BIT – Result of AGM held on 24 February 2021

HENDERSON INVESTMENT FUNDS LIMITED

THE BANKERS INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

24 February 2021

THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting of the Company
held on Wednesday, 24 February 2021

The Bankers investment Trust PLC announces that at the Annual General Meeting held earlier today
all resolutions proposed were duly passed on a poll. This included the following resolutions:

As Ordinary Resolutions:

- Resolution 11: to approve the sub-division (‘Share Split’) of the Existing Ordinary Shares of 25p
each into 10 New Ordinary Shares of 2.5p each with effect from 1 March 2021;

- Resolution 12: to authorise the Directors to allot ordinary shares up to 10% of the issued ordinary
share capital;

As Special Resolutions:

- Resolution 13: 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 14: to authorise the Company to make market purchases of the Company’s ordinary
shares up to 14.99% of its issued ordinary share capital;

- Resolution 15: to authorise that a General Meeting other than an Annual General Meeting may be
held on not less than 14 clear days’ notice; and

- Resolution 16: to approve and adopt new Articles of Association.

The full text of the resolutions can be found in the circular to shareholders dated 18 January 2021
which can be viewed on the Company's website at: www.bankersinvestmenttrust.com

The poll results were as follows:

Resolutions
Number of
Votes FOR
(including
at
Chairman’s
discretion
)
% of
votes
FOR
Number of
Votes
AGAINST
% of
votes
AGAINST
Total
votes
cast
Votes cast
(excluding
votes
withheld)
as a
percentage
of total
voting
rights
Number
of votes
withheld
1 To receive
the annual
report and the
audited
financial
statements for
the year ended
31 October
2020 9,425,027 99.97% 2,596 0.03% 9,427,623 28.98% 30,575

2 To approve the
Directors’
Remuneration
Report for the year
ended 31 October
2020 9,335,679 99.56% 40,987 0.44% 9,376,666 28.82% 81,531
3 To approve the
final dividend of
5.42p per share 9,423,573 99.97% 2,525 0.03% 9,426,098 28.97% 32,099
4 To re-appoint
Sue Inglis as a
Director 9,274,845 98.58% 133,463 1.42% 9,408,308 28.92% 49,890
5 To re-appoint
Julian Chillingworth
as a Director 9,386,292 99.79% 19,745 0.21% 9,406,037 28.91% 52,158
6 To re-appoint
Richard Huntingford
as a Director 9,382,465 99.76% 22,792 0.24% 9,405,257 28.91% 52,938
7 To re-appoint
Isobel Sharp
as a Director 9,393,759 99.83% 15,643 0.17% 9,409,402 28.92% 48,795
8 To appoint
Richard West
as a Director 9,392,238 99.88% 11,401 0.12% 9,403,639 28.90% 54,558
9 To re-appoint Ernst
& Young LLP as
statutor
y Auditor 9,373,667 99.69% 29,151 0.31% 9,402,818 28.90% 55,378
10 To authorise the
Audit Committee to
determine the
Auditor’s
remuneration 9,401,845 99.89% 10,575 0.11% 9,412,420 28.93% 45,768
11 To approve the
sub-division of the
existin
g share capital 9,329,849 99.32% 64,073 0.68% 9,393,922 28.87% 64,275
12 To give Directors
authority to allot
ordinar
y shares 9,385,499 99.72% 26,665 0.28% 9,412,164 28.93% 46,033
13 To give Directors
authority to disapply
pre-emption rights
on allotment or sale
of ordinar
y shares* 9,334,483 99.45% 51,315 0.55% 9,385,798 28.85% 72,398
14 To give the
Company authority
to make market
purchases of
ordinary shares in
the capital of the
Compan
y* 9,395,840 99.84% 14,919 0.16% 9,410,759 28.93% 47,437

15 To approve
that a general
meeting may
be called on not
less than 14
clear days’
notice* 9,369,075 99.55% 42,222 0.45% 9,411,297 28.93% 46,901
16 To approve
the adoption of
new Articles of
Association* 9,180,623 97.88% 198,491 2.12% 9,379,114 28.83% 79,082

* Special resolution.

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in
the table above as a percentage of the Company's total voting rights as at the close of business on
22 February 2021 (32,533,195 as there is one vote for every £1 nominal value of ordinary shares held)
being the time at which a shareholder had to be registered in the register of members in order to vote
at the Annual General Meeting. A vote "withheld" is not a vote in law and has not been counted as a
vote "for" or "against" a resolution.

The number of ordinary shares in issue in the Company at the date of this announcement is
(130,132,783).

A copy of the poll results will shortly be available on the Company’s website at:
www.bankersinvestmenttrust.com

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:

Alex Crooke
Fund Manager
The Bankers Investment Trust PLC
Telephone: 020 7818 4447

James de Sausmarez
Director and Head of Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 3349

Laura Thomas
PR Manager, Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 2636