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PowerShares Global (IRSH)

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Wednesday 29 June, 2016

PowerShares Global

Directorate Change

                                                        STOCK EXCHANGE ANNOUNCEMENT

For Immediate Release                                                                                29 June 2016

                                                        PowerShares Global Funds Ireland plc

Re: Retirement of Director

Karen Dunn Kelley, Non-Executive Director of PowerShares Global Funds Ireland plc (the “Company”) has decided to retire from the Board of the Company.  Once the exact date of her retirement is established a further announcement will be made.

The Board would like to thank Karen for her invaluable contribution during her service.

Karen remains an employee of Invesco.

Re: Resignation of Director

Doug Sharp, Non-Executive Director of PowerShares Global Funds Ireland plc (the “Company”) has decided to resign from the Board of the Company.  Once the exact date of his resignation is established a further announcement will be made.

The Board would like to thank Doug for his invaluable contribution during his service.

Doug remains an employee of Invesco.

Re: Appointment of Directors

Subject to the approval of the Central Bank of Ireland, the Directors of PowerShares Global Funds Ireland plc (the “Company”) wish to announce the intention to appoint Mr Bernhard Langer and Mr Graeme Proudfoot as Non-Executive Directors of the Company.  Further announcements will follow as soon as the dates of appointment are confirmed.

Bernhard Langer

Bernhard Langer became Chief Investment Officer (CIO) for the Invesco Quantitative Strategies team at Invesco in January 2009 and is responsible for the quantitative equities investment approach, related products and clients. He oversees more than 40 investment professionals worldwide, with team members in New York, Boston, Frankfurt, Melbourne and Tokyo. Mr. Langer began his investment career in 1989 with Bayerische Vereinsbank, moving to their asset management function where he led the strategy team from 1992 until his departure. He joined Invesco in 1994 as a portfolio manager for equities and became head of equities in 1996 and CIO for Germany in 2000. In 2002, he assumed responsibility for the Quantitative Strategies Group (International).

Graeme Proudfoot

Graeme Proudfoot is Managing Director — EMEA, responsible for the good governance of Invesco’s activities within the EMEA region. He also leads the EMEA region’s engagement in the public affairs arena with governments and regulators across Europe. Additionally, he is responsible for Invesco Perpetual Life and the Specialist Funds business. Mr. Proudfoot joined Invesco in 1992 as a legal advisor. He has held various roles within the Invesco Group, including Group Company Secretary of Invesco plc and Company Solicitor of AMVESCAP plc. Subsequently, he became General Counsel of Invesco Global, with responsibility for legal affairs across jurisdictions in the UK, Europe, Asia and South America. He was later appointed Managing Director of Invesco’s Specialist Funds Division. He has also served on the board of a listed investment company and of a US ‘40 Act fund board. Prior to joining Invesco, Mr. Proudfoot began his career at Wilde Sapte, Solicitors, practicing as a corporate finance lawyer in London and New York.

Mr Langer and Mr Proudfoot have never:

  1. had any unspent convictions in relation to indictable offences; or
  2. been a director of any company or partnership which, while he was a director with an executive function or partner at the time of or within the 12 months preceding such events, been declared bankrupt, went into receivership, liquidation, administration or voluntary arrangements; or
  3. been subject to any official public incrimination and/or sanctions by statutory or regulatory authorities (including designated professional bodies); or been disqualified by a court from acting as a director of a company or from acting in the management or conduct of affairs of any company.

No information is required to be disclosed pursuant to LR9.6.13

Enquiries:

Invesco PowerShares +44 2070653897

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