Publication of monthly factsheet

Summary by AI ^BETAClose X

UIL Limited reported a net asset value total return decline of 4.1% in May, contrasting with a 1.2% rise in the FTSE All Share total return index. Key market movements included a 19.3% drop in oil prices, a 5.1% gain in the S&P 500, and a 2.9% advance in the Euro Stoxx Index. Copper rose 7.8% while gold fell 1.7% to USD 4,540.26. UIL's ordinary share price increased by 0.5% to 200.00p, narrowing the discount to NAV from 27.7% to 24.2%. The company declared a third quarterly interim dividend of 2.00p per ordinary share. Notably, UIL's investment in Diraq is set to receive up to AUD 38.0m in proposed federal funding from the U.S. Department of Commerce.

Disclaimer*

UIL Limited

19 June 2026

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

Publication of monthly factsheet

The latest monthly factsheet for UIL Limited ("UIL" or the "Company") will shortly be available through the Company's website at:

https://www.uil.limited/investor-relations/factsheet-archive

Monthly commentary

PERFORMANCE

UIL's net asset value ("NAV") total return declined by 4.1% during May whilst the FTSE All Share total return Index was up by 1.2%.

Hopes of a deal that could bring an end to the US-Iran conflict saw a decline in the oil price which was down by 19.3% in May.

During the month, the S&P 500 Index gained 5.1% and the Euro Stoxx Index advanced by 2.9%. The ASX 200 Index rose by 0.8% and the FTSE 100 Index increased by 0.3% over the month.

Commodity markets were mixed in May with copper rising 7.8% and nickel declining by 2.1%. The gold price was down by 1.7%, closing the month at USD 4,540.26.

Sterling strengthened against the Canadian Dollar, appreciating 0.4% over the month. However, it weakened against US Dollar, Australian Dollar and New Zealand Dollar by 0.8%, 0.9% and 2.5% respectively.

PORTFOLIO UPDATE

UIL's top ten holdings are disclosed on a look through basis, taking into account the underlying

investments of Zeta Resources Limited. During the month, there was one change to the constituents of the top ten holdings with Gumtree Australia Markets Limited replacing CoreHealth Technologies as a result of relative valuation performance.

Amongst the listed holdings, share price performance was generally weaker during the month with Horizon Gold's share price declining by 12.2% due to a weak gold price. Resimac Group's share price fell by 6.1% and Utilico Emerging Markets' share price declined by 3.8% as a result of weaker market performance.

Roxmore Resources' share price decreased by 15.1% during the month due to the gold price declining. MoneyMe and Alliance Nickel's share prices were down by 1.2% and 2.9% respectively.

UIL's investment in Diraq is through Allectus Quantum Holdings Limited, an investment holding company for quantum technology investments with its current portfolio comprising only an investment in Diraq. During the month, UIL announced that Diraq signed a letter of intent with the U.S. Department of Commerce for up to AUD 38.0m in proposed federal funding from the CHIPS Research and Development Office. This will support production and scaling of fault-tolerant silicon quantum computing processors via the U.S. semiconductor industry.

ORDINARY SHARES

UIL's ordinary share price ended the month at 200.00p, an increase by 0.5%. The discount to NAV narrowed from 27.7% to 24.2% as at 31 May 2026.

UIL's third quarterly interim dividend of 2.00p per ordinary share in respect of the year ending 30 June 2026, was declared on 2 June 2026 which will be paid on 29 June 2026 to shareholders on the register on 12 June 2026.

ZDP SHARES

The 2026 ZDP share price remained unchanged at 148.00p and the 2028 ZDP share price was up by 0.4% ending the month at 129.00p.

Name of contact and telephone number for enquiries:

Charles Jillings

ICM Investment Management Limited +44(0)1372 271486

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END