Schroder AsiaPacific AGM 2022

Subject to any restrictions on meetings at that time, shareholders are welcome to attend in person.

Last year, the Manager presented to shareholders using a webinar. We believe shareholders benefited from this, allowing anyone to watch remotely, and ask questions, without the need to travel. The Board is planning to continue with this format this year, and Richard and Abbas will be presenting to shareholders at a webinar on 20 January 2022 at 2.00 pm. You can sign up here: https://registration.duuzra.com/form/SAPFregistration2021 .

One advantage of a webinar is that if you are not able to attend at this time, you will be able to watch it afterwards. It will be available on the Company’s webpages at: www.schroders.co.uk/asiapacific . However, the Board appreciates that shareholders may also wish to travel to London and meet the Directors, Richard and Abbas in person and ask questions. A presentation from the portfolio managers will also be given at the AGM, and attendees will be able to ask questions in person then.

The formal business of the AGM will be held after the presentation. We recommend that shareholders cast their votes by proxy. If shareholders have any questions for the Board, please write in, or email using the details below. The questions and answers will be published on the Company’s webpages before the AGM.

To email, please use: amcompanysecretary@schroders.com or write to us at the Company’s registered office address: Company Secretary, Schroder AsiaPacific Fund plc, 1 London Wall Place, London, EC2Y 5AU.

Proposed changes to the Articles

In light of the circumstances created by the COVID-19 pandemic, the Board is proposing to make amendments to the Articles to give the Company the flexibility to hold general meetings (wholly or partially) by electronic means and to enable members to attend and participate in general meetings at one or more satellite meeting places. In addition, the Board is proposing to amend the Articles to give it certain additional powers in respect of postponing or adjourning meetings in appropriate circumstances and the security arrangements at meetings. The amendments are being proposed in response to restrictions on social interactions during the pandemic which have, on occasion, made it impossible or impractical for shareholders to attend physical general meetings.

The Board’s objective is to make it easier for shareholders to participate in general meetings through introducing electronic access for those not able to travel and to ensure appropriate security measures are in place for the protection and wellbeing of shareholders. I should make it clear that these powers would only be used if the specific circumstances or applicable law and regulation require it and the Board’s intention is to always hold a physical AGM provided it is both safe and practical to do so. The safety of all of the Company’s stakeholders must of course remain paramount.

The Board is also proposing to update the Articles to comply with Financial Conduct Authority’s rules regarding restrictions on the transfer of shares, and to correct certain typographical errors.