Notice of 2019 and 2020 Annual General Meetings

22 July 2020

ADAMAS FINANCE ASIA LIMITED

("ADAM" or the "Company")

Notice of 2019 and 2020 Annual General Meetings

The Company announces that the 2019 and 2020 annual general meetings ("AGMs") will be held at

4:00 p.m. and 5:00 p.m. Hong Kong time respectively on 14 August 2020. The Company postponed the 2019 AGM due to the civil unrest in Hong Kong at the end of 2019. Subsequently, the Covid-19 pandemic presented further issues in convening such a meeting earlier.

The venue for both the 2019 and 2020 AGM is Infinitus Plaza, IP 12/F 4, 199 Des Voeux Road Central, Sheung Wan, Hong Kong.

Notices of the AGMs are available on the Company's website at http://adamasfinance.com/investors/documents and will also be posted to shareholders on 22 July 2020.

For further information, please visit the Company's website at http://adamasfinance.com and follow the Company on Twitter (@AdamasFinance).

FOR FURTHER INFORMATION, PLEASE CONTACT:

About Adamas Finance Asia

Adamas Finance Asia Limited (ADAM) is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.

The Company is focused on providing growth capital and financing to emerging and established Small and Medium Enterprises (SME) sector throughout Asia, well diversified by national geographies, instruments and asset classes. This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.

The Company's investment manager, Harmony Capital, seeks to capitalise on its team's established investment expertise and broad networks across Asia. Through rigorous diligence and disciplined risk management, Harmony Capital is dedicated to delivering attractive income and capital growth for shareholders with significant downside protection through selectively investing in assets and proactively managing them.

Harmony Capital is predominately sourcing private opportunities and continues to create a strong pipeline of attractive income generating assets from potential investments in growth sectors across Asia, including healthcare, fintech, hospitality, IT and property.