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ASA International Group plc announced on 17 December 2025 the appointment of Mr Mark Schwartz as a Non-Executive Director. Catalyst Microfinance Investors (CMI) and Catalyst Continuity, entities controlled by Dirk Brouwer, exercised their right under an existing Relationship Agreement to make this appointment. Upon appointment, Mr Schwartz became a member of the Nomination Committee, and the company confirmed no disclosures were required under Listing Rule 6.4.8R (1) to (6).
| Date | 17 Dec 2025 |
| Time | 15:35:24 |
| Category | Board changes |
| ID | 9967L |
ASA International Group plc - Appointment of Non-Executive Director
ASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, today announces the appointment of Mr Mark Schwartz as a Non-Executive Director.
Catalyst Microfinance Investors (CMI) and Catalyst Continuity, entities controlled by Dirk Brouwer, have exercised their right under the existing Relationship Agreement between CMI, Catalyst Continuity and ASA International to appoint Mark Schwartz as a Non-Executive Director.
The Directors are delighted to welcome Mark to the Board of ASA International and upon appointment, Mark became a member of the Nomination Committee of the Board.
Mark Schwartz is an accomplished business leader and board member with extensive experience across finance, healthcare, and consumer products. He currently co-manages KSHFO LLC, a multi-family office focused on diversified investments. Previously, Mark served as President and CEO of Specialty Merchandise Corporation for two decades. Earlier in his career, he worked in Goldman Sachs' Equity Division, advising high-net-worth clients and institutions. Mark has also held prominent board roles, including Board Chair at Direct Relief, where he helped the organization become one of the largest U.S. nonprofits and remains the Chair of the Nominations and Governance Committee. He also served on the boards of BioIQ and Ovation Medical, and has advised innovative companies such as ParentSquare in his capacity as a Board Observer. Accordingly, Mark brings to ASA International and the Board extensive commercial, philanthropic and management experience.
This announcement is made pursuant to Listing Rule 6.4.6R. In accordance with LR 6.4.8R, the Company confirms that there is no information to be disclosed in terms of LR 6.4.8R (1) to LR 6.4.8R (6) inclusive in respect to Mark Schwartz.
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.