Amsterdam, the Netherlands - 14 January 2019 - Intertrust N.V. ("Intertrust" or "Company") [Euronext: INTER], a leading global provider of expert administrative services to clients operating and investing in the international business environment, announces today it is advancing the simplification of its organisational structure by replacing its current geographical setup of five segments, with a condensed regional approach, based on market size and characteristics.

Stephanie Miller, CEO Intertrust: "We are making good progress in the transformation of our company to become a tech-enabled corporate and fund solutions provider. Simplifying our management structure is another positive step in this journey. Building on executive leadership appointments I made last year for Technology, Operations, HR and M&A, these new reporting lines strengthen our business leadership to further increase focus, agility and accountability."

The company will operate through three market areas:

Western Europe

The market area Western Europe consists of Belgium, Germany, Luxembourg, Netherlands and Switzerland (47% of H1 2018 Group revenue). Frank Welman, currently Managing Director of Intertrust Luxembourg, will be appointed Managing Director Western Europe, expanding his responsibilities to oversee this market area which includes our two largest jurisdictions.

Americas

The market area Americas, led by James Ferguson, remains unchanged and consists of Bahamas, Brazil, BVI, Canada, Cayman Islands, Curacao and USA (16% of H1 2018 Group revenue).

Rest of the World

The market area Rest of the World, led by Daniel Jaffe, consists of Asia Pacific (Australia, China, Hong Kong, Japan and Singapore); and Northern and Southern Europe (Cyprus, Denmark, Finland, Guernsey, Ireland, Jersey, Norway, Spain, Sweden, Turkey, UAE and UK). Rest of the World, which now includes Jersey, represents 36% of the company's H1 2018 Group revenue.

The new structure will be reflected in the composition of the Company's Executive Committee, with immediate effect. The Company will report according to the three above mentioned market areas as of Q1 2019, including the quarterly comparables for 2018.

AND
Intertrust announces Henk Pieter van Asselt to step down as Chief Commercial Officer and member of the Management Board

Amsterdam, the Netherlands - 14 January 2019 - Intertrust N.V. ("Intertrust" or "Company") [Euronext: INTER], a leading global provider of expert administrative services to clients operating and investing in the international business environment, announces today that Henk Pieter (H P) van Asselt will step down as Chief Commercial Officer and member of the Management Board. He will remain with the company until 31 July 2019.

The Supervisory Board and H P believe that given the Company's consistently strong position in corporate and fund services, and its transformation to become a tech-enabled provider, it is the right time for new commercial leadership to take the Company to the next phase of its strategy.

As confirmed in its recent Capital Markets Day in September 2018, Intertrust continues to look for opportunities to enhance shareholder value by growing organically and through acquisitions, focusing on the US, Fund Administration and Capital Markets, in which technology and innovation will play a significant role.

Hélène Vletter-van Dort, Chairperson of the Supervisory Board, said:

"H P is leaving the Company in a very strong state and, on behalf of the Supervisory Board, I would like to thank him for his valuable contributions over the past 14 years. His passion to put clients first and drive the business forward will enable Intertrust to continue delivering long term growth to its clients, people and shareholders."

Henk Pieter van Asselt added:
"I am proud of what we have achieved with the listing of Intertrust as a key milestone. It has been a privilege to work with such a talented team. I would like to thank all those within and outside Intertrust for our collaboration, and I wish everyone in Intertrust the very best for the future."

The search for a successor will commence immediately, with internal and external candidates being considered.

tijd 09.15
Intertrust EUR 14,54 -25ct vol. 8.550