b'2 Mercia Asset Management PLC Annual Report & Accounts 2022Non-executive Chairs statementResponsible investingwith purposeIn the midst of the greatestshareholders and fund investors across social, economic andall of our asset categories. Our ever-geopolitical uncertainty ingrowing portfolio of investee companies and their leadership teams are also a generation, Mercia hascritical to our continuing future success. delivered a second consecutiveOn behalf of our Board, I pay tribute and year of outstanding financialthank all connected with Mercia for their results, thanks to ouroutstanding collective efforts during the continuing focus on being thelast two years, helping us to reach this very strong juncture of over 200million first choice for our investors,in net assets, whilst still relatively young investees and employees. in our journey.#OneMercia Responsible investing with trustedThe last two years have been a periodpurposeof immense challenge for everyone.Mercia does not apply a scatter-gun Navigating our way through theapproach to investing. We invest pandemic, whilst continuing to growwith purpose to make a return for Mercia and execute on our strategicour investors. As we deploy our priorities, has required a cohesive Board,investment skills, our mindset is that experienced and resilient Executiveof a responsible investor, as we share leadership and unwavering commitmentthe investees journey with them. This from all of our valued staff. Right acrossmindset is not just outward looking the Group, our people continue tohowever, we also look at ourselves define us. Our #OneMercia culture isto see how we can increase our own the glue which binds together all of ourcontribution to the fundamentally collective and individual aspirations.important areas of diversity andEqually important is the encouragingthe environment.support we continue to receive from our Ian R. MetcalfeNon-executive Chair'