Portfolio Management Arrangements

The Board of Schroder Income Growth Fund plc (the 'Company') announces that Matt Bennison, a named Co-Manager of the Company, has resigned from Schroders.

Sue Noffke, Head of UK Equities, with 35 years' investment experience at Schroders, has managed the portfolio since July 2011, and will continue in her role as Fund Manager.

Over the period the net asset value of the Company's ordinary shares has increased by 7.8% per annum, outperforming the FTSE All Share Index by 0.9% per annum1. Dividends per share paid by the Company have grown by 55% over the same period, 7% more than inflation as measured by the Consumer Price Index.

Schroders plans to recruit another experienced fund manager and an analyst to complement Sue and support the Company.

1: Source: Morningstar. The period is defined as 1 July 2011 to 31 May 2025.

​