National Storage Mechanism | Additional information

THE SCOTTISH AMERICAN INVESTMENT COMPANY P.L.C. (SAIN)

Legal Entity Identifier: 549300NF03XVC5IFB447

Appointment of Director and Chairman designate

The Board announces the appointment of Angus Macpherson as a non-executive Director of the Company with effect from 1^st September 2025. Angus is Chairman of Noble and Company (UK) Limited, an independent boutique Scottish corporate finance business. He has over thirty-five years of investment experience, and is an experienced chairman and director of investment trusts, serving on a number of Boards since 2010. He is currently Chairman of Templeton Emerging Markets Investment Trust plc, and a non-executive director of Schroder Japan Growth Fund plc and of Hampden and Co plc.

The appointment of Mr Macpherson falls to be ratified by shareholders at the Annual General Meeting of the Company to be held in April 2026. Following the conclusion of that meeting, it is the Board's intention that he should become Chairman of the Board.

Dame Mariot Leslie, Senior Independent Director and chair of the selection committee, commented: "We are delighted that Angus has agreed to join the Board and are confident that his knowledge, experience and leadership abilities will be of great benefit to SAINTS in the years ahead."

At 26 August 2025 Mr Macpherson had a beneficial interest in 20,000 shares of the Company.

There is no other information in respect of Mr Macpherson required to be disclosed under section 9.6.13 of the Listing Rules.

Baillie Gifford & Co Limited

Managers and Secretaries

26 August 2025

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

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