AVI Global Trust Regulatory News (AGT)

AVI Global Trust plc

Appointment of new Chairman

AVI Global Trust appoints Graham Kitchen as new Chairman

AVI Global Trust plc (the "Company") today announces that Graham Kitchen, a non-executive Director of the Company since January 2019, will become Chairman following the forthcoming Annual General Meeting on 20 December 2022. Graham succeeds Susan Noble, who has been a non-executive Director since 2012 and Chairman since December 2017, and who will retire at the AGM.

Graham has over 25 years' experience as an investment manager at Invesco, Threadneedle and, until March 2018, Janus Henderson, where he was global head of equities. Graham is non-executive chair of two unlisted investment management companies, PPT Asset Management UK Ltd and Trillium Asset Management UK Ltd, and a non-executive director of the Mercantile Investment Trust plc. In the social enterprise sector, he is a director of Places for People.

Susan Noble said: "It has been a true honour for me to serve as Chairman over the past five years. I am delighted to welcome Graham as my successor, and I am confident that under his leadership, AVI Global Trust will continue to thrive."

"Graham is an experienced fund manager and brings to the Board exceptional expertise both in managing investments and teams of investment managers. He brings all the skills and rigour needed to continue to deliver long-term value for our shareholders."

Graham Kitchen commented: "The Board and I would like to thank Susan for her excellent leadership and contribution to the success of our Company. I look forward to taking over as Chairman for AVI Global Trust and working with the investment management team and Board at this exciting time in the Trust's evolution."

As part of a continuing process of refreshing the Board, the Nomination Committee led by the Senior Independent Director has conducted, with the assistance of executive search consultants, an extensive review both of the Chairman role and of the appointment of additional non-executive Directors. The appointment of a further non-executive Director will be announced in due course.

Enquiries:

Quill PR

Fiona Harris

Tel: 020 7466 5058 / 07792 523455

fiona@quillpr.com

Andreea Caraveteanu

Tel: 020 7466 5059 / 07902 142991

andreea@quillpr.com