Asia Dragon Regulatory News (DGN)

ASIA DRAGON TRUST PLC ('DRAGON')

Legal Entity Identifier (LEI): 549300W4KB0D75D1N730

7 August 2020

Director changes - Board Appointment

The Board of Asia Dragon Trust plc is pleased to announce the appointment of Susan Sternglass Noble as an independent non-executive Director of the Company with effect from 7 August 2020.

Susan has over 30 years' experience of investment management and analysis, specialising in financial sector equities, with a focus on global, European and Asian mandates. She holds a B.A. in Asian Studies from Cornell University and a M.S. in Foreign Service from Georgetown University and is a Mandarin Chinese speaker. Susan held senior roles at Goldman Sachs, JP Morgan, CQS and AXA Investment Managers. More recently she has held a number of board, advisory and policy roles with a focus on corporate governance and investment stewardship. Susan is a non-executive director of Unity Trust Bank, a senior adviser to The Investor Forum and trustee of the charity, Link Age Southwark. She was previously a specialist adviser to the Treasury Select Committee of the House of Commons and a Commissioner on the Dormant Assets Commission.

She currently has no beneficial interests in the shares of the Company.

There are no disclosures required under Section 9.6.13 (2) to (6) of the Financial Conduct Authority Listing Rules.

For Asia Dragon Trust plc

Aberdeen Asset Managers Limited, SECRETARY