10 February 2023

JLEN Environmental Assets Group Limited

Director Appointment

JLEN Environmental Assets Group Limited ("JLEN" or the "Company") is pleased to announce that Nadia Sood has been appointed to the Board as a Non-Executive Director with effect from 10 February 2023.

Nadia brings extensive experience of executing and managing complex infrastructure investments ranging in size across multiple international markets. She has held a senior role within a Joint Venture with Tata Power, has been a director at Nestlé and is a member of the Governing Council of the IFC/World Bank SME Finance Forum. She is currently the CEO of CreditEnable, an award-winning global credit insights and technology solutions company.

Nadia holds a Bachelor of Science in Foreign Service from The Edmund A. Walsh School of Foreign Service at Georgetown University in Washington DC, and a Masters in International Affairs from Columbia University, New York. She is fluent in English, French and Norwegian.

Ed Warner, Chair, commented:

'I am delighted to welcome Nadia to the JLEN Board. She brings a wealth of experience that will bring new perspectives and capabilities to the Board, enhancing our work on behalf of JLEN's shareholders. Nadia's appointment is the outcome of a rigorous, open recruitment process.'

No further disclosures are required for Nadia Sood in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information please contact:

About JLEN

JLEN's investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change. Such investments will typically feature one or more of the following characteristics:

· long-term, predictable cash flows, which may be wholly or partially inflation-linked cash flows;

· long-term contracts or stable and well-proven regulatory and legal frameworks; or

· well-established technologies, and demonstrable operational performance

JLEN's aim is to provide investors with a sustainable, progressive dividend per share, paid quarterly and to preserve the capital value of the portfolio over the long term on a real basis. The target dividend for the year to 31 March 2023 is 7.14 pence per share¹.  The dividend is payable quarterly.

JLEN is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation and has a transparent and award winning approach to ESG.

Further details of the Company can be found on its website www.jlen.com

LEI: 213800JWJN54TFBMBI68

⁽¹⁾ These are targets only and not profit forecasts.  There can be no assurance that these targets will be met or that the Company will make any distributions at all.