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 holding in Space Exploration Technologies Corporation ('SpaceX'), which has been incorporated into the Company's Net Asset Value. As of March 31, 2026, the Net Asset Value stands at 301.12p. Following this revaluation, SpaceX now represents 14.9% of the Company's total assets, an increase from 11.9% as of February 28, 2026.

Disclaimer*

Baillie Gifford US Growth Trust PLC

01 April 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. This has been reflected in the Net Asset Value of the Company which as at close of business on 31 March 2026 stands at 301.12p.

Following that adjustment in valuation the proportion of the Company's total assets made up by SpaceX stands at 14.9% at close of business on 31 March 2026, compared with 11.9% on 28 February 2026.

Baillie Gifford & Co Limited

Company Secretaries

1 April 2026

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