Title: 242087530.pdf URL Source: https://documentscdn.financialexpress.net/Literature/25AE267125A990D0566DD6CC01D85CE3/242087530.pdf Number of Pages: 5 Markdown Content: Factsheet – April 2026 www.ritcap.com 1Managed by J. Rothschild Capital Management Limited NAV Commentary RIT’s unaudited diluted NAV as at 30 April 2026 (with debt at fair value) was 2,970p per £1 ordinary share (31 March 2026: 2,967p), +0.8% for the month, including the interim dividend of 22.5p. YTD to 30 April, RIT’s NAV per share total return is +2.4%. Markets staged a sharp but narrow rally in April, reversing the losses of the first quarter. Where Q1 saw broad sector and geographic participation, April's move was concentrated in US technology and AI capital spending beneficiaries. Our participation in the rally was modest, reflecting both our global diversification across asset classes including unquoted holdings, and our deliberate choice to access the AI theme primarily through our Private Investments pillar, where we believe future champions are best identified and held. As a reminder, our private fund valuations are typically received two to three months after each quarter end and our private direct book is revalued semi -annually. Currency translation was also a headwind for our global portfolio as the US dollar declined -2.9% against sterling over the month. We continue to maintain a defensive stance in our overall allocation to equities, as we believe the ongoing closure of the Strait of Hormuz poses underappreciated challenges to the global economy. • Quoted Equities rose in April, with positive contributions across most of the pillar, particularly in emerging markets and Europe, partially offset by Japan. As expected, the upside capture was limited given our lower US exposure . • Private Investments were marginally down, reflecting receipt of approximately one third of Q1 fund valuations. Uplifts in private market valuations were broadly offset by weaker indirect public market holdings, consistent with the Q1 equity market selloff. • Uncorrelated Strategies generated a positive return in April, driven by strong performance from our macro managers, marginally offset by gold. During the month we added soft commodity exposure to complement existing gold and oil positions, reflecting our view that markets are underestimating the impact of the Middle East conflict on agricultural supply chains. • Currency translation was a meaningful detractor from performance over the period, driven primarily by a weakening US dollar against sterling. During April we repurchased £11.4m or approximately 515,000 RIT shares. At a glance Performance About RIT RIT Capital Partners plc (RIT) is listed on the London Stock Exchange’s FTSE 250 Index and is one of the UK’s largest investment trusts. RIT is managed by its wholly -owned subsidiary, J. Rothschild Capital Management Limited (JRCM). Our purpose is to grow your wealth meaningfully over time, through a diversified and resilient global portfolio. RIT is therefore best thought of as a core diversifier and part of a portfolio's global equity exposure. ## £4.4bn Total assets ## 10.5% 1 Average annualised NAV per share total return since inception, 1988 ## 2,195 p Share price ## 10.5% 1 Average annualised share price total return since inception, 1988 ## 0.8% NAV per share total return in month ## 2.4% NAV per share total return in 2026 ## -26.1% Discount at month end ## 2,970p NAV per share Total return performance Month YTD 1 year 3 Years 5 Years 10 Years NAV per share 2 0.8% 2.4% 16.2% 31.4% 22.5% 126.4% Share price 2 5.6% -2.3% 19.1% 16.8% -1.8% 60.9% CPI plus 3% per annum 3 0.5% 2.1% 6.3% 17.9% 47.4% 87.2% ACWI (50% £) 4 8.2% 6.0% 29.9% 65.9% 69.5% 224.7% Annual total return 2021 2022 2023 2024 2025 2026 YTD NAV per share 2 23.6% -13.3% 3.2% 9.4% 13.5% 2.4% Share price 2 35.1% -21.5% -9.6% 7.9% 16.9% -2.3% CPI plus 3% per annum 3 8.4% 13.5% 7.0% 5.5% 6.4% 2.1% ACWI (50% £) 4 20.0% -12.9% 18.4% 20.1% 17.1% 6.0% Factsheet – April 2026 www.ritcap.com 2Managed by J. Rothschild Capital Management Limited A distinctive approach Our key differentiators are our unrivalled network, internal expertise and flexible investment mandate. These enable us to source and underwrite high - quality, often hard -to -access investments, and implement them in a capital efficient way across asset classes and geographies. Long -term investing Above all, our approach is long term. We aim to deliver compelling growth through market cycles and superior long -term performance, with less risk than equity markets. A well -balanced, unique portfolio Each of our investments is meticulously chosen, structured and monitored to create a unique, high -conviction, balanced portfolio. Where every position matters but none has a disproportionate impact on returns. And where returns compound over time. Our global portfolio is diversified across three primary strategic pillars - Quoted Equities, Private Investments and Uncorrelated Strategies - always with a long -term view and focus on risk management. Risk warnings Please refer to page five for important information regarding risk warnings. Annual dividend per share (p) Performance since inceptio n £10,000 invested in RIT at inception in 1988 would be worth ~£ 432 ,000 today (with dividends reinvested) compared to the same amount invested in the ACWI (50% £) 4 which would be worth ~£183,000. > 4 Key facts NAV per share 2,970p Share price 2,195p Discount -26.1% Total assets £4.4bn Net assets £4.1bn Average YTD net quoted equity exposure 5 45% OCF 6 0.73% Gearing 7 4.9% Shares in issue (less treasury shares) 136,971,706 First interim dividend paid (24 Apr 2026) 22.5p Second interim dividend planned to be paid (Oct 2026) 22.5p Total planned dividend (2026) 45.0p YTD annualised dividend yield 2.1% ISIN GB0007366395 Financial year end 31 Dec Manager JRCM > * 2026 planned dividend 30 31 32 33 34 35 35 37 38 39 43 45 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026* 0% 1,000% 2,000% 3,000% 4,000% 5,000% 1988 1993 1999 2004 2009 2015 2020 2025 CPI plus 3.0% ACWI (50% £) (TR) Share Price (TR) NAV per share (TR) Factsheet – April 2026 www.ritcap.com 3Managed by J. Rothschild Capital Management Limited A well -balanced, diversified portfolio across three main pillars 30 – 60% NAV > Long -term allocation range Quoted Equities Diversified, global strategies held directly through stocks, as well as public equity funds. We target diversified, global investments in listed equity markets, aiming for returns that outperform relevant equity market indices. We source these investments either directly through our in -house investment expertise or through our network and specialist external managers. Private Investments Investments in private markets, held through both direct investments and specialist managers. We target investments in private markets, aiming to generate double -digit compound returns over the long term. These investments have been a compelling source of returns , and typically structured to provide some downside protection. 20 – 40% NAV > Long -term allocation range 20 – 40% NAV > Long -term allocation range Uncorrelated Strategies A mix of strategies which aim to generate consistent returns in different market conditions, with a lower correlation to equity markets across the cycle. Underlying investments in this pillar are in traded instruments primarily focused on absolute return strategies (including market neutral and macro managers), credit investments, and some real assets and government bonds. We access most of these strategies through specialist external managers or co - investments. 63% 25% 4% 3% 2% 3% Sterling US dollar Japanese yen Euro Chinese renminbi Other Currency exposure (% NAV) 9 54% 13% 10% 10% 8% 6% -1% North America Emerging Markets Global Europe United Kingdom Japan Other Geographical exposure (% NAV) 10 43% 32% 26% -1% Currency, liquidity and other Uncorrelated Strategies Private Investments Quoted Equities Asset allocation (% NAV) Quoted Equities 43% Stocks 5 16% Funds 27% Private Investments 32% Funds 5,8 22% Direct 10% Uncorrelated Strategies 26% Absolute return and credit 19% Real assets 2% Government bonds and rates 5% Other -1% Currency, liquidity and other -1% Factsheet – April 2026 www.ritcap.com 4Managed by J. Rothschild Capital Management Limited Further Information Sustainability A commitment to sustainability and ESG issues is a core focus of both our Board and our manager, J. Rothschild Capital Management Limited. Read about our approach to responsible investing on our website: www.ritcap.com/about -us/sustainability Portfolio case studies Our case study series offers a window into some of the opportunities we have invested in – both existing and realised. Read about our portfolio in action on our website: www.ritcap.com/case -studies How to invest RIT’s shares can be held or purchased via a financial adviser, stockbroker, or an online investment platform. You can access most of these investment platforms via our website : www.ritcap.com/investor -relations/how -to -invest For information www.ritcap.com is constantly updated to ensure that our stakeholders can always access our latest data and information from any device. LinkedIn: www.linkedin.com/company/rit -capital Financial calendar August 2026 – Half Year 2026 results reported (estimated date) 31 December 2026 – Year end March 2027 – Full Year 2026 results reported (estimated date) Board of Directors Philippe Costeletos (Chairman) Jutta af Rosenborg (Senior Independent Director) Helena Coles Vikas Karlekar Cecilia McAnulty André Perold Dame Hannah Rothschild DBE CBE Manager J. Rothschild Capital Management Limited 27 St. James’s Place, London, SW1A 1NR +44(0) 20 7493 8111 Maggie Fanari, Chief Executive Officer Key Contacts Investor Relations T: 020 7647 8565 E: investorrelations@ritcap.co.uk E: info@cadarncapital.com Shareholder Enquiries For shareholder queries such as change of address, transfer of shares etc., please contact our Registrar, Computershare: T: 0370 703 6307 W: investorcentre.co.uk Brokers JP Morgan Cazenove Limited (Joint Broker) William Simmonds T: 020 3493 800 0 Deutsche Numis (Joint Broker) Nathan Brown/Vicki Paine T: 020 7260 1000 Media Brunswick Group T: 020 7404 5959 E: RIT@BrunswickGroup.com Footnotes: 1. As of 30 April 2026. The since inception return is calculated using the NAV per share and closing share price at 2 August 1988, with dividends reinvested. 2. All Total return performance figures are with dividends reinvested. 3. Using 31 March 2026 CPI data. 4. The ACWI refers to the MSCI All Country World Index and is calculated using 50% of the index measured in sterling and 50% measured in a sterling - hedged ACWI. The sterling -hedged ACWI is used as it incorporates hedging costs, which the portfolio also incurs, to protect against currency risk. It is applied from 1 January 2015 (from when it is readily available), and prior to this date it uses the index measured in local currencies. Before December 1998, when total return indices were introduced, the index is measured using a capital -only version. 5. Included in Quoted Equity stocks and excluded from Private Investments funds is an adjustment of 4.0 %, representing an estimate of publicly -traded equities held indirectly in private investment funds, based upon the latest available fund valuations as at March 2026. 6. As of 31 December 2025. This is RIT’s own ongoing charges figure (OCF), calculated based on recommendations from the Association of Investment Companies and excluding performance -related amounts as well as costs incurred within third -party funds. Refer to p.133 in the 2025 Annual Report and Accounts (ARA) for further detail. 7. Gearing is calculated in accordance with AIC guidance as total assets, excluding cash, divided by net assets. Refer to p.133 in the 2025 ARA for further detail. 8. As at 30 April, 37% of the funds portfolio was held at 31 March valuations, 60% at 31 December and 3% at 30 September valuations. 9. Excluding currency options. 10. Excludes the notional exposure from derivatives. When factoring in the exposure from equity futures and equity swaps, the exposure to Europe, Global, emerging markets and North America increases by 3%, 2% and 1% for the latter two, respectively. Factsheet – April 2026 www.ritcap.com 5Managed by J. Rothschild Capital Management Limited Risk warnings Past performance is no indication of future performance. The price of shares and income from them can rise and fall so invest ors could get back less than they originally invested or nothing at all. Net Asset Value (“NAV”) performance is not the same as share price performance and inv est ors may not realise returns in line with NAV performance. Exchange rate changes may cause the value of underlying overseas investments to go down as well as up. Thi s document may contain forward -looking statements with respect to the financial condition, performance and position, strategy, results of operations an d businesses of RIT. Such statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties. Actual results may d iff er materially from those expressed or implied, and these statements should not be relied upon as a guide to future performance. 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