Result of AGM

Summary by AI ^BETAClose X

Baronsmead Second Venture Trust Plc announced that all resolutions were passed at its Annual General Meeting held on March 19, 2026. Key resolutions included the adoption of the accounts for the year ended September 30, 2025, and the declaration of a final dividend of 2.25 pence per share, both receiving over 99% of votes cast. Directors' remuneration and the re-election of directors Sarah Fromson, Graham McDonald, Tim Farazmand, and Adriana Stirling were also approved with significant majorities, ranging from 89.51% to 96.86% of votes for. The re-appointment of BDO LLP as auditor and the authorization for the Audit & Risk Committee to determine their remuneration also passed with over 97% of votes. Furthermore, resolutions to authorize directors to allot shares, disapply pre-emption rights, and approve the purchase of the company's own shares all received strong support, with over 92% of votes cast in favour.

Disclaimer*

Baronsmead Second Venture Trust PLC

20 March 2026

Baronsmead Second Venture Trust Plc

("BSVT" or the "Company")

Result of the 2026 Annual General Meeting

BSVT is pleased to announce that, at the Annual General Meeting held on 19 March 2026, all resolutions set out in the Notice of Meeting were passed. All resolutions were voted on a poll, and the results of the poll for each resolution were:

Resolutions	Votes For (No. of shares)	For (%)	Votes Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total Votes	% of Issued Share Capital voted
Resolution 1 To receive and adopt the accounts for the year ended 30 September 2025	13,744,523	99.16	115,560	0.83	0	13,860,083	3.31%
Resolution 2 To declare a final dividend of 2.25 pence per share	13,758,978	99.27	101,105	0.72	0	13,860,083	3.31%
Resolution 3 To receive and approve the Directors' Remuneration Report for the year ended 30 September 2025	12,189,321	89.51	1,427,376	10.48	243,386	13,616,697	3.25%
Resolution 4 To re-elect Sarah Fromson as a Director	13,120,598	95.98	548,728	4.01	190,757	13,669,326	3.26%
Resolution 5 To re-elect Graham McDonald as a Director	13,122,301	96.13	527,870	3.86	209,912	13,650,171	3.26%
Resolution 6 To re-elect Tim Farazmand as a Director	13,234,729	96.82	434,597	3.17	190,757	13,669,326	3.26%
Resolution 7 To re-elect Adriana Stirling as a Director	13,240,888	96.86	428,438	3.13	190,757	13,669,326	3.26%
Resolution 8 To re-appoint BDO LLP as independent Auditor	13,397,355	97.74	308,972	2.25	153,756	13,706,327	3.27%
Resolution 9 To authorise the Audit & Risk Committee to determine the remuneration of the independent Auditor	13,526,825	98.59	193,418	1.40	139,840	13,720,243	3.27%
Resolution 10 To authorise the Directors to allot ordinary shares	13,394,968	97.98	276,133	2.01	188,982	13,671,101	3.26%
Resolution 11 To authorise the Directors to disapply pre-emption rights	12,591,063	92.08	1,081,718	7.91	187,302	13,672,781	3.26%
Resolution 12 To approve the purchase of the Company's own shares	13,487,881	98.09	261,484	1.90	110,718	13,749,365	3.28%
Resolution 13 That a general meeting may be called on not less than 14 clear days' notice	12,842,475	93.95	826,191	6.04	191,417	13,668,666	3.26%

NOTES:

1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chair of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.	The number of shares carrying voting rights on 19 March 2026 was 419,112,164 ordinary shares, carrying one vote each.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://greshamhouse.com/strategic-equity/private-equity/baronsmead-vcts/baronsmead-venture-trust-plc/
7.	A copy of resolutions 10 to 13 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information please contact:

Baronsmead VCT Investor Relations

020 7382 0999

baronsmeadvcts@greshamhouse.com

LEI 2138008D3WUMF6TW8C28

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