SHIP Tufton Assets Limited

11 December 2024

Tufton Assets Limited ("SHIP")

Change in Audit Committee Chair

The Board of Directors of Tufton Assets Limited (LSE: SHIP) is pleased to announce that Trina Le Noury will succeed Stephen Le Page as Chair of the Audit Committee of the Board of Directors with effect from 1 January 2025. Stephen Le Page will remain as a Non-Executive Director, a member of the Audit Committee, and a member of the Management Engagement Committee.

The membership of the Company's Audit Committee now consists of Trina Le Noury, Christine Rødsæther, Stephen Le Page and Paul Barnes (all of whom are independent non-executive directors of the Company).

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About the Company

Tufton Assets Limited invests in a diversified portfolio of secondhand commercial sea-going vessels with the objective of delivering strong cash flow and capital gains to investors. The Company's investment manager is Tufton Investment Management Ltd. The Company has raised a total of approximately $316.5m (gross) through its Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange on 20 December 2017 and subsequent capital raises.

LEI: 213800L1N2V3FVNOSY44