BIT – Result of AGM

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE BANKERS INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

22 February 2024

THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting of the Company
held on Thursday, 22 February 2024

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

As Special Resolutions:

- Resolution 12: 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 13: to authorise the Company to make market purchases of the Company’s ordinary
shares up to 14.99% of its issued ordinary share capital excluding treasury shares; and

- Resolution 14: 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 2024 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 2023

322,048,609 99.99 47,517 0.01 322,096,126 26.55% 405,820
2 To approve the
Directors’
Remuneration
Report for the
year ended
31 October 2023
319,384,192 99.58 1,351,420 0.42 320,735,612 26.44% 1,766,334

3 To approve the
final dividend of
0.66p per share
322,005,281 99.98 63,084 0.02 322,068,365 26.55% 433,581
4 To re-appoint
Mr Simon Miller
as a Director
320,604,524 99.84 503,699 0.16 321,108,223 26.47% 1,393,723
5 To re-appoint
Ms Hannah Philp
as a Director
320,434,514 99.80 645,509 0.20 321,080,023 26.47% 1,421,923
6 To re-appoint
Ms Charlotte
Valeur
320,369,974 99.79 670,053 0.21 321,040,027 26.46% 1,461,919
7 To re-appoint
Me Richard West
as a Director
320,671,858 99.86 461,669 0.14 321,133,527 26.47% 1,368,419
8 To appoint
Mr Ankush
Nandra as a
Director
320,521,289 99.88 394,515 0.12 320,915,804 26.45% 1,586,142
9 To re-appoint
Ernst & Young
LLP as a statutory
Auditor to the
Company
320,639,367 99.76 778,499 0.24 321,417,866 26.49% 1,084,080
10 To authorise
the Audit and
Risk Assurance
Committee to
determine the
Auditor’s
remuneration
321,076,321 99.83 547,648 0.17 321,623,969 26.51% 877,977
11 To give
Directors
authority to allot
ordinary shares
320,742,332 99.79 677,143 0.21 321,419,475 26.49% 1,082,471
12 To give
Directors
authority to
disapply pre-
emption rights on
allotment or sale
of ordinary
shares*
319,280,524 99.42 1,859,887 0.58 321,140,411 26.47% 1,361,535
13 To give the
Company
authority to make
market purchases
of ordinary shares
in the capital of
the Company*
321,195,422 99.83 534,836 0.17 321,730,258 26.52% 771,688
14 To approve
that a general
meeting may be
called on not less
than 14 clear
days notice*
319,177,057 99.23 2,468,665 0.77 321,645,722 26.51% 856,224

*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 20 February 2024,
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 the Annual General Meeting, Mr Julian
Chillingworth, the Senior Independent Director, retired from the Board.

For further information please contact:

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

Dan Howe
Head of Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 4458

Harriet Hall
Investment Trust PR Director
Janus Henderson Investors
Telephone: 020 7818 2919