City of London Investment Trust PLC

AGM Information • Oct 27, 2022

National Storage Mechanism | Additional information

RNS Number : 4045E

City of London Investment Trust PLC

27 October 2022

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

27 October 2022

THE CITY OF LONDON INVESTMENT TRUST PLC

Annual General Meeting of the Company

held on Thursday, 27 October 2022

The City of London Investment Trust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a show of hands. This included seven special business resolutions:

-    Resolution 10: to approve the dividend payment policy of paying four quarterly interim dividends in each year;

-    Resolution 11: to authorise the Directors to allot ordinary shares up to 10% of the issued ordinary share capital;

-    Resolution 12: to authorise the Directors to allot or to sell from treasury up to 10% of the issued ordinary share capital without first offering them to existing shareholders in accordance with statutory pre-emption procedures;

-    Resolution 13: to authorise the Company to make market purchases of the Company's ordinary shares;

-    Resolution 14: to authorise the Company to make market purchases of the Company's preferred stock;

-    Resolution 15: to hold general meetings other than an Annual General Meeting on not less than 14 clear days' notice; and

-    Resolution 16: to authorise the Company to communicate with shareholders by electronic means.

The full text of the resolutions can be found in the circular to shareholders dated 16 September 2022 which can be viewed on the Company's website at: www.cityinvestmenttrust.com.

The proxy votes received in relation to each resolution were as follows:

Resolutions	Votes for (including at Chairman's discretion)	%	Votes against	%	Total votes cast (excluding votes withheld)	Votes withheld
1 Annual Report and financial statements	6,107,629	99.94	3,466	0.06	6,111,095	21,542
2 Directors' Remuneration Report	6,059,739	99.38	37,731	0.62	6,097,470	35,137
3 Re-election of Sir Laurie Magnus	6,086,485	99.79	12,542	0.21	6,099,027	33,609
4 Re-election of Mr Ominder Dhillon	6,083,840	99.78	13,597	0.22	6,097,437	35,173
5 Re-election of Mr Robert Holmes	6,083,919	99.79	12,691	0.21	6,096,610	36,001
6 Re-election of Mrs Clare Wardle	6,065,912	99.77	14,050	0.23	6,079,962	52,647
7 Re-election of Mrs Samantha Wren	6,082,821	99.76	14,699	0.24	6,097,520	35,090
8 Re-appointment of PricewaterhouseCoopers as auditors	5,789,641	94.92	309,566	5.08	6,099,207	33,047
9 Audit Committee to determine the auditors' remuneration	5,813,994	95.27	288,896	4.73	6,102,890	29,719
10 Approve the dividend payment policy	6,110,996	99.95	2,851	0.05	6,113,847	19,522
11 Authority to allot ordinary shares	6,087,224	99.73	16,563	0.27	6,103,787	28,734
12 Authority to disapply pre-emption rights on allotment or sale of ordinary shares*	6,053,439	99.33	41,043	0.67	6,094,482	38,884
13 Authority to make market purchases of ordinary shares*	6,094,924	99.85	9,455	0.15	6,104,379	28,232
14 Authority to make market purchases of preferred stock*	6,088,221	99.78	13,392	0.22	6,101,613	31,023
15 Authority to call a general meeting on 14 clear days' notice*	6,036,086	98.90	67,153	1.10	6,103,239	29,396
16 Authority to communicate with shareholders by electronic means	6,060,719	99.40	36,545	0.60	6,097,264	33,962

* Special resolution.

Holders of ordinary shares have one vote for every 15 shares held, holders of first preference stock have one vote for every £10 of stock held and holders of preferred ordinary stock have one vote for every £20 of stock held.

A copy of the special business resolutions will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Job Curtis Fund Manager The City of London Investment Trust plc Tel: 020 7818 4367	Sally Porter For and on behalf of Janus Henderson Secretarial Services UK Limited Corporate Secretary to The City of London Investment Trust plc Tel: 020 7818 2550
Harriet Hall Investment Trust PR Manager Janus Henderson Investors Tel: 020 7818 2919

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