Legal Entity Identifier: 213800JUA8RKIDDLH380

Edinburgh Worldwide Investment Trust plc (the "Company")

Shareholder update

4 June 2026

The board of directors of Edinburgh Worldwide Investment Trust plc (the "Board") announces the following update to the Company's shareholders on its priorities and the initiatives being considered and undertaken by the Directors in the early stages of their appointment.

Expected SpaceX IPO and capital returns

The Board notes public reports regarding a potential IPO of Space Exploration Technologies Corp. ("SpaceX"), including reports that SpaceX is targeting a Nasdaq listing in mid-June.

The Board remains committed to providing shareholders with a liquidity opportunity and intends to pursue a tender offer as soon as reasonably practicable following a SpaceX IPO and the expiry of any applicable lock-up restrictions affecting the Company's holding in SpaceX.

The Board believes that the successful execution of any liquidity event should be undertaken in a manner that seeks to maximise value for all shareholders and will provide further updates as appropriate.

Shareholder Engagement

Since its appointment following the AGM on 30 April 2026 (the "AGM"), the Board has engaged with a number of shareholders to exchange views regarding the implementation and sequencing of the Board's priorities and initiatives.

The Board's engagement programme is focused on the execution of the mandate arising from the AGM and the future direction of the Company.

The Board is focusing key shareholder discussions on:

• the Company's capital allocation policy, taking into account the timing and quantum of potential disposals of the Company's holding in SpaceX;

• a review of historic significant portfolio activity and related decision-making processes;

• continuing to work closely with Baillie Gifford regarding the Company's holding in SpaceX and potential future liquidity initiatives;

• shareholder engagement initiatives;

• a review of the Company's governance arrangements and key third-party service providers; and

• the proposed appointment of additional Directors.

The Board recognises that retail shareholders are an important component of the Company's investor base and will continue to have regard to their interests alongside those of all shareholders when making decisions regarding the future direction of the Company.

The Board is grateful to shareholders for their continued engagement and constructive feedback and looks forward to providing a further update at the time of publication of the Company's interim results for the six months ended 30 April 2026.

For any enquiries, please contact:

Deutsche Numis

Nathan Brown

Tel: +44 20 7547 0569

Matt Goss

Tel: +44 20 7547 0541

Baillie Gifford & Co Limited (Company Secretary)

[email protected]

Tel +44 131 275 2000