GRIT INVESTMENT TRUST PLC — Proxy Solicitation & Information Statement 2021

Dec 14, 2021

GLOBAL RESOURCES INVESTMENT TRUST PLC

(Incorporated and registered in England and Wales with registered number 00825603) (Registered as an investment company under section 833 of the Companies Act 2006)

FORM OF PROXY

For use at the General Meeting to be held at 10:00 a.m. on 7 January 2022

Before completing this form, please read the explanatory notes below and the notes to the notice of the General Meeting.

I / WE (insert full name),

of ________________________________________________________________________

being a member of Global Resources Investment Trust plc (the "Company"), appoint the Chairman of the General Meeting

or (insert full name) __

(Please carefully complete using BLOCK CAPITALS and black ink)

as my/our proxy to exercise all or any of my rights to attend, speak and vote on my/our behalf at the General Meeting of the Company to be held on 7 January 2022 and at any adjournment of the General Meeting.

Please tick here if this proxy appointment is one of multiple appointments being made (see note 3 below).

Enter number of shares in relation to which your proxy is authorised to vote or leave it blank to authorise your proxy to act in relation to your full entitlement.

I/We direct my/our proxy to vote on the following resolutions as I/we have indicated by marking the appropriate box with an 'X'.

RESOLUTIONS	FOR	AGAINST	ABSTAIN
1. Share capital reorganisation
2. To grant the Directors authority to allot shares
3. To disapply pre-emption rights
4. To adopt new articles of association
5. To change the name of the Company

Signed…………………………… Date…………………..

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To join the meeting type (or paste) the following web address into your web browser: https://mmitc.webex.com/mmitc/onstage/g.php?MTID=e09b631986d003b1dfef667134f9f1df2 You will be asked to enter a password to gain access to the meeting. The password is "Welcome"

NOTES:

• 1. If you wish to vote at the General Meeting but are unable to attend in person, you may appoint a proxy to exercise all or any of your rights to attend, speak and vote on your behalf by completing the form of proxy. A proxy need not be a member of the Company. Please fill in your name and address in the space provided. Unless you wish to appoint the Chairman of the General Meeting as your proxy, please fill in your proxy's name and address in the space provided and strike out the words "the Chairman of the meeting". If you do not fill in the name and address of the proxy, the Chairman of the General Meeting will be appointed as your proxy.
• 1. Please mark the appropriate box with an "X" to indicate how you wish your proxy to vote on each resolution. Unless otherwise instructed, the proxy may vote or abstain from voting at his discretion in respect of the resolutions specified. An abstention option has been included on the Form of Proxy. The legal effect of choosing the abstention option on any resolution is that the shareholder concerned will be treated as not having voted on the relevant resolution. The number of votes in respect of which there are abstentions will however be counted and recorded, but disregarded in calculating the number of votes for or against each Resolution. Your proxy will vote or abstain from voting as he thinks fit on any other business (including amendments to resolutions) which may properly come before the General Meeting.
• 1. This form allows you to specify the number of shares in respect of which the proxy is to be entitled to exercise all or any of your rights to attend, speak and vote at the General Meeting. If you do not specify a number of shares on the form, the proxy will be deemed made in respect of your entire holding of ordinary shares in the Company. If you wish to appoint more than one proxy, you must fill in a separate proxy form for each appointment. You may photocopy this form for any additional appointments. You should tick the box provided to indicate that the proxy is one of multiple instructions being given and fill in the number of shares in relation to which the proxy appointed by this form is entitled to act.
• 1. Appointment of a proxy does not preclude a member from attending the virtual General Meeting and voting using the online poll card system. If a member has appointed a proxy and votes in the poll at the virtual General Meeting, such proxy appointment will automatically be terminated.
• 1. Any alteration to this Form of Proxy must be initialled.
• 1. Pursuant to Regulation 41 of the Uncertificated Securities Regulations Act 2001, those shareholders registered in the register of members of the Company at close of business on 6 January 2022 will be entitled to attend and vote (whether in person or by proxy) at the General Meeting in respect of the number of shares registered in their name at the relevant time. Changes to entries on the register after such time(s) and date(s) (as applicable) shall be disregarded in determining the rights of any person to attend and vote at the General Meeting.
• 1. To be valid, this form of proxy should be completed, signed and submitted (together with the power of attorney or other authority (if any) under which it is signed, or a notarially certified copy of such power of authority) electronically via www.signalshares.com, not later than 48 hours, excluding non-working days, before the time appointed for holding the General Meeting or in the case of a poll taken subsequently to the date of the General Meeting or any adjourned meeting, not less than 24 hours before the time appointed for the taking of the poll or for holding the adjourned meeting.
• 1. In the case of a corporation, this form must be executed under its common seal or under the hand of an officer or agent who is duly authorised in writing to sign on behalf of the corporation. In the case of an individual, this form must be signed by the individual or by an attorney duly authorised to sign on his/her behalf. Any power of attorney or any other authority under which the form is signed (or a duly certified copy of such power of attorney or authority) must be included with this form. In the case of joint shareholders, the signature of the senior shareholder (seniority to be determined by the order in which the names stand in the register of members) shall be accepted to the exclusion of all other joint holders. The names of all joint shareholders should be stated at the top of the form.
• 1. CREST members who wish to appoint a proxy or proxies by using the CREST electronic appointment service should refer to the notes to the notice of the General Meeting.
• 1. The return of a completed proxy form or other instrument of proxy will not prevent you attending the General Meeting and voting in person if you wish. If you have appointed a proxy and attend the General Meeting in person your proxy appointment will remain valid and you may not vote at the General Meeting unless you have provided a hard copy notice to revoke the proxy to Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY no later than 10.00 a.m. on 5 January 2022.