5 October 2026

AVI Global Trust plc

("AGT" or the "Company")

Completion of acquisition of AVI by Pacific Asset Management

Further to the announcement by AGT on 4 August 2026 in relation to the acquisition of its investment manager Asset Value Investors, by Pacific Asset Management, the Board has been advised that the transaction completed on 2 October 2026, following receipt of all regulatory approvals.

ENDS

For further information, please contact:

KL Communications - Financial PR

[email protected]  /  Charles Gorman  /  Henry Taylor

Notes to editors

AVI Global Trust plc - www.aviglobal.co.uk

AVI Global Trust plc ("AGT") was established in 1889 and currently has £1.3 billion* of assets.  AVI Global Trust ("AGT") provides expertly managed exposure to the opportunities presented in various parts of the world. The investment strategy identifies valuation anomalies to create a concentrated, unique and diversified portfolio of stocks. The investment manager then engages with these companies to improve shareholder value.

AVI - www.assetvalueinvestors.com

AVI is an investment management company established in London in 1985. AVI manages AVI Global Trust plc, AVI Japan Opportunity Trust plc and MIGO Opportunities Trust plc, all investment companies whose shares are listed and traded on the main market of the London Stock Exchange. AVI manages £2.1 billion* across all its products. AVI's investment philosophy is grounded in the belief that capital markets frequently misprice complexity, particularly in markets where corporate governance is opaque, asset transparency is low, or conglomerate structures obscure underlying value. We identify these inefficiencies through a research-intensive process that specialises in discovering companies trading at material discounts to intrinsic value, with a focus on active engagement to unlock and grow that value.

Pacific Asset Management - www.pacificam.co.uk
Pacific Asset Management is an asset manager founded in 2016 responsible for over £18.4 billion* of assets. Pacific is headquartered in London. Pacific is a fresh and progressive asset manager, rethinking the conventions of how asset management works for advisers, institutions, investors, asset owners and the industry.

* As at 30 June 2026.