10 May 2022

Venture Life Group plc

("Venture Life" or the "Company")

Exercise of Share Options & Voting Rights

Venture Life (AIM: VLG), a leading developer, manufacturer and distributer of consumer self-care products, announces that is has issued 666,667 ordinary shares of 0.3 pence each in the capital of the Company ("Ordinary Shares") in accordance with an exercise of employee share options, subject to Admission to trading on AIM.

Application will be made to the London Stock Exchange for the 666,667 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 13 May 2022.

Following Admission, the total number of Ordinary Shares in issue will be 126,498,197 and the total number of voting rights will therefore be 126,498,197. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Venture Life Group PLC                                                                                              +44 (0) 1344 578004

Jerry Randall, Chief Executive Officer

Daniel Wells, Chief Financial Officer

Cenkos Securities plc (Nomad and Joint Broker)                                                  +44 (0) 20 7397 8900

Stephen Keys / Camilla Hume (Corporate Finance)

Russell Kerr / Michael Johnson (Sales)

Singer Capital Markets (Joint Broker)

Shaun Dobson / Alaina Wong  (Corporate Finance)                                            +44 (0) 20 74963000

Jonathan Dighe (Sales)