Transaction in Own Shares

The Schiehallion Fund Limited (MNTN)

Legal Entity Identifier: 213800NQOLJA1JCWXQ56

Purchase of Own Securities

On 27/11/2023, the Company announces the purchase of 108,000 Ordinary Shares at a price of 66.65c.

Following the purchase and cancellation of the above shares, 1,032,391,907 will remain in issue. The Schiehallion Fund Limited holds no ordinary shares in Treasury.

The above figure (1,032,391,907) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Baillie Gifford & Co Limited

Company Secretaries

27/11/2023

Regulated Information Classification: Acquisition or disposal of the issuer's own shares