REG - Scot.American Inv. - Appointment of Director and Chairman designate

Scottish American InvestmentAnnouncement

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RNS Number : 6990W  Scottish American Investment Co PLC  26 August 2025

THE SCOTTISH AMERICAN INVESTMENT COMPANY P.L.C. (SAIN)

Legal Entity Identifier: 549300NF03XVC5IFB447

Appointment of Director and Chairman designate

The Board announces the appointment of Angus Macpherson as a non-executive
Director of the Company with effect from 1(st) September 2025. Angus is
Chairman of Noble and Company (UK) Limited, an independent boutique Scottish
corporate finance business. He has over thirty-five years of investment
experience, and is an experienced chairman and director of investment trusts,
serving on a number of Boards since 2010. He is currently Chairman of
Templeton Emerging Markets Investment Trust plc, and a non-executive director
of Schroder Japan Growth Fund plc and of Hampden and Co plc.

 

The appointment of Mr Macpherson falls to be ratified by shareholders at the
Annual General Meeting of the Company to be held in April 2026. Following the
conclusion of that meeting, it is the Board's intention that he should become
Chairman of the Board.

 

Dame Mariot Leslie, Senior Independent Director and chair of the selection
committee, commented: "We are delighted that Angus has agreed to join the
Board and are confident that his knowledge, experience and leadership
abilities will be of great benefit to SAINTS in the years ahead."

 

At 26 August 2025 Mr Macpherson had a beneficial interest in 20,000 shares of
the Company.

 

There is no other information in respect of Mr Macpherson required to be
disclosed under section 9.6.13 of the Listing Rules.

 

 

 

Baillie Gifford & Co Limited

Managers and Secretaries

26 August 2025

 

Regulated Information Classification: Additional regulated information
required to be disclosed under applicable laws.

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