Title: Pacific Asset Trust - Latest Factsheet URL Source: https://documentscdn.financialexpress.net/Literature/D7719B311EA170C623E424034BF23F37/241734080.pdf Number of Pages: 2 Markdown Content: Pacific Assets Trust # 30 April 2026 IMPORTANT NEWS: Transition of investment management responsibilities First Sentier Group, the global asset management organisation, has announced a strategic transition of Stewart Investors' investment management responsibilities to its affiliate investment team, FSSA Investment Managers, effective Friday 14 November close of business EST. https://www.londonstockexchange.com/news -article/PAC/strategic -review/17368608 Investment objective and Manager profile The Pacific Assets Trust Plc (the 'Trust') investment objective is to achieve long -term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub -continent, excluding Japan (the 'Asia Pacific Region'). Up to a maximum of 20% of the Trust's total assets (at the time of investment) may be invested in companies incorporated and/or listed outside the Asia Pacific Region; at least 25% of their economic activities (at the time of investment) are within the Asia Pacific Region and this proportion is expected to grow significantly over the long term. The Trust invests in high -quality companies which FSSA Investment Managers believe will be able to generate long -term growth for shareholders. Investment decisions around high -quality companies are based on three key points: (i) Quality of management (ii) Quality of the company franchise, and (iii) Quality of the company's finances and their financial performance. Portfolio Explorer tells the stories of the companies the Trust invests in pacific -assets.com These figures refer to the past. Past performance is not a reliable indicator of future results. All performance data is as at 30 April 2026. The NAV performance data is on a net basis after deducting all fees (e.g. investment management fee) and costs (e.g. transaction and custody costs) incurred by the Trust. The NAV includes dividends reinvested on a net of tax basis. The peer group is a subset of the Association of Investment Companies peer group, considered by the board as those whose investment policies are substantially similar to those of the Trust. Peer group performance is determined on a simple average share price basis by measuring percentage growth over the period using bid prices, on the basis that net income is reinvested in Sterling. The comparator shown is the MSCI AC Asia ex Japan Index, on an income reinvested net of tax basis. Sources: i) Lipper for peer group and share prices returns; ii) Trust Administrator for NAV performance data; iii) MSCI for comparator. Trust information Trust launch date 1985 Total net assets (£M) 492.1 Comparator Index MSCI AC Asia ex Japan index Number of holdings 63 Share price (p) 392.00 NAV - cum income (p) 430.67 (Discount) / Premium % (8.98) Sedol 0667438 ISIN GB0006674385 Annual portfolio management fee ^ 0.75% Ongoing charges + 1.07 % > ^ This is a tiered structure based on the lower of th e fund’s market cap and NAV, set at 0.75% on the first £500m and 0.65% thereafter. Annual performance (% in GBP) to 30 April 2026 > Period > 12 mths to > 30/04/26 > 12 mths to > 30/04/25 > 12 mths to > 30/04/24 > 12 mths to > 30/04/23 > 12 mths to > 30/04/22 > NAV 14.3 -4.5 9.0 0.7 5.0 > Share price 21.2 -8.7 3.8 5.7 2.3 > MSCI AC Asia ex JP 45.7 3.9 7.9 -6.0 -12.9 > Peer group 50.5 -2.8 6.6 -7.0 -11.1 Cumulative performance (% in GBP) to 30 April 2026 > Period > Since > inception 110 yrs 5 yrs 3 yrs 1 yr 6 mths 3 mths > NAV 318.8 139.6 25.8 19.0 14.3 2.1 4.5 > Share price 323.0 125.3 24.2 14.9 21.2 4.8 5.7 > MSCI AC Asia ex JP 254.3 178.9 33.6 63.3 45.7 10.9 7.3 > Peer group 406.9 266.2 30.9 58.0 50.5 14.8 9.3 > 1 Performance since inception, First Sentier Investors (UK) IM Investors was appointed as Portfolio Manager with effect from the 01 Jul 2010. Ten largest holdings > Stock name %Stock name % > Samsung Electronics 7.0 Jardine Matheson 2.8 > Taiwan Semiconductor 6.3 OCBC 2.8 > Tencent Holdings 4.7 Kotak Mahindra 2.4 > Airtac International 3.5 Techtronic Industries 2.4 > Hoya 2.9 Midea 2.2 Sector breakdown Country breakdown > Industrials 25. 7%Information Technology 22.6% Financials 17.0% Consumer Discretionary 13.5% Consumer Staples 8.3% Health Care 6.0% Communication Services 5.3% Cash and Cash Equivalents 1.6% > India 20. 4%Taiwan 19.4% China 19.3% Hong Kong 9.9% South Korea 8.0% Singapore 4.8% Japan 4.6% Philippines 4.4% Indonesia 3.9% Other 3.7% Cash and Cash Equivalents 1.6% # Pacific Assets Trust # 30 April 2026 Important information This material is for general information purposes only. It does not constitute investment or financial advice and does not take into account any specific investment objectives, financial situation or needs. This is not an offer to provide asset management services, is not a recommendation or an offer or solicitation to buy, hold or sell any security or to execute any agreement for portfolio management or investment advisory services and this material has not been prepared in connection with any such offer. Before making any investment decision you should conduct your own due diligence and consider your individual investment needs, objectives and financial situation and read the relevant offering documents for details including the risk factors disclosure. Any person who acts upon, or changes their investment position in reliance on, the information contained in these materials does so entirely at their own risk. We have taken reasonable care to ensure that this material is accurate, current, and complete and fit for its intended purpose and audience as at the date of publication but the information contained in the material may be subject to change thereafter without notice. No assurance is given or liability accepted regarding the accuracy, validity or completeness of this material. Pacific Assets Trust plc ("the Trust") is an investment trust, incorporated in Scotland; Company no. SC091052, whose shares have been admitted to the Official List of the London Stock Exchange plc. The Trust has appointed Frostrow Capital LLP as its Alternative Investment Fund Manager under the Alternative Investment Fund Managers Directive. Frostrow and the Trust have delegated certain portfolio management responsibilities to First Sentier Investors (UK) IM Limited. Further information is available from Client Services, FSSA Investment Managers, 23 St Andrew Square Edinburgh, EH2 1BB or by telephoning 0800 587 4141 between 9am and 5pm Monday to Friday or by visiting https://www.pacific -assets.com. Telephone calls may be recorded. The distribution or purchase of shares in the Trust, or entering into an investment agreement with FSSA Investment Managers may be restricted in certain jurisdictions. About First Sentier Investors References to 'we', 'us' or 'our' are references to First Sentier Investors, a global asset management business which is ultimately owned by Mitsubishi UFJ Financial Group, Inc (MUFG). Our investment team operates under the trading name of FSSA Investment Managers which is part of the First Sentier Investors Group. This material may not be copied or reproduced in whole or in part, and in any form or by any means circulated without the prior written consent of FSSA Investment Managers. We communicate and conduct business through different legal entities in different locations. This material is communicated: • in the United Kingdom by First Sentier Investors (UK) IM Limited which is authorised and regulated by the Financial Conduct Authority (FCA ref no. 119367). Registered office: 23 St. Andrew Square, Edinburgh, EH2 1BB; Company no. SC047708. • in Ireland by First Sentier Investors (Ireland) Limited, authorised and regulated in Ireland by the Central Bank of Ireland (CBI ref no. C182306; Registered office: 70 Sir John Rogerson's Quay, Dublin 2, Ireland; Company no. 629188). Portfolio Explorer can help you explore the different companies the Pacific Assets Trust invests in. It allows you to explore the companies, countries and sustainability issues of interest in four views – map, human development pillars, climate solutions and Sustainable Development Goals. We regularly publish articles and insights that are available on our website: https://www.pacific -assets.com/insights.html As active investors and long -term shareholders, we vote on all proposals at annual and extraordinary general meetings. View our Proxy Voting decisions: https://www.pacific -assets.com/portfolio -documents/quarterly -update.html To the extent permitted by law, MUFG and its subsidiaries are not liable for any loss or damage as a result of reliance on any statement or information contained in this document. Neither MUFG nor any of its subsidiaries guarantee the performance of any investment products referred to in this document or the repayment of capital. Any investments referred to are not deposits or other liabilities of MUFG or its subsidiaries, and are subject to investment risk, including loss of income and capital invested. © First Sentier Investors Group Risk warnings This document is a financial promotion for Pacific Assets Trust (the "Trust") only for those people resident in the UK for tax and investment purposes. • The value of investments and any income from them may go down as well as up and are not guaranteed. Investors may get back significantly less than the original amount invested. • Emerging market risk: Emerging markets tend to be more sensitive to economic and political conditions than developed markets. Other factors include greater liquidity risk, restrictions on investment or transfer of assets, failed/delayed settlement and difficulties valuing securities. • Specific region risk: investing in a specific region may be riskier than investing in a number of different countries or regions. Investing in a larger number of countries or regions helps spread risk. • Currency risk: the Trust invests in assets which are denominated in other currencies; changes in exchange rates will affect the value of the Trust and could create losses. Currency control decisions made by governments could affect the value of the Trust's investments. • The Trust’s share price may not fully reflect net asset value. Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell. Reference to the names of any company is merely to explain the investment strategy and should not be construed as investment advice or a recommendation to invest in any of those companies. For an overview of the terms of investment, risks, returns and costs and charges please refer to the Key Information Document which can be found on the Trust’s website: www.pacific -assets.co.uk. If you are in any doubt as to the suitability of the Trust for your investment needs please seek investment advice. The MSCI information may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non -infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) ## For further information > Client services team (UK): 0800 085 3880 > Client services team (Overseas): +44 131 525 8873 > Email: info@fssaim.com > Website: www.pacific -assets.com