Resignation of Portfolio Manager

29 December 2020: Platinum Investment Management Limited (“Platinum”) advises that Mr Joseph Lai has notified us of his resignation. Joseph is the portfolio manager of the Platinum Asia Fund. An internal replacement for Joseph will be named in due course. In the interim, Andrew Clifford, CIO and co-manager of Platinum’s global strategies, will take over the management of the fund with immediate effect. Andrew previously managed Platinum’s Asia ex Japan strategies from their initial inception in 2003 through to 2014.