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Baillie Gifford US Growth Trust plc ( ' USA ' ) Legal Entity Identifier : 213800UM1OUWXZPKE539 Regulated Information Classification : Notice of Results Results for the year ended 31 May 2026 During the financial year to 31 May 2026 , the Company's share price and net asset value ( ' NAV ' after deducting borrowings at fair value ) returned 44.5 % and 31.0 % respectively . This compares with a total return of 29.8 % for the S & P 500 Index * ( in sterling terms ) . 3/4 As at 31 May 2026 , we held 27 private company investments which collectively comprised 45.0 % of total assets . 3/4 Turnover in the portfolio over the financial year was 23.7 % which is consistent with our five year plus time horizon . 3/4 Two new private company investments were made : Anthropic and OpenAI . 3/4 Twelve listed holdings were added to the portfolio : Alphabet , AppLovin , Axon Enterprise , Broadcom , Circle Internet Group , Coinbase Global , Figma , Knife River , Mastercard , Medline , RBC Bearings and United Therapeutics . 3/4 Airbnb , Capital One , Chewy , Datadog , Doximity , Globant SA , Ginkgo Bioworks , Inspire Medical Systems , Penumbra , Pinterest , Roku , Sana Biotechnology and The Trade Desk were listed holdings sold during the period . Tom Burnet , Chair : " The Company's strategy is to identify and own exceptional American growth companies : businesses that address large market opportunities , possess durable competitive advantages and distinctive cultures , and have the potential to deliver significant share price upside . This strategy is delivering results . Furthermore , the Manager sees further exciting opportunities for shareholder value creation ahead . AI , automation , space , healthcare and other transformative technologies are creating new markets and new winners . The Company is well positioned to capture the best of them . " Our aim is to find and back the exceptional companies on the right side of change and to be patient with them . Through this lens , our conviction in the portfolio and the outlook for this strategy is as high as ever . " On behalf of the Board , I would like to express my gratitude to shareholders with whom we have engaged and who have consistently expressed their support for this strategy . As per the Circular which we have published today , we ask that shareholders once again make their voices heard and vote at the forthcoming AGM to protect their Company and back this Board . " The Company has today published and made available to shareholders a separate circular containing the Notice of Annual General Meeting , together with details of the resolutions to be proposed at the meeting and information regarding attendance and voting arrangements . The Annual General Meeting will be held on 23 October 2026 at 1.00pm at the offices of Stephenson Harwood LLP in London ( 1 Finsbury Circus , London , EC2M 7SH ) . THIS YEAR'S AGM IS CRITICAL TO THE FUTURE OF YOUR COMPANY . SABA IS COUNTING ON YOU NOT VOTING YOUR SHARES SO IT CAN GAIN CONTROL . DO NOT LET IT . USE YOUR VOTE . PROTECT YOUR TRUST . BACK YOUR BOARD . Baillie Gifford US Growth Trust seeks to invest predominantly in listed and unlisted US companies which the Company believes have the potential to grow substantially faster than the average company , and to hold onto them for long periods of time , in order to produce long term capital growth . The Company has total assets of £ 995.5 million ( before deduction of loans of £ 37.1 million ) as at 31 May 2026 . You can find up to date performance information about Baillie Gifford US Growth on the Company website at bgusgrowthtrust.com * . Baillie Gifford US Growth Trust is managed by Baillie Gifford & Co , the Edinburgh based fund management group with approximately £ 197 billion under management and advice in active equity and bond portfolios for clients in the UK and throughout the world ( as at 30 June 2026 ) . * Source : LSEG and relevant underlying index providers . See disclaimer at the end of this announcement . For a definition of terms see Glossary of terms and alternative performance measures at the end of this announcement . Neither the contents of the Company website nor the contents of any website accessible from hyperlinks on the Company website ( or any other website ) is incorporated into , or forms part of , this announcement . Past performance is not a guide to future performance . The value of an investment and any income from it is not guaranteed and may go down as well as up and investors may not get back the amount invested . This is because the share price is determined by the changing conditions in the relevant stock markets in which the Company invests and by the supply and demand for the Company's shares . 17 September 2026 For further information please contact : Naomi Cherry , Baillie Gifford & Co Tel : 0131 275 2000 Henry Wilson , Burson Buchanan