Net Asset Value(s)

The Schiehallion Fund Limited (MNTN)

Legal Entity Identifier : 213800NQOLJA1JCWXQ56

Net Asset Value as at close of business on 30 August 2021 (US cents per ordinary share)

Cum NAV*

169.93cents

Ex NAV

170.63cents

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

4.83%

*includes accrued income less ongoing costs.

The Schiehallion Fund Limited - C class shares (MNTC)

Legal Entity Identifier : 213800NQOLJA1JCWXQ56

Net Asset Value as at close of business on 30 August 2021 (US cents per ordinary share)

Cum NAV*

99.76cents

Ex NAV

99.80cents

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

77.10%

*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.