Maven Income and Growth VCT PLC (the Company) - quarter ended 30 November 2022

The Directors confirm:

·   Net asset value (NAV)¹ of 44.85p per Ordinary Share as at 30 November 2022, compared to 42.74p at 31 August 2022; and

·    NAV total return² of 148.01p per Ordinary Share as at 30 November 2022, compared to 145.90p at 31 August 2022.

Notes:

¹The NAV at 30 November 2022 is unaudited and reflects the closing bid price of quoted securities as at that date. Unlisted companies are normally valued on a six-monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 31 August 2022, adjusted for subsequent events where appropriate.

²NAV total return is the sum of NAV per Ordinary Share and dividends paid per Ordinary Share since launch.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

6 February 2023