Response to proposed resolutions

Edinburgh Worldwide Investment Trust plc

Legal Entity Identifier: 213800JUA8RKIDDLH380

11 February 2026

Response to proposed resolutions

The Board of Edinburgh Worldwide Investment Trust plc ("Edinburgh Worldwide" or the "Company"), together with its advisers, acknowledge the notice of resolutions (the "Notice of Resolutions") received on 10 February 2026 from Saba Capital Management, L.P. ("Saba") (via Vidacos Nominees Limited) seeking that the appointment of nominated directors be put forward at the Company's next annual general meeting (the "AGM").

The Notice of Resolutions requests that, at the AGM, Shareholders of the Company consider and vote on ordinary resolutions to appoint Gabriel Gliksberg, Jassen Trenkow and Michael Joseph as directors of the Company and calls on Shareholders to vote against the re-election of the current Board.

With respect to the Notice of Resolutions, the Board recommends that Shareholders take no action and await a further announcement from the Company that will be made in due course.

Notice of the AGM, which is required to be held prior to the end of April, will be notified to the London Stock Exchange and published on the Company's website.

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide, commented:

"For the third time, Saba is seeking to replace the entire independent Board with its own nominees in order to take control of the Company. Saba's basis for its latest attack has not changed since shareholders rejected its resolutions on 20 January 2026, just three weeks ago. Saba is also repeating a number of misleading statements that have featured throughout its aggressive and personal campaign.

Only three weeks ago, a record 70% of shareholders participated in the second vote in less than a year, with an overwhelming majority (93%) of non-Saba holders again rejecting its proposals. Despite this strong shareholder opposition to Saba taking control, Saba is evidently choosing not to listen and has, again, chosen not to engage with the Board.

The Board will update shareholders on its plans ahead of the Company's AGM, due to be held before the end of April."

For further information please contact: 

Investors:

Deutsche Numis

Nathan Brown

Tel: +44 20 7260 1426

Matt Goss

Tel: +44 20 7260 1642

Media:

Greenbrook Advisory

Rob White / Peter Hewer

+44 207 952 2000

[email protected] 

Company Secretary:

Baillie Gifford & Co Limited

[email protected]

Tel 0131 275 2000