BIT – Result of AGM held on 24 February 2022

HENDERSON INVESTMENT FUNDS LIMITED

THE BANKERS INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

24 February 2022

THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting of the Company
held on Thursday, 24 February 2022

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

As Special Resolutions:

- Resolution 11: 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 12: to authorise the Company to make market purchases of the Company’s ordinary
shares up to 14.99% of its issued ordinary share capital; and

- Resolution 13: to authorise that a General Meeting other than an Annual General Meeting may be
held on not less than 14 clear days’ notice.

The full text of the resolutions can be found in the circular to shareholders dated 17 January 2022 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 Chair’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 2021 347,567,266 100.00% 14,650 0.00% 347,581,916 26.47% 976,505
2 To approve
the Directors’
Remuneration
Report for the
year ended
31 October
2021 344,091,547 99.48% 1,788,617 0.52% 345,880,164 26.34% 2,678,257

3 To approve
the final
dividend of
0.55p per
share 347,634,227 100.00% 8,780 0.00% 347,643,007 26.48% 915,414
4 To re-
appoint Julian
Chillingworth
as a Director 319,394,480 92.09% 27,449,985 7.91% 346,844,465 26.41% 1,713,956
5 To re-
appoint Isobel
Sharp
as a Director 340,385,622 98.13% 6,469,394 1.87% 346,855,016 26.42% 1,703,405
6 To re-
appoint
Richard West
as a Director 340,296,922 98.11% 6,569,662 1.89% 346,866,584 26.42% 1,691,837
7 To appoint
Simon Miller
as a Director 345,004,352 99.52% 1,674,685 0.48% 346,679,037 26.40% 1,879,384
8 To re-
appoint Ernst
& Young LLP
as statutory
Auditor 345,966,028 99.66% 1,195,018 0.34% 347,161,046 26.44% 1,397,375
9 To
authorise the
Audit
Committee to
determine the
Auditor’s
remuneration 346,806,088 99.87% 436,073 0.13% 347,242,161 26.45% 1,316,260
10 To give
Directors
authority to
allot ordinary
shares 346,321,688 99.78% 776,148 0.22% 347,097,836 26.43% 1,460,585
11 To give
Directors
authority to
disapply pre-
emption rights
on allotment
or sale of
ordinary
shares* 344,249,918 99.49% 1,774,801 0.51% 346,024,719 26.35% 2,533,702
12 To give
the Company
authority to
make market
purchases of
ordinary
shares in the
capital of the
Company* 345,795,267 99.67% 1,151,779 0.33% 346,947,046 26.42% 1,611,375
13 To
approve that
a general
meeting may
be called on
not less than
14 clear days’
notice* 344,018,712 99.12% 3,047,098 0.88% 347,065,810 26.43% 1,492,611

* 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 2022 (1,313,071,076) 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
1,315,102,830.

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.

The Company also announces that from the conclusion of today’s Annual General Meeting, Sue Inglis
retired from the Board and Simon Miller, who was appointed to the Board on 1 January 2022, has
succeeded Sue as Chair of the Board.


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

Harriet Hall
PR Manager
Janus Henderson Investors
Telephone: 020 7818 2919