HgCAPITAL TRUST PLC

SHARE BUYBACK PROGRAMME

London, 6 February 2026: HgCapital Trust plc ('HgT' or the 'Company') today announces that it has engaged Deutsche Numis to conduct a share buyback programme on its behalf (the 'Buyback Programme').

The Buyback Programme will be carried out under the existing shareholder authorisation granted at the last Annual General Meeting, on 14 May 2025 (the "AGM"), for purchases of Ordinary Shares by the Company in the market for up to 14.99% of the Company's issued capital as at the AGM, being 68,613,502 Ordinary Shares. The Company intends, at its sole and absolute discretion and subject to prevailing market conditions, to exercise this authority from time to time pursuant to the Buyback Programme.

In line with the authority given at the AGM, the maximum price which may be paid for each ordinary share must not be more than the higher of (i) 105% of the average of the mid‑market values of the ordinary shares for the five business days before the purchase is made or (ii) the higher of the price of the last independent trade and the highest current independent purchase bid for a share of HgT on the trading venues where the market purchases by HgT is carried out.

Unless previously varied, revoked or renewed, the authority for the Company to repurchase its own shares granted at the AGM will expire at the conclusion of the Annual General Meeting of the Company to be held in 2026 (save that the Company may, prior to such expiry, enter into a contract to purchase Ordinary Shares under such authority and may make a purchase of Ordinary Shares pursuant to any such contract).

Any Ordinary Shares repurchased will be held in Treasury by the Company.

Any market purchase of Ordinary Shares pursuant to the Buyback Programme will be announced no later than 7:30am (UK time) on the business day following the day on which the purchase occurred.

The Company has appointed Deutsche Numis to manage an irrevocable, non-discretionary instruction to continue the Company's Share Buyback Programme during closed periods.

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For further information please contact:

HgCapital Trust

George Crowe

[email protected]

+44 7774 617 150

Laura Dixon

[email protected]

+44 7824 59 2894

Hg

Tom Eckersley

[email protected]

Sam Ferris

[email protected]

Cadarn

Lucy Clark

[email protected]

+44 (0)7984 184 461

David Harris

[email protected]

+44 (0)7368 883 211

About HgCapital Trust plc

HgCapital Trust plc is an investment company whose shares are listed on the London Stock Exchange (HGT.L). HgT gives investors exposure, through a liquid vehicle, to a portfolio of high-growth unquoted companies, managed by Hg, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors.

Further information on HgT including a short introduction video is available here: https://www.hgcapitaltrust.com/

LEI: 213800J7QUJJBEFSIN38