Maven Income and Growth VCT 4 PLC

Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

The Board of Maven Income and Growth VCT 4 PLC (the Company) has announced previously that the NAV per share of the Company as at 31 March 2023 was 68.21p and that, in respect of the year ended 31 December 2022, a final dividend of 1.75p per share would be paid on 23 May 2023 to Shareholders on the register at close of business on 21 April 2023. In respect of Shareholders who had, by no later than 9 May 2023, elected to participate in the DIS, the Company will use the amount paid in respect of that final dividend to subscribe for new ordinary shares of 10p each in the Company (Ordinary Shares), to be issued at a price equivalent to the latest announced NAV per share.

The Board confirms that, following the payment of the final dividend, the effective NAV per share of the Company will be 66.46p and this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS in respect of the above dividend, the issue of which will be confirmed in a separate announcement in due course.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

12 May 2023