Net Asset Value(s)

LEI: 529900S0Y9ZINCHB3O93

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.

The Brunner Investment Trust PLC announces that at close of business 31 October 2025:

1) based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 1530.77p.

2) based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 1553.94p.

3) based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 1537.96p.

4) based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 1561.13p.

In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of BBB UK corporate bond yields over gilt yields.

Enquiries:

Kirsten Salt

Tel: 020 3246 7513

03 November 2025