Mercia Asset Management PLC

("Mercia", the "Group" or the "Company")

Publication of Annual Report and Notice of AGM

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£959million of assets under management, announces that the Company's Annual Report and Accounts for the year ended 31 March 2022 is being posted to shareholders today. An electronic copy is also now available on the Company's website at:

https://www.mercia.co.uk/annual-report-2022/

A Notice of AGM for Mercia's Annual General Meeting, which will take place on 13 September 2022, is included in the Annual Report.

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About Mercia Asset Management PLC

Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of venture, private equity, debt and proprietary capital: the Group's 'Complete Connected Capital'. The Group initially nurtures businesses via its third-party funds under management, then over time Mercia can provide further funding to the most promising companies, by deploying direct investment follow-on capital from its own balance sheet.

The Group has a strong UK footprint through its regional offices, university partnerships and extensive personal networks, providing it with access to high-quality deal flow.

Mercia Asset Management PLC is quoted on AIM with the EPIC "MERC".