European Assets Trust PLC Appoints Kevin Troup as Non-Executive Director, Effective 19 May 2023

European Assets Trust PLC is a United Kingdom-based investment company. The Company’s objective is to achieve long-term growth of capital through investment in quoted small and medium sized companies in Europe, excluding the United Kingdom. The Company invests in small and medium sized companies in Europe, excluding the United Kingdom, defined as those with a market capitalization below that of the largest company in the Euromoney Smaller European Companies Index. The Company will not invest more than 20 per cent of its total assets in any one company and does not take legal or management control of any company in which it invests. The Company does not restrict its investments to any specific industrial or geographical sector; a diversified geographical spread is maintained. The Company has the power to borrow an amount up to 20 per cent of its securities portfolio. The Company's investment manager is Columbia Threadneedle Investment Business Limited.