HgCapital Trust plc Regulatory News (HGT)

23 July 2025

HgCapital Trust plc

("HgT", "the Company")

Legal Entity Identifier: 213800J7QUJJBEFSIN38

Directorate Change

HgT is pleased to announce that Mr Graham Paterson joins the HgT Board today as a Non-Executive Director and Audit, Valuation and Risk Committee's Chair Elect.

Jim Strang, Chairman of HgT, said: On behalf of the Board, I am delighted that Graham will join the HgT Board. As an experienced investment professional with over 25 years' experience in private equity and a chartered accountant, Graham brings a unique combination of skills and personal strengths that are highly complimentary to HgT now, and as we continue to execute our strategy of investing in a portfolio of high-growth private companies in the software and services sector."

Graham was one of the founding partners of SL Capital Partners LLP, where he was a Partner and Board Member until 2010. During his 13 years at SL Capital, he was one of the managers of Standard Life Private Equity Trust plc and was a member of the advisory boards to a number of leading private equity fund managers. In 2013, Graham co- founded TopQ Software Ltd, a technology company which develops software for the private equity industry. TopQ Software was acquired by eVestment Inc (now part of NASDAQ Inc) in 2015, where until early 2018, Graham was a Director of the private markets data and analytics business. Until 2018 Graham was also Chair of Octopus VCT 4 plc.

Graham currently serves as a Non-Executive Director of Diaceutics plc, Baillie Gifford US Growth Trust plc, Artemis UK Future Leaders plc and Gresham House Income & Growth VCT plc.

Graham is a member of the Institute of Chartered Accountants of Scotland having qualified with PwC and holds an MA Hons in Economics and Management from St Andrews University.

On appointment to HgT, he will join the Audit, Valuation and Risk Committee, the Nomination Committee and the Management Engagement Committee. Subject to his election at the Company's 2026 Annual General Meeting ("AGM") in May 2026, Graham will take on the role of HgT's Chair of the Audit, Valuation and Risk Committee, replacing Richard Brooman, who will retire from the Board at the conclusion of that AGM.

There are no other details that are required to be disclosed under 6.4.8R of the Listing Rules.

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About HgCapital Trust plc

HgCapital Trust plc, whose shares are listed on the London Stock Exchange (ticker: HGT.L), gives investors exposure through a liquid vehicle to a portfolio of high-growth private companies in the software and services sector. The selection of new investments and creation of value in these businesses are managed by Hg, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors. For further details, please see www.hgcapitaltrust.com.

For further details, see www.hgcapitaltrust.com and www.hgcapital.com