Maven Income and Growth VCT 3 PLC (the Company) - quarter ended 31 August 2023

The Directors confirm:

·        Net asset value (NAV)¹ of 53.16p per Ordinary Share as at 31 August 2023², compared to 53.62p at 31 May 2023; and

·       NAV total return³ of 150.73p per Ordinary Share as at 31 August 2023, compared to 150.69p at 31 May 2023.

Notes:

¹The NAV at 31 August 2023 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 31 May 2023, adjusted for subsequent events where appropriate.  There have been no material changes in the valuations of any of the unlisted investments during the period from 31 May 2023 to the date of this announcement.

²After the payment of the interim dividend of 0.50p per Ordinary Share on 25 August 2023.

³NAV 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

19 October 2023