AURORA INV TST PLC — Proxy Solicitation & Information Statement 2021

Sep 9, 2021

FORM OF PROXY

AURORA INVESTMENT TRUST PLC

(Incorporated in England and Wales with company no. 03300814 and registered as an investment company under section 833 of the Companies Act 2006) (the "Company")

This Form of Proxy is for use by holders of Ordinary Shares in the Company at a general meeting of the Company (the "GM") to be held at the offices of Dickson Minto W.S., 13th Floor, Broadgate Tower, 20 Primrose Street, London EC2A 2EW on 28 September 2021 at 4.45 p.m. for the purpose of considering the resolutions set out in the notice dated 3 September 2021 convening the GM (the "Notice").

I/We

(full name(s) of registered member(s) in block capitals) (See note 7 overleaf)

of

(address in block capitals)

being a member/members of the Company, hereby appoint the Chairman of the GM (See note 3 overleaf)

or,

of

(name and address of proxy in block capitals)

as my/our proxy to attend and speak, and on a poll, vote in my/our name(s) and on my/our behalf at the GM of the Company to be held at the offices of Dickson Minto W.S., 13th Floor, Broadgate Tower, 20 Primrose Street, London EC2A 2EW on 28 September 2021 at 4.45 p.m. and at any adjournment thereof.

I/We wish my/our proxy to vote as I/we have indicated below in respect of the resolutions to be proposed at the GM, as set out in the notice convening the GM.

Please indicate which way you wish your proxy to vote by ticking the appropriate box alongside each resolution. (See note 4 overleaf).

ORDINARY RESOLUTIONS	For	Against	Vote Withheld
1. THAT, the proposed investment policy set out in the circular to the shareholders of the Company dated 3 September 2021, a copy of which has been produced to the meeting and signed by the Chairman of the meeting for the purposes of identification, be and is hereby adopted as the investment policy of the Company to the exclusion of all previous investment policies of the Company.
2. THAT, subject to the passing of Resolution 1, the Castelnau Related Party Transaction as defined in the circular to the shareholders of the Company dated 3 September 2021 which accompanies this notice be and is hereby approved.
3. THAT, subject to the passing of Resolution 1, the IMA Amendment Related Party Transaction as defined in the circular to the shareholders of the Company dated 3 September 2021 which accompanies this notice be and is hereby approved.

Signature... Date ...2021

(See note 7 overleaf)

Print name

SEE NOTES OVERLEAF

PLEASE INSERT INTO PRE-PAID ENVELOPE SUPPLIED

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Notes:

1. A member of the Company who is entitled to attend, speak and vote at the GM is entitled to appoint one or more proxies to attend and to speak and on a poll to vote in his or her place. A proxy need not be a member of the Company. Completion of the Form of Proxy will not preclude a member from attending and voting in person. If you have appointed a proxy and attend the GM in person and vote, your proxy appointment will be automatically terminated. Only those shareholders having their names entered on the Company's share register not later than 4.45 p.m. on 24 September 2021 or, if the meeting is adjourned, 4.45 p.m. on the day which is two days (excluding non-working days) prior to the date of the adjourned meeting, shall be entitled to attend and vote at the meeting in respect of the number of shares registered in their name at that time.

2. To allow effective constitution of the meeting, if it is apparent to the Chairman that no members of the Company will be present in person or by proxy, other than the Chairman, then the Chairman may appoint a substitute to act as proxy in his stead for any member of the Company, provided that such substitute proxy shall vote on the same basis.

3. If you wish to appoint as your proxy someone other than the Chairman of the GM, cross out the words "the Chairman of the GM", and write on the dotted line the full name and address of your proxy. The change should be initialled. If you wish your proxy to speak on your behalf at the GM you will need to appoint your own choice of proxy (not the Chairman) and give your instructions directly to them.

4. In the absence of instructions, the person appointed proxy may vote or abstain from voting as he or she thinks fit on the resolutions, and, unless instructed otherwise, the person appointed proxy may also vote or abstain from voting as he or she thinks fit on any other business (including amendments to the resolutions) which may properly come before the GM.

5. On a poll you have one vote in respect of each eligible share you hold. You do not have to cast all of your votes in the same way and if you wish to split your votes you can enter the number of votes you wish to vote for, against and withhold in the boxes next to the resolutions. The total number of votes must equal the total number of votes you hold. If you simply enter a tick in one of the boxes for a resolution you will be deemed to vote all your votes in that way.

6. A vote withheld is not a vote in law and will not be counted in the calculation of the proportion of the votes for or against a resolution.

7. This form must be signed and dated by the Shareholder or his/her attorney duly authorised in writing. If shares in the Company are held by a nominee(s), a Form(s) of Proxy must be completed and signed by the nominee(s). If the Shareholder is a company, it may execute under its common seal, by the signature of a director and its secretary or two directors or other authorised signatories in the name of the company or by the signature of a duly authorised officer or attorney. In the case of joint holdings, any one holder may sign this form.

8. The vote of the senior joint holder who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holders and for this purpose seniority will be determined by the order in which the names stand in the register of members in respect of the joint holding (the first-named being the most senior).

9. To appoint more than one proxy to vote in relation to different shares within your holding, you may photocopy this form. Please indicate on each copy of the form the proxy's name and the number of shares in relation to which they are authorised to act as your proxy (which, in aggregate, should not exceed the number of shares held by you). Please also indicate if the appointment of a proxy is one of multiple appointments being made. All such forms should be signed and returned together in the same envelope.

10. This form must be completed and lodged with Link Group, 10th Floor Central Square, 29 Wellington Street, Leeds, LS1 4DL together with the power of attorney or other authority (if any) under which it is signed or a copy of such authority certified notarially, no later than 4.45 p.m. on 24 September 2021.

11. CREST members may alternatively choose to utilise the CREST electronic proxy appointment service. Please refer to the notes to the notice convening the GM for instructions with regard to submitting a CREST proxy instruction.