POSTING OF CIRCULAR

Draper Esprit plc

("Draper Esprit" or the "Company")

POSTING OF CIRCULAR

Draper Esprit (dual listed, AIM: GROW, Euronext Growth: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, announces that it has, today, published a circular to shareholders (the "Circular") containing details of the proposed amendments to the Company's existing articles of association (the "Existing Articles") and proposed amendments to the existing Investment Policy in connection with the cancellation of the admission of the Company's ordinary shares to trading on AIM and Euronext Growth, and the proposed listing to the Premium Segment of the Official List and to trading on the London Stock Exchange's Main Market as well as to the secondary listing segment of the Official List of Euronext Dublin and to trading on the regulated market of Euronext Dublin.

The Circular is available on the Company's website (here: www.draperesprit.com) and will be posted to shareholders. A copy of the Existing Articles marked to show all the proposed amendments is also available on the Company's website.

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About Draper Esprit

Draper Esprit is one of the most active venture capital firms in Europe, investing in disruptive, high growth technology companies. We believe the best entrepreneurs in Europe are capable of building the global businesses of the future. We fuel their growth with long-term capital, access to international networks and decades of experience building businesses.

Currently, Draper Esprit is a shareholder in a diverse portfolio of 71 companies with 17 of those part of our core portfolio representing c.68% of Gross Portfolio Value. Our core companies include UiPath, Aircall, Graphcore and Revolut. We invest across four sectors: Consumer Technology, Enterprise Technology, Hardware and Deeptech, and Digital Health and Wellness, with highly experienced partners constantly looking for new opportunities in each. We look for high growth companies with strong IP, powerful technology, and the management teams to deliver success. They operate in new markets, with serious potential for global expansion. We also look for businesses with the potential to generate strong margins to ensure rapid, sustainable growth in substantial addressable markets.

Draper Esprit provides an opportunity for public market investors to access these fast-growing tech businesses, without having to commit to long term investments with limited liquidity. Since IPO in June 2016, we have deployed circa £550m+ capital into fast growing technology companies and have realised over £300m. We raised gross proceeds in October 2020 and June 2021 (c.£110m and £111m respectively) to help us capitalise on a European VC market which is expanding rapidly but is still less than one quarter of the combined size of the US and European market by value. It will also allow us to capitalise on the transition to a digital future that has been given added impetus as a result of the recent pandemic.

For more information, go to https://draperesprit.com/