Tranche Update on Allianz Technology Trust PLC's Equity Buyback Plan announced on May 12, 2023.

Allianz Technology Trust PLC is a United Kingdom-based investment trust. The Company’s objective is to achieve long-term capital growth by investing principally in the equity securities of quoted technology companies on a worldwide basis. It invests in a diversified portfolio of companies that use technology in an innovative way to gain competitive advantage. The Company focuses on diversifying the portfolio across a range of technology sub-sectors. The Company’s investment portfolio includes information technology, consumer discretionary, and cash. The Company’s alternative investment fund manager is Allianz Global Investors UK Limited.