17 April 2024, London: The European Leveraged Finance Association (ELFA) is pleased to announce the appointment
of Elena Rinaldi as the new Co-Chair of the CLO Investor Committee to take over from Emeric Chenebaux after the
completion of his term.

Elena Rinaldi, Portfolio Manager at TwentyFour Asset Management in the ABS team, is also a member of the ESG
Committee, where she leads on all sustainability matters related to ABS. She joined TwentyFour Asset Management in
2015 as an analyst in the ABS team, to assist in the management and day-to-day activities of the team, underwriting
and modelling of ABS/CMBS/RMBS and CLOs. Over the years, she has developed deep expertise in CLOs and CMBS
and is currently a portfolio manager.

Before joining TwentyFour Asset Management, Elena worked as a Financial Analyst at Oakmore Investment Partners
and Aqovia. She is a CFA Charterholder and a member of the CFA Society UK. Elena has a 1st class MSc with honours in
Finance and holds a BSc. in Management and Business Administration from the University of Bologna.

Sabrina Fox, CEO at ELFA commented: “We are delighted to welcome Elena Rinaldi to the CLO Investor Committee
and look forward to working with her as the committee continues to build on the hard work and valuable contribution
of Emeric Chenebaux, outgoing inaugural Co-Chair who helped create the CLO ESG Questionnaire and successfully
encouraged its adoption in the CLO market with Co-Chair Denis Struc. The questionnaire has significantly increased
the level of ESG reporting and disclosure across the majority of European CLO issuance.”