REG - ASA Intnl. Grp PLC - Appointment of Chairman and Board Update

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RNS Number : 9067C  ASA International Group PLC  05 May 2026

ASA International Group plc - Appointment of Chairman and Board Update

ASA International Group plc (LSE: ASAI), one of the world's largest
international microfinance institutions, is today pleased to announce the
appointment of Mr Charles Harman as Chairman and Non-Executive Director,
effective 4 June 2026. Guy Dawson, Chairman, and Dirk Brouwer, Deputy
Chairman, have also confirmed their intentions to step down from the Board.

Charles is a highly experienced investment banker and business leader with
over 40 years in commercial and financial roles across global markets. He
served as Vice Chairman of J.P. Morgan Cazenove where he advised senior
leaders in financial services, mining, media, and industrial sectors. His
career includes leadership roles at Credit Suisse First Boston and BXR
Partners. Charles is an Independent Non-Executive Director of Ninety One, the
London and Cape Town based global investment manager. He is also active in the
not-for-profit and education sectors including serving as the external Deputy
Chair of Council at the University of Oxford and as a trustee of The Big Give.
Charles will stand for election by ASA International's shareholders at the
2027 AGM.

Upon appointment Charles will chair the Nomination Committee and the
Independent Directors Committee of the Board as well as becoming a member of
the Remuneration Committee.

On 4 June 2026, Dirk Brouwer will step down from the Board and his role as
Deputy Chairman. ASA International extends sincere thanks to Dirk for his
outstanding service as founder of the business and for 19 years of dedication.
Dirk's vision and leadership were central to the creation and growth of ASA
International and to establishing its mission‑driven culture. In recognition
of his enduring contribution, Dirk will assume the role of Founder and Chair
Emeritus, remaining associated with ASA International in an advisory capacity.

Upon Charles assuming the role of Chairman, Guy Dawson will revert to being an
Independent Non-Executive Director and will provide support to Charles during
a brief transition before stepping down from the Board on 16 July 2026. ASA
International thanks Guy for his 13 years of service as a Board member,
including his tenure as Chairman since ASA International's IPO in 2018. His
leadership and stewardship over many years have been instrumental and greatly
valued.

The Board expresses its deep appreciation to Dirk Brouwer and Guy Dawson for
their significant contributions and looks forward to working with Charles
Harman in his new role as Chairman.

This announcement is made pursuant to Listing Rule 6.4.6R. In accordance with
LR 6.4.8R, the Company confirms that there is no information to be disclosed
in terms of LR 6.4.8R (1) to LR 6.4.8R (6) inclusive in respect to Charles
Harman.

Contact Details

ASA International Group plc

Investor Relations

Jonathan Berger
ir@asa-international.com (mailto:ir@asa-international.com)

About ASA International Group plc

ASA International Group plc (LSE: ASAI) is one of the world's largest
international microfinance institutions, with a strong commitment to financial
inclusion and socioeconomic progress. The company provides small, socially
responsible loans to low-income, financially underserved entrepreneurs,
predominantly women, across South Asia, South East Asia, West and East Africa.

Disclaimer

'ASA International', the 'Company', the 'Group' all refer to ASA International
Group plc and its subsidiaries.

This announcement does not constitute or form part of any offer or invitation
to purchase, otherwise acquire, issue, subscribe for, sell or otherwise
dispose of any securities, nor any solicitation of any offer to purchase,
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securities. The release, publication or distribution of this announcement in
certain jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or
distributed should inform themselves about and observe such restriction.

 

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