Russian Court Cases Update

Summary by AI ^BETAClose X

JPMorgan Emerging EMEA Securities PLC has provided an update on ongoing Russian court cases, specifically noting that the appeal concerning VTB Bank's $439.5 million claim will be heard by the Court of Cassation on February 16, 2026. This follows previous announcements regarding lawsuits filed by VTB Bank for a total of $439.5 million, $81.3 million, $74.5 million, and €108 million, as well as a claim by Sberbank for $830,183 against eight J.P. Morgan legal entities and the Company. Further updates will be provided as these cases progress.

Disclaimer*

JPMorgan Emerging EMEA Securities

20 January 2026

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 update from JPMorgan Funds Limited (the Company's Manager) in respect of the VTB $439.5m claim (in italics):

"Further to the announcement on 15^th December 2025, the appeal filed to a higher court, the Court of Cassation, is now due to be heard on 16^th February 2026."

The Board will provide further updates as the cases progress.

20th January 2026

For further information:

Joel Clopon, Neil Martin, JPMorgan Funds Limited 0800 20 40 20

Hugh Jonathan, Deutsche Numis 020 7260 1000

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