Nippon Active Value Regulatory News (NAVF)

Annual General Meeting

The Board of Directors of Nippon Active Value Fund plc (the "Company") wishes to remind shareholders that the Company's Annual General Meeting ("AGM") will be held at Prince Philip House, 3 Carlton House Terrace, London, SW1Y 5DG on Thursday 4 June 2026 at 12:30 p.m. BST.

The Notice of AGM, together with the Annual Report and Accounts for the year ended 31 December 2025, was made available to shareholders on 7 April 2026 and remains available on the Company's website at www.nipponactivevaluefund.com

The Board encourages all shareholders to participate in the AGM and to exercise their voting rights. Shareholders who are unable to attend in person are encouraged to appoint the Chair of the meeting, or another person of their choice, as their proxy to vote on their behalf. Completed proxy forms should be returned in accordance with the instructions set out in the Notice of AGM and must be received no later than 12.30 p.m. BST on Tuesday 2 June 2026.

Following the formal business of the AGM, shareholders attending in person will have the opportunity to hear an investor presentation delivered by Paul Ffolkes-Davis of RSM, the Company's Investment Adviser, and to meet the Board of Directors and ask questions. Refreshments will be available to attendees, with a light lunch served following the conclusion of the meeting.

For further information, please contact the Company Secretary by emailing navf@nsm.group.

LEI: 213800JOFEGZJYS21P75

1 June 2026

Enquiries:

NSM Funds (UK) Limited

NAVF@nsm.group

Company Secretary