Scottish Mortgage Investment Trust PLC

Legal Entity Identifier: 213800G37DCS3Q9IJM38

Issue of Equity

On 3 August 2020, owing to demand in the market, the Company announces the issuance of 300,000 Ordinary Shares of 5p each fully paid from Treasury.  Following the issuance there will be 1,475,334,808 Ordinary Shares in issue (excluding the remaining 9,446,072 shares held in Treasury). These shares were issued for cash on 3 August 2020 at a price of 893.5p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

3 August 2020

Regulated Information Classification: Acquisition or disposal of the issuer's own shares