pleased to be appointed to the Board of 3i Infrastructure plc and look
forward to working with the Board in the delivery of the Company's strategy
and continuing to generate long-term sustainable returns for shareholders."

Richard Laing, 3iN's Chair, said:

"I am delighted to welcome Andrew to the Board as Chair Designate and look
forward to working with him as a member of the Board from July to ensure a
smooth transition into the role of Chair in January 2027."

Andrew Sykes will stand down from the board of ICG plc at the end of March
2027, having completed a nine-year tenure.

As at 29 April 2026, Andrew Sykes held 139,962 ordinary shares in the Company.

The Company confirms there is no further information required to be disclosed
pursuant to UK Listing Rule 6.4.8.

 

-Ends-

 

For information, please contact:

 

 Thomas Fodor           Shareholder enquiries  +44 20 7975 3469
 Kathryn van der Kroft  Media enquiries        +44 20 7975 3021

 

 

About 3i Infrastructure plc

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment
company, an approved UK Investment Trust, listed on the London Stock Exchange
and regulated by the Jersey Financial Services Commission. The Company's
purpose is to invest responsibly in infrastructure, delivering long-term
sustainable returns to shareholders and having a positive influence on its
portfolio companies and their stakeholders.

 

3i Investments plc, a wholly owned subsidiary of 3i Group plc, is authorised
and regulated in the UK by the Financial Conduct Authority and is the
investment manager of 3i Infrastructure plc.

 

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