Net Asset Value(s)

The Baillie Gifford Japan Trust PLC (BGFD)

26 March 2026

Legal Entity Identifier : 54930037AGTKN765Y741

Cum Par NAV

940.36p

Cum Fair NAV

944.00p

Ex Par NAV

937.13p

Ex Fair NAV

940.77p

The fair value of long term borrowings is calculated weekly, using methodologies consistent with the International Private Equity and Venture Capital Valuation (IPEV) Guidelines.

Net Asset Values are unaudited, and calculated in accordance with published accounting policies and AIC guidelines.

Cum Par NAV: Net asset value per share in pence, including income, with debt at par value.

Cum Fair NAV: Net asset value per share in pence, including income, with debt at fair value.

Ex Par NAV: Net asset value per share in pence, excluding income, with debt at par value.

Ex Fair NAV: Net asset value per share in pence, excluding income, with debt at fair value.