Trian Investors 1 Limited Net Asset Value as at 31 December 2019 (7902A)

TIDMTI1

RNS Number : 7902A

Trian Investors 1 Limited

24 January 2020

TRIAN INVESTORS 1 LIMITED

(the "Company")

NET ASSET VALUE AS AT 31 DECEMBER 2019

Trian Investors 1 Limited is pleased to announce its Net Asset Value as at 31 December 2019 was GBP328.3 million, or 121.34 pence per Ordinary Share.

For further information, please contact:

Estera International Fund Managers (Guernsey) Limited

(Administrator and Company Secretary)

+44 (0)1481 742 742

Mariana Enevoldsen

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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