Schroder Asian Regulatory News (ATR)

Schroder Asian Total Return Investment Company plc

(the "Company")

Appointment of Non-Executive Director

The Board is pleased to announce the appointment of Jasper Judd as an independent non-executive Director of the Company with effect from 1 February 2023.

Jasper has been a Chartered Accountant (ICAEW) since 1987 and his career includes ten years at ASX/LSE dual-listed Brambles Ltd/Brambles Industries PLC, where he held senior finance and strategy roles and was a member of the Group Executive and Group Risk Committees. 

On appointment, Jasper will also join the Company's Management Engagement, Nominee and Audit and Risk Committees and hold the position of Audit and Risk Committee Chairman Designate with effect from the same date.

In accordance with the Company's succession plan in place for the appointment and retirement of directors, Mike Holt, Chairman of the Audit and Risk Committee, will step down from the Board at the Annual General Meeting in 2023, after serving as a director for nine years, and be succeeded by Jasper. The Board thanks Mike for his long service to the Company and invaluable guidance to the Board and wishes him well for the future.

Jasper Judd is currently the Audit and Risk Committee Chairman of JPMorgan Indian Investment Trust PLC, Audit Committee Chair designate of Brown Advisory US Smaller Companies PLC and Audit Committee Chairman of Dunedin Income Growth Investment Trust PLC.

In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, it is confirmed that there are no further details to be disclosed in relation to Jasper Judd.

Schroder Investment Management Limited

Secretary