AIFMD

To ensure compliance with the Alternative Investment Fund Managers Directive (AIFMD), the Board of The Scottish Investment Trust PLC (the Company) has approved the appointment JPMorgan Funds Limited, as the Company’s Alternative Investment Fund Manager (AIFM) under the terms of, and subject to the conditions of, an agreement between the Company and JPMorgan Funds Limited.

JPMorgan Funds Limited was approved as an AIFM by the Financial Conduct Authority on 29/06/2018.

The Company has appointed The Bank of New York Mellon (International) Limited to act as the Company’s depositary as required by the AIFMD and has concluded an appropriate agreement between the Company, JPMorgan Funds Limited and the depositary.

AIFMD Remuneration Disclosure