JPMorgan Emerg. EMEA - Russian Court Cases - Update

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC ('the Company' or 'JEMA')

Legal Entity Identifier: 549300II3MHI98ZLVH37

Russian Court Cases - Update

Further to the Board's previous RNS announcements regarding the lawsuits filed by VTB Bank in Russia claiming $439.5m, $81.3 million, $74.5 million and €108 million and the lawsuit filed by Sberbank in Russia claiming $830,183 against eight J.P. Morgan legal entities and the Company, the Board announces the following updates from JPMorgan Funds Limited (the Company's Manager) (in italics):

"VTB Bank claim ($439.5 million):        Appeal filed to a higher court, the Court of Cassation, which is due to be heard on 15^th December 2025.  We understand, but cannot confirm, that enforcement will not be sought by VTB prior to the Court of Cassation's decision being provided. 

VTB Bank claim ($81.3 million):                        The case is under a court suspension ruling.

VTB Bank claim ($74.5 million):            The case is under a court suspension ruling.

VTB Bank claim (€108 million):             The case is under a court suspension ruling.

Sberbank claim ($830,183):                    Hearing date 17^th November 2025." 

The Board will provide further updates as the cases progress.

28th October 2025

For further information:

Paul Winship, Neil Martin, JPMorgan Funds Limited             0800 20 40 20

Hugh Jonathan, Deutsche Numis                                            020 7260 1000