Update on NAV and Bending Spoons Valuation

This announcement contains inside information for the purposes of Article 7 of the UK Market Abuse Regulation. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Baillie Gifford European Growth Trust plc (BGEU)

Legal Entity Identifier: 213800QNN9EHZ4SC1R12

Update on Net Asset Value and adjustment to the valuation of Bending Spoons

Today, the Board has been advised by the Manager of an upwards adjustment in the valuation of the Company's holding in Bending Spoons in line with its policy for valuing private company investments. This has been reflected in the Net Asset Value of the Company which as at close of business on 9 June 2026 stands at 112.55p.

Following that adjustment in valuation the proportion of the Company's total assets made up by Bending Spoons stands at 11.8% at close of business on 9 June 2026, compared with 9.7% on 31 May 2026.

Baillie Gifford & Co Limited

Company Secretaries

10 June 2026

Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws and regulations.