Result of AGM

28 JULY 2026

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC (“the Company”) announces that at the Annual General Meeting held on 27 July 2026 all of the resolutions set out in the notice of the meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Deborah Hudson, Brigid Sutcliffe and John E Milad.

A copy of the resolutions proposed and passed has been submitted to the National Storage Mechanism and will also be available from: www.mercia.co.uk/vcts/nvt/.

Details of proxy voting on the resolutions put to shareholders at the Annual General Meeting are as follows:

Number	Resolution	For	Discretionary	Against	Vote Withheld
1	To receive and approve the Company’s annual report and financial statements for the year ended 31 March 2026 together with the strategic report, Directors’ report and independent auditor’s report thereon.	8,596,502	195,910	92,440	83,307
2	To approve and declare a final dividend of 1.5p per share in respect of the year ended 31 March 2026	8,712,791	158,709	66,903	29,756
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2026 other than the part of such report containing the Director’ remuneration policy	6,914,764	244,593	1,147,947	660,855
4	To approve the Directors’ remuneration policy, which is set out in the Directors’ Remuneration Report	6,733,712	259,269	1,335,070	640,108
5	To re-elect Ms D N Hudson as a Director	7,765,224	195,910	498,397	508,628
6	To re-elect Ms B A Sutcliffe as a Director	7,487,418	257,965	597,747	625,029
7	To re-elect Mr J E Milad as a Director	7,582,648	195,910	476,869	712,732
8	To re-appoint Johnston Carmichael LLP as independent auditor	8,118,182	252,285	265,454	332,238
9	To authorise the Audit & Risk Committee to fix the remuneration of the independent auditor	8,208,374	600,735	110,977	48,073
10	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 for the purposes of the Offer	7,836,077	472,205	535,804	124,073
11	To generally authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	7,807,046	564,070	419,419	177,624
12	To disapply Section 561(1) of the Companies Act 2006 in relation to certain allotments of equity securities for the purposes of the Offer	7,677,495	445,896	563,880	280,888
13	To disapply Section 561(1)of the Companies Act 2006 in relation to certain other allotments of equity securities	7,402,586	532,481	729,787	303,305
14	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	8,132,380	578,514	199,007	58,258
15	To approve the cancellation of the share premium account	8,147,972	517,007	214,589	88,591
16	To amend the articles of association of the Company	6,465,343	1,593,381	314,816	594,619

Enquiries:

Sarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430

Website: www.mercia.co.uk/vcts

Neither the contents of the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website), are incorporated into, or form part of, this announcement.