Manchester & London Investment Trust plc

AGM Information • Nov 5, 2025

National Storage Mechanism | Additional information

5 November 2025

MANCHESTER AND LONDON INVESTMENT TRUST PLC

(the "Company")

Results of Annual General Meeting

The Company announces that, at the Annual General Meeting ("AGM") of the Company held today, all resolutions contained in the Notice of AGM were duly passed on a poll.

M&M Investment Company Ltd, the controlling shareholder of the Company, undertook not to vote on the resolutions dealing with the re-election of the independent Directors. The proxy votes below therefore reflect the votes submitted by independent shareholders as indicated.

The proxy votes received in relation to the resolutions passed were as follows:

Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total Votes	% of ISC Voted
1. To receive and accept the Annual Report	26,918,977	99.95	13,143	0.05	1,928	26,934,048	70.83
2. To approve the Directors' Remuneration Report	26,889,530	99.87	35,826	0.13	8,692	26,934,048	70.83
3. To approve the Directors' Remuneration Policy	26,882,706	99.84	42,650	0.16	8,692	26,934,048	70.83
4.To declare a final ordinary dividend and special dividend of 7.0p per Ordinary Share	26,926,996	99.98	5,788	0.02	1,264	26,934,048	70.83
5. To re-elect Daniel Wright as a Director (independent shareholders)	3,309,760	90.76	337,002	9.24	23,287,286	26,934,048	70.83
6. To re-elect Brett Miller as a Director	26,804,588	99.54	122,941	0.46	6,519	26,934,048	70.83
7. To re-elect Daren Morris as a Director (independent shareholders)	3,533,065	96.85	114,778	3.15	23,286,205	26,934,048	70.83
8. To re-elect James Waterlow as a Director (independent shareholders)	3,533,265	96.89	113,497	3.11	23,287,286	26,934,048	70.83
9. To re-appoint Deloitte LLP as Auditor of the Company	26,882,007	99.85	39,130	0.15	12,911	26,934,048	70.83
10. To authorise the Directors to determine the Auditor's Remuneration	26,910,289	99.94	15,775	0.06	7,984	26,934,048	70.83
11. To authorise the Directors to offer holders the right to elect to receive optional scrip dividends	26,911,985	99.93	19,992	0.07	2,071	26,934,048	70.83
12. To authorise the Directors to allot Ordinary Shares	26,904,884	99.90	27,236	0.1	1,928	26,934,048	70.83
13. To disapply statutory pre-emption rights in relation to the issue of Ordinary Shares*	26,895,930	99.87	33,785	0.13	4,333	26,934,048	70.83
14. To authorise the Directors to sell, transfer and allot Ordinary Shares from Treasury at a discount to the net asset value*	26,884,494	99.83	46,058	0.17	3,496	26,934,048	70.83
15. To authorise the Company to make market purchases of Ordinary Shares*	26,784,032	99.45	148,760	0.55	1,256	26,934,048	70.83
16. To authorise the Company to hold general meetings on 14 clear days' notice*	26,901,062	99.88	31,730	0.12	1,256	26,934,048	70.83

*special resolutions

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.	The number of shares in issue on 3 November 2025 was 40,528,238 ordinary shares (including 2,503,651 shares in treasury). The number of Ordinary Shares in circulation (excluding treasury shares), carrying one vote each, is 38,024,587.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://mlcapman.com/manchester-london-investment-trust-plc/.
7.	In accordance with Listing Rule 6.4.2, a copy of resolutions 11 to 16 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

LEI: 213800HMBZXULR2EEO10

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