Company Announcements

For immediate release

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area (other than professional investors in Denmark, Finland, Germany, Spain and Sweden), Canada, Australia (other than to persons who are both wholesale clients and professional or sophisticated investors in Australia), Japan or the Republic of South Africa.

5 March 2020

Pantheon International Plc

("PIP" or the "Company")

Change in Audit Committee Responsibilities

Following previous announcements by the Company, the Board of PIP confirms that David Melvin, who has been a non-executive Director since February 2015, will succeed Ian Barby as Chairman of the Company's Audit Committee with effect from 1st April 2020. Ian Barby will remain as a non-executive Director until the conclusion of the Company's Annual General Meeting later this year, at which point he will retire from the Board.

This notice is given in fulfilment of the obligations under paragraph 9.6.11R of the Listing Rules.

Ends

LEI:  2138001B3CE5S5PEE928

For more information please visit PIP's website at www.piplc.com or contact:

Helen Steers or Vicki Bradley                                

Pantheon Ventures (UK) LLP                                    

020 3356 1800

NOTES

PIP

PIP is a listed FTSE 250 private equity investment trust, overseen by an independent Board of Directors and managed by Pantheon, one of the leading private equity investment managers globally. PIP offers investors a liquid, differentiated entry point to the excellent growth potential of global private equity, with access to the primary, secondary and co-investment opportunities of some of the best managers in the world. The company has a track record of outperformance, and manages risk through diversification and rigorous selection based on Pantheon's extensive experience and international platform.

Important Information

A copy of this announcement will be available on the Company's website at www.piplc.com Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.