Key Information Document Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. Product Name of Product: Polar Capital Global Financials Trust plc, Ordinary Shares PRIIP Manufacturer: Polar Capital LLP ISIN: GB00B9XQT119 Website: www.polarcapitalglobalfinancialstrust.com Call +44 (0) 20 7227 2700 for more information. The Financial Conduct Authority (FCA) is responsible for supervising Polar Capital LLP in relation to this Key Information Document. This Key Information Document is accurate as at 31 October 2024. What is this product? Type return on their investment and who can accept the risk of losing Polar Capital Global Financials Trust Plc (the "Company") is a some or all of their original investment. The product should be closed-ended investment company, incorporated as a publicconsidered a long-term investment, defined as five years or limited company in England and Wales. The Company hasmore. investment trust status. The Company’s Shares are listed and This is an Alternative Investment Fund (AIF) product. traded on the London Stock Exchange ("LSE"). Depositary HSBC Bank Plc, 8 Canada Square, London E14 Objectives 5HQ. The Company's share price is listed on the LSE, this can The Company aims to generate a growing dividend income be found at www.londonstockexchange.co.uk. Further together with capital appreciation by investing in a global information and corporate documentation including the latest portfolio of financials stocks primarily issued by companies and historic Annual and Interim Reports, can be obtained from within the financial sector operating in the banking, insurance, the Company's website: property and other sub-sectors. The Portfolio Manager may usewww.polarcapitalglobalfinancialstrust.com financial derivatives (complex instruments based upon the value Term of underlying assets) to help achieve the Company’s investment The Company does not have a limited life but will provide to objective and to manage exposure to risk.shareholders the opportunity to tender their shares every five- years. The first such tender process will be carried out on or Intended Retail Investor before 30 June 2025. This product is intended for all investors (including those with a with a basic level of investment knowledge) who are seeking a What are the risks and what could I get in return? Risk Indicator Lower Risk Higher Risk 12 3 4 5 6 7 The risk indicator assumes that you keep the product for 5 years. The actual risk can vary significantly if you cash in at an early stage and you may get back less. The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 5 out of 7, which is a medium-high risk class. This rates the potential losses from future performance at a medium-high level, and poor market conditions will likely impact our capacity to pay you. Shares in closed-ended funds are listed on a stock exchange. In unusual market conditions, it may be difficult to find a buyer. This means it might not be possible to sell the shares when desired. This product does not include any protection from future market performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire investment. Concentration Risk – the Company invests in a relatively concentrated number of companies based in the financial sector. This focused strategy can produce high gains but can also lead to significant losses. The Company is specialist in nature and therefore may be less diversified than other investment funds. Investment Risk – the Company invests in company shares globally, and share prices can rise or fall due to a number of factors affecting global stock markets. Derivative Risk – certain derivatives may result in gains or losses that are greater than the original amount invested. Derivatives also involve counterparty risk, which is the risk that a counterparty to the derivative contract cannot meet its contractual obligations. Currency Risk – the Company invests in assets denominated in currencies other than the Company's base currency. Changes in exchange rates may have a negative impact on the Company's investments. Investment performance information Returns on your investment will be determined by the performance of the shares of the Company and dividends generated. Performance may be positive or negative depending on a number of factors outlined below. Geographical, political and macroeconomic events can impact the Company’s performance. Due to its focus on financials, the portfolio is more sensitive to investor sentiment. Gearing, either through bank debt or the use of derivatives, may be utilised from time to time. Whilst the use of gearing is intended to enhance the NAV total return, it will have the opposite effect when the return on the Company’s investment portfolio is negative. The degree of risk which the Portfolio Manager incurs in order to generate the investment returns and the effect of gearing on the portfolio by borrowed funds can affect the portfolio returns per share positively or negatively. The Company measures the Portfolio Manager’s performance against the MSCI ACWI Financials Net Total Return Index (‘the Benchmark’). This has been used to measure the performance of the Company since 23 April 2020, although the Portfolio Manager does not seek to replicate the index in constructing the Company’s portfolio. The portfolio may, therefore, diverge substantially from the constituents of this benchmark. What could affect my return positively? Returns can be positively influenced by a number of factors. These include strong stock selection and allocation by the Company’s Portfolio Manager, their ability to make good investment decisions, performance of the underlying stocks led by a good macroeconomic environment. Good investor sentiment towards Financials may also impact returns positively. What could affect my return negatively? Poor macroeconomic conditions can lead to market volatility and result in negative performance of underlying stocks, negatively impacting shareholder returns. Local taxes, fluctuating exchange rates and regulatory intervention or underlying Company policy changes can also have a material impact on returns. Poor investment decisions and stock selection from the Portfolio Manager can adversely affect returns. Poor performance of the financial industry or investor sentiment can also impact shareholders. Under adverse market conditions, share prices may fall. If you decide to sell your shares, you may get back less than the amount initially invested. What happens if the Company is unable to pay out? As the shares are not traded directly with the Company or the Investment Manager but are traded on the LSE, any default by the Investment Manager will not materially affect the value of your shares. However, a default by the Company or any of the underlying holdings could affect the value of your investment. As the shares are listed on the LSE, any direct holding of these shares is not covered by any investor compensation schemes in relation to either the Investment Manager or the Company. The depositary, HSBC Bank plc, is responsible for the safekeeping of your assets. You may face a financial loss if HSBC Bank plc defaults on its obligations. There is no compensation or guarantee scheme in place to offset all, or any of, this loss. What are the costs? This disclosure has been prepared with reference to the Financial Conduct Authority’s Statement on forbearance in relation to investment trust disclosure requirements dated 19 September 2024. It does not seek to comply with the requirements of the PRIIPS Regulation. The Ongoing Charges Ratio (OCR) represents the total operating expenses of the Company expressed as a percentage of the average daily net asset value during the year. The OCR shows the annual percentage reduction in the net asset value as a result of the costs of running the Company. The OCR for the year to 30 November 2023 was 0.86%. The figures are estimates and may change in the future. The OCR is paid out of the assets of the Company. There are no additional costs for Shareholders to pay. Costs over time The person selling you or advising you about this product may charge you other costs. If so, this person will provide you with information about these costs, and show you the impact that all costs will have on your investment over time. The table below shows: - the impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period; - the meaning of the different cost categories.If you cash in after 1 If you cash in after 3 If you cash in after 5 year years years Total costs £0 £0 £0 Impact on return (RIY) per year0% 0% 0% Composition of costs This table shows the impact on return per year Entry costs 0% We do not charge an entry fee for this product. One-off costs Exit costs 0% We do not charge an exit fee for this product. Portfolio transaction costs 0% The impact of the costs of us buying and selling underlying Ongoing costs investments for the product. Other ongoing costs 0% The costs that we take each year for managing your investment. Incidental costsPerformance fees 0% The Company uses a benchmark against which net asset valueperformance is measured to assess performance fees.Performance fees are accrued daily and expressed as apercentage of average daily net asset value. Further informationabout performance fees, how they are calculated and thebenchmark can be found in the Company’s Annual Report andFinancial Statements; where payable, performance fees areincurred by the Company and are included in the respective years'OCR. Carried interest 0% There are no carried interests. How long should I hold it and can I take money out early? Recommended holding period: 5 years The Company's shares are listed on the LSE. If you require information on how you can sell your shares, please refer to your investment platform, stockbroker or the Company's registrar, Equiniti Limited, shareholder line 0800 3134922. Further information is available within the Company's Annual Report. How can I complain? If you have a complaint about the product, this document or the conduct of the manufacturer, please contact Polar Capital's investor relations team via email: Investor-Relations@polarcapital.co.uk or call +44 (0) 207 227 2700. Alternatively, you can also write to Polar Capital, 16 Palace Street, London SW1E 5JD, United Kingdom. Other relevant information The Company's Annual and Interim Reports, historic Prospectus, and other corporate documentation, can be found in the Document Library of the Company's website: www.polarcapitalglobalfinancialstrust.com