Baillie Gifford US Growth Trust PLC Reduction in Management Fees (2914M)

TIDMUSA

RNS Number : 2914M

Baillie Gifford US Growth Trust PLC

20 September 2021

BAILLIE GIFFORD US GROWTH TRUST PLC (USA)

("The Company")

Legal Entity Identifier: 213800UMIOUWXZPKE539

Reduction in Management Fees

The Board of Baillie Gifford US Growth Trust plc announces that the Company's annual management fee payable to its Investment Managers and Secretaries, Baillie Gifford & Co Limited, has been reduced. With effect from 1 September 2021, the annual management fee on net assets in excess of GBP1 billion will be charged at a lower marginal rate of 0.50%.

The annual management fee is now as follows: 0.70% on the first GBP100 million of net assets, 0.55% on the next GBP900 million of net assets and 0.50% for net assets in excess of GBP1 billion. The fee will continue to be calculated and paid on a quarterly basis.

Baillie Gifford & Co Limited

Company Secretaries

20 September 2021

Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws and regulations.

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September 20, 2021 05:01 ET (09:01 GMT)