The 73-year-old music legend will be presented with the award on July 4, reported Contactmusic.
"To be presented with the Lifetime Achievement Award is a great honour, and to be included amongst the other fantastically talented artists here today is a real pleasure," he said.
Jones will be joined by Chas & Dave, Pharrell Williams, Paloma Faith, producer Giorgio Moroder and BRIT Award winning singer Laura Mvula on the roster of winners at the ceremony where they will be recognised for their contribution to the music industry.