The Board of Hansa Investment Company Limited is pleased to announce the appointment of Mr Pedro Gonçalves as a director of the Company with immediate effect.

Mr Gonçalves brings a wealth of experience to the Board. Mr Gonçalves has been managing director of Movendo Capital BV for the past 8 years. Movendo Capital BV is an investment holding company focusing on growth and private equity investments. Mr Gonçalves has worked in a number of roles in the Financial Services for twenty years including asset management, insurance, banking and investment strategy. During this period Mr Gonçalves was seconded into the Portuguese Government as the Secretary of State of Innovation, Investment and Competitiveness from 2013 to 2015.

Currently, Mr Gonçalves is an industrial advisor to EQT Partners SE. He is also Chairman of NovaForum (Nova Business School) and the Honorary Consul of Singapore in Portugal.

Mr Gonçalves graduated in Economics from Universidade Católica Portuguesa, holds a Masters Degree in Economics (MSc*) from Glasgow University, and an MBA from Nova Business School.

As at the date of this announcement, Mr Gonçalves held no Ordinary and no 'A' non-voting Ordinary shares in the Company.

The Company discloses this information pursuant to the Financial Conduct Authority's UK Listing Rules 6.4.6 R (1) and 6.4.8 R (1). This disclosure is based upon information provided by this Director.

No further information is to be disclosed pursuant to UK Listing Rules 6.4.8 R (2) to 6.4.8 R (6) in respect of Mr Gonçalves.