The Board of Directors of Alternative Income REIT plc announced that following the completion of a comprehensive and thorough recruitment process, which was supported by external consultants, Stephanie Eastment has been appointed to the Board as an Independent Non-Executive Director and Chair of the Audit Committee effective 1 October 2021. As part of a planned succession process, Jim Prower will resign as a Director of the Company on the same day. Stephanie is a non-executive director and audit chair of Murray Income Trust plc, Herald Investment Trust plc and Impax Environmental Markets plc. She is also Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of The Chartered Governance Institute and a member of the Technical Committee of the Association of Investment Companies. Previously Stephanie was Head of Specialist Funds Company Secretariat and Accounts at Invesco Perpetual, where she had worked since 1996 specialising in the asset management industry with particular focus on investment trusts. Her career spans over 30 years working in financial services including roles at UBS, Wardley Investment Services International and KPMG. Stephanie and her PCAs hold a total of 20,473 shares in the Company.