Schroders Capital Global Innovation Trust plc

Cancellation of Share Premium Account

and

Share Repurchase Programme

Schroders Capital Global Innovation Trust plc (the "Company") announces that it has received Court approval of the cancellation of the share premium account and has sufficient distributable reserves for the purposes of undertaking share repurchases in accordance with the buyback policy set out in the Company's annual report and accounts for the year ended 31 December 2022 ("Buyback Policy").

In that regard, the Company has appointed Winterflood Investment Trusts to manage an irrevocable share repurchase programme (the "Share Repurchase Programme") to buy back ordinary shares, subject to certain parameters, in line with the Buyback Policy.

The Share Repurchase Programme will commence today and will run until 31 December 2024.

Any shares purchased pursuant to the Share Repurchase Programme will be under the Company's general buy back authority of 14.99% of the Company's issued share capital, as approved at the Company's 2023 AGM, or similar authority to be sought at the 2024 AGM.

Following the release of the Company's Q2 2023 NAV on 7 September 2023, the Company confirms that it currently has no inside information.

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