Maven Income and Growth VCT PLC

Unaudited Net Asset Value and Proposed Final Dividend

Unaudited Net Asset Value

On 24 March 2025, the Directors of Maven Income and Growth VCT PLC (the Company) announced that the unaudited net asset value of the Company as at 28 February 2025 was 39.37p per Ordinary Share.

Proposed Final Dividend

The Directors understand the importance to Shareholders of regular tax free distributions and, following the

completion of several profitable private company exits, elected to improve the dividend policy. From the year to 28 February 2025 onwards, the Company has increased its target annual dividend from 5% to 6% of the NAV per Ordinary Share at the immediately preceding year end. Shareholders should be aware that this remains a target and that decisions on distributions take into consideration a number of factors, including the realisation of capital gains, the adequacy of distributable reserves, the availability of surplus revenue, and the VCT qualifying level, all of which are kept under close and regular review.

The Directors propose that a final dividend of 1.25p per Ordinary Share in respect of the year ended 28 February 2025, be paid on 18 July 2025 to Shareholders on the register at close of business on 20 June 2025. This will bring the annual dividend to 2.40p per Ordinary Share, representing an annual yield of 6.08% based on the NAV at the immediately preceding year end.

Dividend Investment Scheme

The Company has in place a Dividend Investment Scheme (DIS) through which Shareholders may elect to have their dividend payments used to apply for new Ordinary Shares issued by the Company under the standing authority requested from Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax reliefs applicable for the tax year in which they are allotted. Terms & conditions of the scheme, together with a mandate form, are available from the Company's website at: www.mavencp.com/migvct.

Shareholders who have not previously applied to participate in the DIS and who wish to do so in respect of the dividend payable on 18 July 2025, should ensure that a mandate form, or CREST instruction if appropriate, is received by the Registrar, The City Partnership (UK) Limited, prior to the dividend election date of 4 July 2025.

Further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Article 7 of the Market Abuse Regulation (596/2014/EU)) that the Directors and the Company may have in their possession relating to the Company during the 30 day closed period leading up to the announcement of its annual results for the year ended 28 February 2025 has been or will be notified to a regulatory information service.

Issued on behalf of the Board                                              

Maven Capital Partners UK LLP

Secretary

25 April 2025