The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.

3 September 2026

Literacy Capital plc

Directorate Change

Literacy Capital plc ("Literacy" or the "Company"), a listed investment trust primarily focused on investing directly into private businesses based in the UK, is pleased to announce the appointment of Nick Latner as an independent Non-Executive Director with effect from 22 October 2026.

Nick brings over 20 years' post-qualification experience in private equity, valuations, finance and audit to the Board. He has acted as Finance Director of Hg Capital, one of the world's largest technology-focused private equity investors, since 2019. In this role, he has led Hg's finance function through a period of significant growth, with the firm's AUM increasing to over $110bn. Prior to this, Nick spent five years in senior finance roles at Capita plc, and 12 years at Deloitte at the beginning of his career, where he led complex listed audit engagements including WPP and DS Smith. Nick holds no other directorships.

Nick will be appointed as Chair of Literacy Capital's Audit Committee and a member of the Management Engagement Committee.

After serving as a Non-Executive Director since April 2021, Rachel Murphy will step down from the Board with effect from 22 October 2026.

Paul Pindar, Chair of Literacy Capital plc, commented:

"We are very pleased to welcome Nick to the Board as an independent Non-Executive Director. He brings a valuable combination of audit, valuation and hands-on finance experience, as well as experience of traditional private equity, that is highly relevant to Literacy as it continues to evolve. We are confident that Nick will bring useful insight in his role as Chair of the Audit Committee and very much look forward to his contribution to the Board.

On behalf of the Board, I would also like to offer my sincere thanks to Rachel for her invaluable contribution to Literacy Capital over the past five and a half years. We are enormously grateful for the time and effort she has committed to support Literacy. We wish her every success for the future."

Nick Latner commented:

"I am delighted to be joining the Board of Literacy Capital. I look forward to bringing my finance leadership experience to the Board to support the Company's continued growth and help drive value for its shareholders."

-ENDS-

For further information, please contact:

Literacy Capital plc / Book Asset Management LLP

Richard Pindar / Aasha Tailor

+44 (0) 20 3960 0280

MHP Group

Reg Hoare / Ollie Hoare / Matthew Taylor

[email protected]

+44 (0) 7817 458 804

Deutsche Numis

Hugh Jonathan / George Shiel

+44 (0) 20 7260 1000

About Literacy Capital plc

Literacy Capital (BOOK.L) is a closed-end investment company that was co-founded by Paul Pindar and Richard Pindar in 2017 with £54m of capital. Literacy listed on the London Stock Exchange in June 2021, before gaining Investment Trust status on 1 April 2022. The Company focuses on opportunities to invest for the long-term in growing private businesses where a clear route to creating additional value can be seen with its support.

It also has a unique charitable objective, to donate 0.5% of annual NAV to charities focused on improving UK literacy in children. £13.5m has been donated or reserved for donation to charities since the trust's creation in 2017. For more information, please visit our website: www.literacycapital.com.

A copy of this announcement will be available on the Company's website at www.literacycapital.com.

The information contained in this announcement regarding the Company's investments has been provided by the relevant underlying portfolio company and has not been independently verified by the Company. The information contained herein is unaudited.

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.  The value of investments may fluctuate.  Results achieved in the past are no guarantee of future results. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

LEI: 2549006P3DFN5HLFGR54