Transaction in Own Shares

Aberforth Smaller Companies Trust plc

Market Purchase by the Company of its own Ordinary Shares

The Board of Aberforth Smaller Companies Trust plc ("ASCoT") hereby gives notification that, pursuant to the authority granted at the Annual General Meeting of the Company held on 5 March 2026 to make market purchases of the Company's own shares, a market purchase of 12,500 Ordinary shares of the Company was made on 20 October 2026, at a price of 1,838.40p per share.

Following the purchase and cancellation of the above shares, 75,545,105 Ordinary shares will remain in issue. A total of 3,504,000 Ordinary shares have been purchased and cancelled under the above authority.

Aberforth Partners LLP, Secretaries

Tel: [phone].

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