Issuance Authority

Pacific Horizon Investment Trust PLC ('PHI')

Legal Entity Identifier: VLGEI9B8R0REWKB0LN95

Issuance authority

This announcement is made to highlight to the market that the company has authority to issue shares at a premium to net asset value as announced and up to the amount specified in the authority announced on 24 November 2022.  Any interest in such issuance should be coordinated through to JPMorgan Securities PLC. There can however be no certainty that the company will issue shares pursuant to this authority.

This announcement is only intended for investment professionals, high net worth companies, partnerships, associations or trusts and investment personnel of any of the foregoing (each as defined within the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005) and any other persons to whom it may be communicated lawfully. No other person should act or rely on it.

Baillie Gifford & Co Limited

Company Secretaries

26 January 2023

Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws and regulations.