Update on NAV and SpaceX Valuation

Summary by AI ^BETAClose X

Baillie Gifford US Growth Trust PLC announced an upward adjustment to the valuation of its Space Exploration Technologies Corporation (SpaceX) holding, reflecting its policy for private company investments and confirmation of SpaceX's initial public offering price. This adjustment has increased the Net Asset Value to 343.91p as of June 3, 2026. Consequently, SpaceX now represents 16.5% of the company's total assets, up from 13.8% on April 30, 2026.

Disclaimer*

Baillie Gifford US Growth Trust PLC

04 June 2026

This announcement contains inside information for the purposes of Article 7 of the UK Market Abuse Regulation. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Baillie Gifford US Growth Trust plc ('USA')

Legal Entity Identifier: 213800UM1OUWXZPKE539

Update on Net Asset Value and adjustment to the valuation of Space Exploration Technologies Corporation ('SpaceX')

Today, the Board has been advised by the Manager of an upwards adjustment in the valuation of the Company's holding in SpaceX in line with its policy for valuing private company investments and the confirmation from SpaceX of the initial public offering price. This has been reflected in the Net Asset Value of the Company which as at close of business on 3 June 2026 stands at 343.91p.

Following that adjustment in valuation the proportion of the Company's total assets made up by SpaceX stands at 16.5% at close of business on 3 June 2026, compared with 13.8% on 30 April 2026.

Baillie Gifford & Co Limited

Company Secretaries

4 June 2026

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

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