MNKS Monks Investment Trust Plc

The Monks Investment Trust PLC (MNKS)

Appointment of Director

The Board of The Monks Investment Trust PLC ('the Company') is pleased to announce the appointment of Mr David Ballance as non-executive Director of the Company, with effect from 1 March 2025.

Mr Ballance brings around 37 years' investment management experience. He was a Partner and Investment Director at Ruffer LLP from 2007 until 2022. An external member of the Investment Group at Christ Church Oxford since 2012, he took on the role of Chair in January 2025. He is an External Investment Adviser to the Nuffield Foundation and currently serves as a Member of their Investment Committee, is a Trustee Director of the NACAB (1991) Pension Plan, a Member of the Book Tokens Investment Committee and is also a Trustee for the Fellowship of St John (UK) Trust Association, Pro Corda Trust and St Alban's Holborn.

He has a M.A (hons) degree in Philosophy, Politics and Economics from Christ Church, Oxford and is a member of the Chartered Institute for Securities and Investment.

The Chairman of Monks, Mr Karl Sternberg, said: "I am pleased that David is joining our Board, his experience and wide-ranging investment knowledge, will be useful in strengthening of board interactions with Baillie Gifford."

The appointment of Mr Ballance is subject to ratification by shareholders at the Annual General Meeting of the Company currently scheduled for 9 September 2025.

There is no further information required to be disclosed under UKLR 6.4.8.

Baillie Gifford & Co Limited

Managers and Secretaries

28 February 2025

Legal Entity Identifier: 213800MRI1JTUKG5AF64

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