Result of AGM

About this update from Asa International Group Plc

ASA International Group plc - Result of 2025 Annual General Meeting ASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, today held its 2025 Annual General Meeting at the offices of Cavendish Capital Markets, 1 Bartholomew Close, London EC1A 7BL, United Kingdom, at 11.00am UK time . Each of the resolutions contained in the 2025 Notice of Annual General Meeting (AGM), with the exception of Resolution 4, was put to the 2025 AGM and voted on by way of a poll. All were duly approved. As announced on 6 June 2025, Chris Low resigned as director and Chairman and consequently Resolution 4 was redundant and therefore withdrawn. As stated in the Notice of 2025 AGM and under Listing Rule 6.2.8R, a resolution to elect or re-elect an Independent Director must be passed by both a majority of the independent shareholders (i.e. shareholders of the Company who are entitled to vote on the election of Directors and who are not controlling shareholders) and a majority of all shareholders (including the majority shareholder). In order to determine this, votes cast by the independent shareholders were counted separately in respect of the re- election of Guy Dawson and Hanny Kemna and the election of Sheila M'Mbijjewe and John Khabbaz and are set out below. The Board appreciates the support shown by the majority of shareholders for all the resolutions at today's AGM, although it notes that, in relation to Resolution 18, just less than 80% approval was received. The Board also notes that this resolution was successfully adopted at the AGMs in 2024 and 2023 by votes in excess of 95%. The Board commits to further consultation with shareholders with a view to providing an update within six months, as required by the UK Corporate Governance Code. The total number of votes received on each resolution put to the 2025 AGM was as follows: No. Resolution Votes FOR (a) % Votes AGAINST % Votes WITHHELD (b) 1 Receive 2024 Annual Report and Financial Statements 85,693,961   98.87%   982,697   1.13%   0 2 Approve Directors' Remuneration Policy 76,917,006   88.74%   9,759,652   11.26%   0 3 Approve Annual Report on Remuneration 76,922,601 88.75% 9,754,057 11.25% 0   4 Re-elect Chris Low as a Director Resolution withdrawn.     5 Elect Rob Keijsers as a Director 86,676,410 100.00% 0 0.00% 248   6 Re-elect Dirk Brouwer as a Director 86,676,410 100.00% 0 0.00% 248   7 Re-elect Guy Dawson as a Director     All       Independent 79,868,763 92.15% 6,807,647 7.85% 248 39,801,869 85.39% 6,807,647 14.61% 248   8 Re-elect Hanny Kemna as a Director All       Independent 79,868,763 92.15% 6,807,647 7.85% 248 39,801,869 85.39% 6,807,647 14.61% 248   9   Elect Sheila M'Mbijjewe as a Director   All     Independent 86,676,410 100.00% 0 0.00% 248   46,609,516 100.00% 0 0.00% 248     10   Elect John Khabbaz as a Director   All     Independent 78,877,256 91.00% 7,799,154 9.00% 248 38,810,362 83.27% 7,799,154 16.73% 248     11   Re-appoint Ernst & Young LLP as Auditor 86,676,658 100.00% 0 0.00% 0   12   Authorise Audit & Risk Committee to approve Auditor remuneration 86,676,658 100.00% 0 0.00% 0   13   Authorise Directors to allot shares 77,914,108 89.89% 8,762,550 10.11% 0   14   Authority to disapply pre-emption rights (up to 5% of issued share capital) (c) 86,675,439 100.00% 248 0.00% 971   15   Authority to disapply pre-emption rights in connection with specific acquisition/ investment (further 5% of issued share capital) (c) 86,675,687 100.00% 0 0.00% 971   16   Authority to purchase own shares (c) 86,676,410 100.00% 248 0.00% 0   17 Authority to call General Meetings (except AGMs) by notice of not less than 14 days (c) 78,891,210 91.02% 7,785,448 8.98% 0   18   Approval of waiver given by the Takeover Panel regarding Rule 9 of the Takeover Code (in the event of a share buyback or a share option exercise under the LTIP)   36,855,707 79.07% 9,754,057 20.93% 2 NOTES: (a) The "For" proxy vote includes those giving the Chairman discretion. (b) A vote "Withheld" is not a vote in law and is not counted in the calculation of the proxy votes "For" or "Against" the resolution. (c) Special resolution. The total number of ordinary shares in issue on 17 June 2025, the deadline for casting votes by proxy in advance of the AGM, was 100,000,000 shares. 86.68% of voting capital, including votes withheld, was instructed in respect of the resolutions put to the AGM. The full text of the resolutions can be found in the 2025 Notice of Annual General Meeting, which is available on the Company's website at www.asa-international.com/investors/shareholder-information/agm/ . In accordance with the UK Listing Authority's Listing Rule 6.4.2, copies of all the resolutions passed by the Company's shareholders, other than ordinary business will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism    Contact Details ASA International Group plc Investor Relations Jonathan Berger [email protected] 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, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any 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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