Title: URL Source: https://is.gd/5ePsnI Published Time: Mon, 16 Jun 2025 13:20:59 GMT Markdown Content: For the full investment policy and investment strategy, visit artemisfunds.com/ funds Objective The Trust aims to achieve long-term total returns for shareholders primarily by actively investing in a broad cross-section of small to medium sized UK quoted companies. Ordinary shares Share price 371.0p NAV 436.7p Cum-income, debt at fair value Premium/Discount -15.0% Gearing 0.0% Shares in issue 30,373,362 Capability UK equity Focus Growth Total assets £132.6m Launch date 1 Mar 1988 # Artemis UK Future Leaders plc ## Investment trust seeking UK smaller companies at attractive ## valuations with market leading positions Marketing communication Factsheet 31 May 2025 Growth Potential A focus on dynamic UK smaller companies – an area historically proven to deliver strong, long- term returns Long Term Approach Looking past short-term uncertainty can highlight long term opportunities Disciplined and Research-Driven Every investment is underpinned by in-depth, company analysis 3y 5y 10y -6.28 2.29 4.43 -5.12 1.36 3.62 0.37 6.79 4.15 Annualised returns (%) Since 1m 3m 1y 3y 5y 10y appointed n NAV per share 7.22 2.84 -12.09 -17.69 12.01 54.36 3.96 n Share price 7.77 1.77 -10.46 -14.59 7.01 42.69 5.79 n Benchmark 7.30 6.45 1.10 1.10 38.94 50.15 7.34 Cumulative returns (%) Performance track record (%) n Share price n Deutsche Numis UK Smaller n NAV per share 12-month returns to 31 March (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 NAV -9.61 -1.64 -16.88 2.06 54.16 -15.71 3.16 11.87 23.62 10.49 Share price -14.75 1.52 -16.79 3.29 45.82 -18.37 2.36 11.31 29.85 12.30 Benchmark -0.35 2.96 -13.37 -2.14 71.31 -23.18 -4.09 6.98 21.41 3.56 Calendar year returns (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 NAV -1.15 0.20 -25.88 27.85 -5.30 36.76 -11.21 26.48 12.53 18.07 Share price -7.09 7.65 -28.49 23.70 -15.27 46.77 -11.41 30.39 11.38 28.29 Benchmark 5.02 3.21 -21.93 20.03 4.93 22.16 -15.84 21.89 12.01 8.58 Source: Lipper Limited/Artemis to 31 May 2025. Since launch data from when Artemis was appointed investment manager on 10 March 2025. NAV figures show total returns with dividends reinvested, net of all charges. Performance does not take account of any costs incurred when investors buy or sell the trust. The value of the trust and any income from it can fall or rise because of movements in stockmarkets, currencies and interest rates, each of which can move irrationally and be affected unpredictably by diverse factors, including political and economic events. See page 3 for further risk considerations. Past performance is not a guide to the future. Your capital is at risk. ## Ordinary shares Ticker AFL LN ISIN GB00B1FL3C76 For any important changes to our funds, visit artemisfunds.com/fund-changes Trust characteristics Base currency GBP Year end 31 Jan AGM date June Directors Bridget Guerin, Mike Prentis, Graham Paterson and Simon Longfellow For the latest trust and market commentaries visit artemisfunds.com/insights Investment team Mark Niznik Manager Since Artemis appointed as manager William Tamworth Manager Since Artemis appointed as manager Artemis was appointed as investment manager on 10 March 2025 Companies plus AIM (-InvTrust) Index TR The value of the trust and any income from it can fall or rise because of movements in stockmarkets, currencies and interest rates, each of which can move irrationally and be affected unpredictably by diverse factors, including political and economic events. # -- Artemis appointed as manager Benchmark Deutsche Numis UK Smaller Companies plus AIM (-InvTrust) TR A widely-used indicator of the performance of the UK smaller companies stockmarket, in which the fund invests. It acts as a ‘comparator benchmark’ against which the fund’s performance can be compared. Management of the fund is not restricted by this benchmark. > 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 > -50 -25 025 50 75 100 125 # Portfolio Factsheet 31 May 2025 Artemis UK Future Leaders plc Sector breakdown (%) Consumer Discretionary 33.1 Industrials 28.3 Technology 13.8 Financials 11.4 Real Estate 2.8 Consumer Staples 2.2 Energy 2.2 Telecommunications 1.9 Utilities 1.7 Health Care 1.2 Basic Materials 0.7 Market cap breakdown (%) n £0 - £250m 14.3 n £250m - £500m 31.1 n £500m - £1bn 23.3 n £1bn - £1.5bn 20.6 n £1.5bn - £2bn 7.9 n £2bn and over 2.1 Top 10 holdings (%) Alpha Group International 3.0 Serco 2.8 Mears Group 2.8 Mony Group 2.8 Chemring Group 2.6 Moonpig Group 2.4 Brooks MacDonald Group 2.3 GB Group 2.2 Hilton Food Group 2.2 Dunelm Group 2.1 Total number of holdings 65 Source: Artemis as at 31 May 2025. Figures may not add up to 100% due to rounding and/or cash holdings. Page 2/4 Source: Artemis. Dividend is per share. Maximum last 12 dividends shown. # Dividend history 2024/2025 Record date Ex-dividend date Payment date Dividend Final 09 May 2025 08 May 2025 12 Jun 2025 3.45p 3rd Interim 14 Feb 2025 13 Feb 2025 07 Mar 2025 3.85p 2nd Interim 08 Nov 2024 07 Nov 2024 06 Dec 2024 3.85p 1st Interim 02 Aug 2024 01 Aug 2024 30 Aug 2024 3.85p 2023/2024 Record date Ex-dividend date Payment date Dividend Final 10 May 2024 09 May 2024 11 Jun 2024 5.41p 3rd Interim 16 Feb 2024 15 Feb 2024 12 Mar 2024 3.85p 2nd Interim 10 Nov 2023 09 Nov 2023 08 Dec 2023 3.85p 1st Interim 04 Aug 2023 03 Aug 2023 01 Sep 2023 3.85p 2022/2023 Record date Ex-dividend date Payment date Dividend Final 12 May 2023 11 May 2023 13 Jun 2023 6.79p 3rd Interim 17 Feb 2023 16 Feb 2023 14 Mar 2023 3.75p 2nd Interim 11 Nov 2022 10 Nov 2022 09 Dec 2022 3.75p 1st Interim 05 Aug 2022 04 Aug 2022 01 Sep 2022 3.75p Total dividend - last five trust financial years (pence per share) Dividend frequency Quarterly Pay dates Mar, Jun, Sep, Dec Year end 31 Jan Dividend Policy The Company’s dividend policy is to distribute all available revenue earned by the portfolio in the form of dividends to shareholders. In addition, the Board has approved the use of the Company’s capital reserves to enhance dividend payments. Therefore, the total dividend, paid to shareholders on a quarterly basis, comprises income received from the portfolio, with the balance coming from realised capital profits. Whilst not guaranteed, in normal circumstances, the dividend for the year ending 31st January is calculated to give a yield of 4% based on the year end share price. It does not include any preliminary charges and investors may be subject to tax on dividends received. For further information on dividends, including historic rates, please review the latest annual financial report in the literature library section of the website ( artemisfunds.com/futureleaders ). > nInterim nFinal > 15.00 16.96 18.04 22.80 16.01 2024 / 25 2023 / 24 2022 / 23 2021 / 22 2020 / 21 510 15 20 25 # Ratings Third party endorsements are not a recommendation to buy. For sources, dates and other information, visit artemisfunds.com/endorsements Factsheet 31 May 2025 Artemis UK Future Leaders plc Page 3/4 Premium/discount to share price The premium/discount to share price is the difference between the share price and the underlying value of an investment trust. Dividend A dividend is the amount, usually expressed on a per-share basis, that a company pays to its shareholders from after-tax earnings. Ex-dividend date The ex-dividend date, also known as the XD date, is the date on which any dividend to be paid is taken out of the value of a fund or company's shares, thereby reflecting that payment in the value of the share. Gearing Gearing is the measure of a company's level of long-term debt (or borrowing) compared to its equity capital, often expressed as a percentage. It is a measure of a company’s financial leverage and indicates the extent to which its operations are funded by lenders versus shareholders. Investment trust An investment trust is a publicly-quoted company that invests its shareholders' monies in the shares of other companies. An investment trust is a collective investment scheme, but has a fixed number of shares. Net asset value (NAV) Net asset value is the total value of a company, measured by taking the total value of its assets, less its liabilities. The net asset value per share, is calculated by dividing the resulting number by the number of shares in issue. This term is used to describe the underlying value of a trust’s shares. Pay date The pay date is the date on which a dividend is paid to shareholders. Share price A share price is the price of a particular company's shares at a particular time, as determined by the stock market. # Glossary # Corporate # information Registered office 50 Bank Street Canary Wharf London E14 5NT Company number 02129187 Registered in England and Wales Registrars MUFG Corporate Markets (formerly known as Link Group) 10th Floor 29 Wellington Street Leeds England LS1 4DL Contact artemisukfutureleaders@ntrs.com Market volatility risk The value of the trust and any income from it can fall or rise because of movements in stockmarkets, currencies and interest rates, each of which can move irrationally and be affected unpredictably by diverse factors, including political and economic events. Currency risk The trust's assets may be priced in currencies other than the trust base currency. Changes in currency exchange rates can therefore affect the trust's value. Smaller companies risk Investing in small companies can involve more risk than investing in larger, more established companies. Shares in smaller companies may not be as easy to sell, which can cause difficulty in valuing those shares. Income risk Although the trust aims to pay a regular income, the payment of income and its level is not guaranteed. Charges from capital risk Where charges are taken wholly or partly out of a trust's capital, distributable income may be increased at the expense of capital, which may constrain or erode capital growth. Counterparty risk Investments such as derivatives are made using financial contracts with third parties. Those third parties may fail to meet their obligations to the trust due to events beyond the trust's control. The trust's value could fall because of loss of monies owed by the counterparty and/or the cost of replacement financial contracts. Leverage risk The trust may operate with a significant amount of leverage. Leverage occurs when the economic exposure created by the use of derivatives is greater than the amount invested. A leveraged portfolio may result in large fluctuations in its value and therefore entails a high degree of risk including the risk that losses may be substantial. # Risk considerations To ensure you understand whether this trust is suitable for you, please read the Key Investor Information which is available from > artemisfunds.com > fundinfo.com .Page 4/4 Factsheet 31 May 2025 Artemis UK Future Leaders plc # Other information This is a marketing communication. Before making any final investment decisions, and to understand the investment risks involved, refer to the Investor Disclosure Document, Articles of Association and KID, available in English, from artemisfunds. com or fundinfo.com . We recommend that you get independent financial advice before making any investment decisions. CAPITAL AT RISK. All financial investments involve taking risk and the value of your investment may go down as well as up. This means your investment is not guaranteed and you may not get back as much as you put in. Any income from the investment is also likely to vary and cannot be guaranteed. Artemis does not provide investment advice on the advantages or suitability of its products and no information provided should be viewed in this way. Artemis only provides information about its own products and services and does not advise investors. Should you be unsure about the suitability of an investment, you should consult a suitably qualified professional adviser. Reference to specific shares or companies should not be taken as advice or a recommendation to invest in them. Third parties (including FTSE and MSCI) whose data may be included in this document do not accept any liability for errors or omissions. For information, visit artemisfunds.com/third-party-data . Any research and analysis in this communication has been obtained by Artemis for its own use. Although this communication is based on sources of information that Artemis believes to be reliable, no guarantee is given as to its accuracy or completeness. Any forward-looking statements are based on Artemis’ current expectations and projections and are subject to change without notice. This trust is not subject to any form of regulation or approval in the Isle of Man. This document has not been registered or approved for distribution in the Isle of Man and may only be distributed in or into the Isle of Man by a person permitted under Isle of Man law to do so and in accordance with the Isle of Man Collective Investment Schemes Act 2008 and regulations made thereunder. The participants in the trust are not protected by any statutory compensation scheme. Visit artemisfunds.com/glossary for an explanation of investment terms. Issued by Artemis Fund Managers Ltd which is authorised and regulated by the Financial Conduct Authority. Financial advisers and retail investors: The company currently conducts its affairs so that the shares in issue can be recommended by financial advisers to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA’s) rules in relation to non-mainstream investment products and intends to do so for the foreseeable future. The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.