JANUS HENDERSON FUND MANAGEMENT UK LIMITED

LOWLAND INVESTMENT COMPANY PLC

LEGAL ENTITY IDENTIFIER: 2138008RHG5363FEHV19

24 July 2026

LOWLAND INVESTMENT COMPANY PLC

Future retirement of Fund Manager

After 44 years in financial services, James Henderson, Fund Manager of Lowland Investment Company plc, has decided to retire from Janus Henderson in June 2027.

Following his departure, the portfolio will be managed by Laura Foll, who has been Fund Manager of the Company since 2016. Laura has 17 years of financial industry experience, having joined Janus Henderson in 2009. She will continue to be supported by the depth of Janus Henderson's Global Equity Income team.

James will continue to work very closely with the team from now until his departure to ensure a smooth transition and handover of responsibilities. There will be no change to the Company's investment objective or strategy.

Helena Vinnicombe, Chair of the Board said:

"James has made an outstanding contribution during his 36-year tenure as Fund Manager. The Board would like to thank him for his exceptional and longstanding commitment to both the Company and its shareholders and wishes him the very best for the future.

Laura has played a vital role in delivering for our shareholders over the past ten years, owing to her extensive knowledge and expertise. The Board has every confidence in her ability to continue doing so in the years ahead and looks forward to working closely with her as they have over the past decade." 

For further information please contact:

Janus Henderson Secretarial Services UK Limited

Corporate Secretary to Lowland Investment Company plc

Telephone: 020 7818 1818

Harriet Hall

PR Director, Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 2919