THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO U.S. PERSONS, OR IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.

27 February 2025

LEI: 894500IJ5QQD7FPT3J73

AVI Japan Opportunity Trust plc
(the "Company")

Buy-back of own securities

The Company announces that, in accordance with the authority granted at the Company's Annual General Meeting held on 1 May 2024, today the Company purchased 250,000 Ordinary shares of £0.01 each in the capital of the Company (SEDOL: BD6H5D3 / ISIN: GB00BD6H5D36), representing approximately 0.1822% of the issued Ordinary share capital, at a price of 160.90 pence per Ordinary share. The Ordinary shares bought back will be placed in treasury.

As a result of the above transaction, the Ordinary shares in issue, shares held in treasury, and the Total Voting Rights of the Company are now as follows:

MUFG Corporate Governance Limited

Secretary