To:                          RNS

From:                    Securities Trust of Scotland plc

LEI:                         549300UZ1Y7PPQYJGE19

Date:                     1 April 2022

Securities Trust of Scotland plc (the "Company")

Appointment of new Director

The Board is pleased to announce the appointment of Alexandra Innes as a Non-Executive Director of the Company with effect from 4 April 2022.

Alexandra is a Non-Executive Committee Member at the Bank of England, and a member of the Group Executive Board and the Technology Investment Board at Knight Frank LLP. She is a Non-Executive Director of the UCI Cycling World Championships 2023 Limited and served on the Board of the All England Lawn Tennis Club (Championships) Limited and as a Director of the AELT Ground PLC from 2014 to 2020. Alexandra was previously Managing Director and Head of Equity & Multi-Strategy Prime Origination EMEA at Barclays PLC and a member of the Global Equity Finance Sales & Trading management team. Prior to that, Alexandra was Director of Global Markets at Bank of America, with clients spanning institutional asset managers and alternative investment funds. Her earlier career focussed on investment banking and investment management in the technology sector. Alexandra holds an M.A. Hons Economics from Cambridge University. She is a member of the Chartered Institute for Securities and Investments (MCSI), a Green & Sustainable Finance Professional, Chartered Banking Institute (CCBI GSFP), a Fellow of Chapter Zero (Climate Governance Initiative) and holds the CFA Institute Certificate in ESG Investing.

There are no other details or disclosures required under LR 9.6.13R of the Financial Conduct Authority Listing Rules.

John Evans, Chairman, commented "I am delighted that Alexandra is joining our Board. Her capital markets insights and sustainability expertise from a global business perspective will bring a valuable viewpoint to Board discussions. My colleagues and I very much look forward to working with her."

Juniper Partners Limited

Company Secretary

Enquiries: 0131 378 0500