Smithson Investment Trust plc

(the "Company")

Statement re Capital Reduction

10 June 2025                                                                                         LEI: 52990070BDK2OKX5TH79

Further to the announcement made by the Company on 16 May 2025, the Board of Directors of the Company (SSON: LSE) announces that the reduction of capital involving the reduction of the share premium account of the Company by £500 million (the "Capital Reduction"), was confirmed earlier today by the High Court of Justice of England and Wales (the "Court").

The Court order confirming the Capital Reduction, and a statement of capital approved by the Court, are expected to be registered by the Registrar of Companies no later than 20 June 2025 and following their registration at Companies House, the Capital Reduction process will be complete.

Full details of the Capital Reduction are set out in the notice of the general meeting which was sent to shareholders of the Company on 28 April 2025 (the "Notice"). The Notice is also available for inspection on the Company's website.

Enquiries

Apex Listed Companies Services (UK) Limited

Company Secretary

  +44 2039 748046