ROYCE GLOBAL TRUST Business Summary

Royce Global Trust, Inc. (RGT) is a diversified closed-end investment management company that generates revenue through capital appreciation and investment income, including dividends and interest, from a global portfolio of small-cap and mid-cap equities. Managed by Royce Investment Partners, the fund employs a disciplined, value-oriented "core" approach, typically investing at least 80% of its net assets in equity securities and maintaining a significant international footprint with at least 65% of assets in companies located outside the United States. Its primary business segments are defined by its diversified sector exposure, which heavily features industrials, information technology, healthcare, and consumer discretionary stocks with market caps generally under $10 billion. RGT competes directly with other global closed-end funds such as the Abrdn Global Dynamic Dividend Fund (AGD), Lazard Global Total Return and Income Fund (LGI), and the abrdn Global Premier Properties Fund (AWP), positioning itself as a specialized vehicle for investors seeking high-conviction exposure to the global small-cap "quality value" segment. The trust is led by a management team with an extensive pedigree in small-cap investing, anchored by Founder and Senior Advisor Charles M. "Chuck" Royce, a pioneer in the asset class with over 50 years of industry experience. The current executive leadership includes Christopher D. Clark, who serves as Chief Executive Officer, President, and Co-Chief Investment Officer, and Francis D. Gannon, the Co-Chief Investment Officer and Managing Director. Financial and administrative operations are overseen by Peter K. Hoglund (CFO and CAO), while legal and compliance functions are led by John E. Denneen (General Counsel) and John P. Schwartz (Chief Compliance Officer). The fund's specific portfolio strategy is spearheaded by Portfolio Manager Steven McBoyle, who focuses on companies with high returns on invested capital. The Board of Directors provides independent oversight and includes notable members such as Lead Independent Director Christopher C. Grisanti and Patricia W. Chadwick, ensuring alignment with the interests of its institutional and retail shareholders.