MANAGEMENT EVOLUTION AT SOUTER INVESTMENTS Tuesday, 12 January 2021 Souter Investments, the private equity focussed family investment office of Sir Brian Souter and the Souter family, has appointed John Berthinussen and Calum Cusiter as co-Managing Directors. Having founded the family office with Sir Brian in 2006, and after 14 years as Managing Director, Andy Macfie is to become Chairman. Sir Brian Souter commented: “When Andy and I launched Souter Investments in 2006 our vision was to create a professional but entrepreneurial family investment office, building a diversified investment portfolio that would generate healthy returns over the long-term, be resilient to economic downturns and fund charitable donations. Andy has been critical to us achieving these objectives. Going forward, under the leadership of John and Calum, our strategy and approach remains the same, and we continue to have significant capital available to invest in new opportunities.”