Net Asset Value(s)

The Schiehallion Fund Limited (MNTN)

Legal Entity Identifier : 213800NQOLJA1JCWXQ56

Net Asset Value as at close of business on 19 July 2023 (US cents per ordinary share)

Cum NAV*

108.71cents

Ex NAV

109.06cents

Percentage of ordinary share class portfolio currently invested in cash/cash equivalents is

6.45%

The Schiehallion Fund Limited - C Shares (MNTC)

Legal Entity Identifier : 213800NQOLJA1JCWXQ56

Net Asset Value as at close of business on 19 July 2023 (US cents per C class share)

Cum NAV*

77.69cents

Ex NAV

77.55cents

Percentage of c share class portfolio currently invested in cash/cash equivalents is

20.18%

*includes accrued income less ongoing costs.

Net Asset Values are unaudited, and calculated in accordance with published accounting policies and AIC guidelines.

Cum Par NAV: Net asset value per share in pence, including income, with debt at par value.

Ex Par NAV: Net asset value per share in pence, excluding income, with debt at par value.