Result of AGM

Aberforth Smaller Companies Trust plc

Annual General Meeting held on 3 March 2022

The Board of Aberforth Smaller Companies Trust plc (“ASCoT”) hereby reports that all the resolutions proposed at the Annual General Meeting (‘AGM’) held on 3 March 2022 were passed by Shareholders on a show of hands. The total proxy votes received represented 63% of the 87,448,266 Ordinary Shares in issue.

The table below shows the result of the proxy voting:

Resolution	Votes in favour	Discretionary Votes	Votes against	Votes withheld	Total proxy votes
1	54,591,292	60,378	65,500	1,787	54,718,957
2	54,609,519	60,378	24,232	24,828	54,718,957
3	54,658,419	60,378	0	160	54,718,957
4	54,333,471	60,378	309,951	15,157	54,718,957
5	52,216,534	60,378	2,426,888	15,157	54,718,957
6	54,420,397	60,378	223,025	15,157	54,718,957
7	54,420,972	60,378	223,534	14,073	54,718,957
8	54,640,449	60,378	4,834	13,296	54,718,957
9	54,651,612	60,378	5,807	1,160	54,718,957
10	54,501,131	60,378	154,053	3,395	54,718,957

Note

A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution. Resolutions 1 to 9 were ordinary resolutions and resolution 10 was a special resolution.

The full text of the resolutions can be found in the Notice of the Annual General Meeting contained in the 2021 Annual Report and Financial Statements which has been submitted to the National Storage Mechanism and is available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Contact: 

Michael Campbell, Aberforth Partners LLP, Secretaries

Telephone: [phone]

3 March 2022