<SEC-DOCUMENT>0001104659-25-124906.txt : 20251229
<SEC-HEADER>0001104659-25-124906.hdr.sgml : 20251229
<ACCEPTANCE-DATETIME>20251229170452
ACCESSION NUMBER:		0001104659-25-124906
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20251229
DATE AS OF CHANGE:		20251229

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JANUS HENDERSON GROUP PLC
		CENTRAL INDEX KEY:			0001274173
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38103
		FILM NUMBER:		251609982

	BUSINESS ADDRESS:	
		STREET 1:		201 BISHOPSGATE
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC2M 3AE
		BUSINESS PHONE:		442078181818

	MAIL ADDRESS:	
		STREET 1:		201 BISHOPSGATE
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC2M 3AE

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HENDERSON GROUP PLC
		DATE OF NAME CHANGE:	20050511

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HHG PLC
		DATE OF NAME CHANGE:	20031223
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>tm2534023d6_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
</B></FONT>Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Proxy Statement
Pursuant to Section&nbsp;14(a)&nbsp;of the</B></FONT><B><BR>
Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Filed by the Registrant
</FONT><FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Filed by a Party
other than the Registrant </FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT>
Preliminary Proxy Statement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT>
<B>Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings">&#168;</FONT>
Definitive Proxy Statement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT>
Definitive Additional Materials</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT> Soliciting
Material Pursuant to&nbsp;&sect;240.14a-12</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;<IMG SRC="tm2534023d6_defa14aimg01.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>JANUS HENDERSON
GROUP PLC</B></FONT><B><BR>
(Name of Registrant as Specified in its Charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name of Person(s)&nbsp;Filing Proxy Statement,
if other than the Registrant)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Payment of Filing Fee (Check the appropriate
box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT>
No fee required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Wingdings">&#168;</FONT>
Fee paid previously with preliminary materials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT> Fee
computed on table in exhibit required by Item 25(b)&nbsp;per Exchange Act Rules&nbsp;14a-6(i)(1)&nbsp;and 0-11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 12pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following is a letter from Janus Henderson
Investors to its clients, dated December&nbsp;22, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Corporate Update</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<IMG SRC="tm2534023d6_defa14aimg02.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">December&nbsp;22, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To Our Valued Clients,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As we head into a new year, we have an exciting
milestone to share. Janus Henderson has entered into a definitive agreement to be acquired by Trian and General Catalyst, two growth-oriented
investment firms that believe strongly in our business, our people, and our clients. This agreement was negotiated and approved by an
independent special committee of our Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We know both Trian and General Catalyst well,
and with their partnership, we will be able to further invest in our product offering, client services, technology, and talent to accelerate
our growth. We will be even better positioned to deliver differentiated insights, disciplined investments, and world-class service to
our clients. Their interest in partnering with us is a strong affirmation of our long-term strategy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">An advantage of going private is that we will
be better positioned to build on our momentum and invest even more in our business for the benefit of our clients. Although we are doing
well as a public company today, private ownership will give us greater flexibility and patience to make significant long-term investments
in our offerings and infrastructure, which will ultimately help us deliver superior returns for our clients.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Both Trian and General
Catalyst </FONT>firmly believe in Janus Henderson&rsquo;s culture and investment approach. They are committed to investing in our platform
to achieve continued growth and success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To that end, we do not expect any impact to our
investment funds or our client service as a result of this transaction at this time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The transaction
is expected to close in mid-2026 and is subject to a number of closing conditions, such as shareholder approval and certain client and
regulatory approvals. Upon closing, we will no longer be a publicly traded company. We have </FONT>been public and private at different
times in our 91-year history, but our dedication to investing in a brighter future for our clients has never wavered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">If you have questions,
please contact your Janus Henderson representative. </FONT>As always, we thank you for the trust you have placed in Janus Henderson Investors,
and we look forward to continuing to partner with you in the new year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Regards,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Janus Henderson Investors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>janushenderson.com</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">References to the &ldquo;Funds&rdquo; herein refer
to the U.S. registered investment companies managed by Janus Henderson Investors U.S. LLC and references herein to &ldquo;Janus Henderson&rdquo;
refer to Janus Henderson Group plc and its affiliates. Certain statements in this communication not based on historical facts are &ldquo;forward-looking
statements&rdquo; within the meaning of the federal securities laws. Such forward-looking statements involve known and unknown risks and
uncertainties that are difficult to predict and could cause our actual results, performance or achievements to differ materially from
those discussed. These include statements as to Janus Henderson&rsquo;s and the Funds&rsquo; future expectations, beliefs, plans, strategies,
objectives, events, conditions, financial performance, prospects or future events, including with respect to the timing and anticipated
benefits of pending and recently completed transactions and strategic partnerships, and expectations regarding opportunities that align
with our strategy. In some cases, forward-looking statements can be identified by the use of words such as &ldquo;may,&rdquo; &ldquo;could,&rdquo;
&ldquo;expect,&rdquo; &ldquo;intend,&rdquo; &ldquo;plan,&rdquo; &ldquo;seek,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;estimate,&rdquo;
&ldquo;predict,&rdquo; &ldquo;potential,&rdquo; &ldquo;continue,&rdquo; &ldquo;likely,&rdquo; &ldquo;will,&rdquo; &ldquo;would,&rdquo;
and similar words and phrases. Forward-looking statements are necessarily based on estimates and assumptions that, while considered reasonable
by, as applicable, Janus Henderson and the Funds and their respective management, are inherently uncertain. Accordingly, you should not
place undue reliance on forward-looking statements, which speak only as of the date they are made and are not guarantees of future performance.
Neither Janus Henderson nor the Funds undertake any obligation to publicly update or revise these forward-looking statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Various risks, uncertainties, assumptions and
factors that could cause Janus Henderson&rsquo;s or the Funds&rsquo; future results to differ materially from those expressed by the forward-looking
statements included in this communication include, but are not limited to, Janus Henderson&rsquo;s and the Funds&rsquo; ability to obtain
the applicable regulatory, shareholder and other approvals required to consummate the proposed transaction and the timing of the closing
of the proposed transaction, including the risks that a condition to closing would not be satisfied within the expected timeframe or at
all or that the closing of the proposed transaction would not occur, the outcome of any legal proceedings that may be instituted against
the parties and others related to the proposed transaction, that shareholder litigation in connection with the proposed transaction may
affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability,
unanticipated difficulties or expenditures relating to the proposed transaction, including the impact of the transaction on Janus Henderson&rsquo;s
or the Funds&rsquo; business, that the proposed transaction generally may involve unexpected costs, liabilities or delays, that&nbsp;the
business of Janus Henderson or the Funds may suffer as a result of uncertainty surrounding the proposed transaction or the identity of
the purchaser, that&nbsp;Janus Henderson or the Funds may be adversely affected by other economic, business, and/or competitive factors,
including the net asset value of assets in the Funds or certain other of Janus Henderson&rsquo;s funds, and/or potential difficulties
in employee retention as a result of the announcement and pendency of the proposed transaction, changes in interest rates and inflation,
changes in trade policies (including the imposition of new or increased tariffs), volatility or disruption in financial markets, Janus
Henderson&rsquo;s investment performance as compared to third-party benchmarks or competitive products, redemptions, and other risks,
uncertainties, assumptions, and, with respect to Janus Henderson, factors discussed in Janus Henderson&rsquo;s Annual Report on Form&nbsp;10-K
for the year ended December&nbsp;31, 2024, and in other filings or furnishings made by Janus Henderson with the SEC from time to time
and, in respect of the Funds, factors discussed in each Fund&rsquo;s current prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Important Information and Where to Find It</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the proposed transaction, Janus
Henderson Group plc and the Funds will file with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) a proxy statement,
the definitive version of which will be sent or provided to their respective shareholders. Janus Henderson and affiliates of Janus Henderson
also intend to jointly file a transaction statement on Schedule 13E-3. Janus Henderson and the Funds may also file other documents with
the SEC regarding the proposed transaction. This communication is not a substitute for the proxy statement, the Schedule 13E-3 or any
other document that may be filed by Janus Henderson or the Funds with the SEC. INVESTORS AND SECURITY HOLDERS OF JANUS HENDERSON AND THE
FUNDS ARE URGED TO READ THE PROXY STATEMENT, THE SCHEDULE 13E-3 (AS APPLICABLE) AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY
AND IN THEIR ENTIRETY, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain
the proxy statement and the Schedule 13E-3 (in each case, when available) and other documents that are filed with the SEC by Janus Henderson
and the Funds free of charge from the SEC&rsquo;s website at https://www.sec.gov or, with respect to Janus Henderson, through the investor
relations section of Janus Henderson&rsquo;s website at https://ir.janushenderson.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Participants in the Solicitation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">With respect to Janus Henderson, Janus Henderson
and its directors and certain of its executive officers and other employees may be deemed to be participants in the solicitation of proxies
from Janus Henderson&rsquo;s shareholders in connection with the proposed transaction. With respect to the Funds, the Funds and its manager
and its and their directors and certain of its executive officers and other employees may be deemed to be participants in the solicitation
of proxies from Janus Henderson&rsquo;s shareholders in connection with the proposed transaction. Information about the directors and
executive officers of Janus Henderson and their ownership of Janus Henderson common shares is contained in the definitive proxy statement
for Janus Henderson&rsquo;s 2025 annual meeting of shareholders (the &ldquo;Annual Meeting Proxy Statement&rdquo;), which was filed with
the SEC on March&nbsp;21, 2025, including under the headings &ldquo;Proposal 1: Election of Directors,&rdquo; &ldquo;Corporate Governance,&rdquo;
&ldquo;Board Compensation,&rdquo; &ldquo;Proposal 2: Advisory Say-on-Pay Vote on Executive Compensation,&rdquo; &ldquo;Executive Compensation,&rdquo;
&ldquo;Executive Compensation Tables,&rdquo; &ldquo;Securities Ownership of Certain Beneficial Owners and Management&rdquo; and &ldquo;Our
Executive Officers.&rdquo; Information about the trustees and executive officers of the Funds and their ownership of the Funds is contained
in each Fund&rsquo;s current statement of additional information. Additional information regarding the persons who may, under the rules&nbsp;of
the SEC, be deemed participants in the solicitation of the shareholders of Janus Henderson or the Funds, as applicable, in connection
with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will
be included in the applicable proxy statement relating to the proposed transaction when it is filed with the SEC. To the extent holdings
of securities by potential participants (or the identity of such participants) have changed since the information printed in the Janus
Henderson Annual Meeting Proxy Statement, such information has been or will be reflected on the Statements of Change in Ownership of Janus
Henderson on Forms 3 and 4 filed with the SEC. These Funds are not subject to Form&nbsp;3 and 4 filings. Free copies of the proxy statement
relating to the proposed transaction and free copies of the other SEC filings to which reference is made in this paragraph may be obtained
from the SEC&rsquo;s website at https://www.sec.gov or, with respect to Janus Henderson, through the investor relations section of Janus
Henderson&rsquo;s website at https://ir.janushenderson.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>tm2534023d6_defa14aimg01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2534023d6_defa14aimg01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  R /X# 2(  A$! Q$!_\0
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MX#\/7GAK1)+.\93(92P*G/%=0_*D#J012;U!+0\.\/NUG_PFK6P$9CMG";>
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M?@8Q@4QCC<!T"\444@' GS",]_Z4\=#110 P\;L>E//>BB@"/.67/M2L!GZ
=D444 .4#-.HHH 2BBB@ HHHH **** "EHHH _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tm2534023d6_defa14aimg02.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2534023d6_defa14aimg02.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  W 0,# 2(  A$! Q$!_\0
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MH,EB1C J79,:V/,_AGX!\.>(_"0O]4LGFN?M#IN$SKP,8X! [UV/_"HO!?\
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M*%SP#I\I('_?ZE8+F[16#]G\6_\ 03T3_P %TO\ \?H^S^+?^@GHG_@NE_\
MC]%@-ZBL'[/XM_Z">B?^"Z7_ ./T?9_%O_03T3_P72__ !^BP&]16#]G\6_]
M!/1/_!=+_P#'Z/L_BW_H)Z)_X+I?_C]%@-ZBL'[/XM_Z">B?^"Z7_P"/T^&#
MQ2)HS-J.CM$&&]4L)58KGD F8X/O@T6 VZ***0PHHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
)HHH **** /_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
