Caledonia Investments plc

Appointment of non-executive director

Caledonia Investments plc ("Caledonia" or the "Company") is pleased to announce the appointment of Anne Farlow as an independent non-executive director with effect from 28 March 2022.

Anne has worked with both established and early-stage companies during her private equity and investment career across a range of different sectors and jurisdictions. She was a director at Electra Partners in London and Hong Kong from 1992 to 2000. She subsequently joined Providence Equity Partners where she was a London based director until 2005. Based in Hong Kong since 2007, Anne is currently non-executive chair of Pershing Square Holdings, Ltd and a non-executive director of Blue River Acquisition Corp.

Anne will also join the Company's Audit, Governance, Nomination and Remuneration Committees.

Commenting on Anne's appointment, David Stewart, Caledonia's Chairman, said:

"I am delighted that Anne Farlow is joining our board, bringing a wealth of private equity and investment experience across a range of sectors in Europe, North America and Asia."

7 March 2022

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Caledonia Investments plc

Caledonia is a self-managed investment trust company.  Our aim is to grow net assets and dividends paid to shareholders, whilst managing risk to avoid permanent loss of capital. We achieve this by investing in proven well-managed businesses that combine long term growth characteristics with an ability to deliver increasing levels of income. We hold investments in both listed and private markets, a range of sectors and, particularly through our fund investments, a global reach.

For additional information on Caledonia, please visit www.caledonia.com