NIPPON ACTIVE VALUE FUND PLC (the "Company")

LEI: 213800JOFEGZJYS21P75

The Company announces that as at the close of business on 07 February 2025 its unaudited net asset value ("NAV") per ordinary share ("Share") was as follows:

NAV per Share (including current financial year revenue items)                                   201.57p

NAV per Share (excluding current financial year revenue items)                                  201.57p

Enquiries:

Company Secretary

NSM Funds (UK) Limited

+44 (0) 20 3697 5770