BAKER STEEL RESOURCES TRUST LIMITED

(Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended)

31 December 2024

Chair Succession

Baker Steel Resources Trust Limited ("the Company") is pleased to announce that Fiona Perrott-Humphrey, who joined the Board in September 2020, has been appointed as Chair of the Company with effect from 31 December 2024, succeeding the current Chair, Howard Myles.

As previously announced, Mr Myles will retire from the Board on 31 December 2024. The Board wishes to thank Mr Myles for his support and tenure as Chair over the last 14 years.

Further details of the Company and its investments are available on the Baker Steel Capital Managers website www.bakersteelcap.com/

Enquiries:

Baker Steel Resources Trust Limited             +44 20 7389 8237

Francis Johnstone
Trevor Steel

Shore Capital                                                   +44 20 7408 4050

Henry Willcocks (Corporate Broking)

Gillian Martin, Daphne Zhang (Corporate)

Adam Gill (Sales)

Aztec Financial Services (Guernsey) Limited

Company Secretary                                         +44 1481 749771