Monks Inv.Trust - Future retirement of Portfolio Manager

THE MONKS INVESTMENT TRUST PLC (MNKS)

Legal Entity Identifier: 213800MRI1JTUKG5AF64

The Monks Investment Trust PLC (the "Company")

Future retirement of Portfolio Manager

After 26 years at Baillie Gifford, Spencer Adair, a manager of Monks, will retire on 31 March 2026. 

The portfolio will continue to be managed by the Global Alpha team at Baillie Gifford. This will comprise current managers Malcolm MacColl and Helen Xiong, who will be joined as co-managers by Michael Taylor from 1 April 2026.

Mr MacColl is a Managing Partner of Baillie Gifford and has managed Monks alongside Spencer since the Global Alpha team took over its management in March 2015. Ms Xiong, a partner of Baillie Gifford, has been a member of the Global Alpha team since 2020. Mr Taylor, a recently appointed partner of Baillie Gifford, began his investment career with Baillie Gifford in 2009. Following seven years at Marathon Asset Management, he returned in 2022 and has worked closely with the team since joining formally as a decision maker in April this year.

Spencer will remain in his current role until his retirement, continuing to work closely with Malcolm, Helen and Michael to ensure a smooth transition and handover of responsibilities. There will be no change to the Company's investment objective or strategy.

For further information please contact:

Jonathan Atkins, Four Communications

Tel: 020 3920 0555

Baillie Gifford & Co Limited

Company Secretaries

23 September 2025 

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