5 AUGUST 2025

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC (“the Company”) announces that at the Annual General Meeting held on 5 August 2025 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 and Brigid Sutcliffe and to elect as a director John E Milad who was appointed to the Board on 21 August 2024.

David Mayes did not stand for re-election at the AGM and has retired as a director of the Company at the conclusion of the AGM.

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 2025 together with the strategic report, Directors’ report and independent auditor’s report thereon.	9,958,604	433,863	114,436	109,704
2	To approve and declare a final dividend of 1.5p per share in respect of the year ended 31 March 2025	9,952,514	392,373	137,406	134,314
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2025 other than the part of such report containing the Director’ remuneration policy	8,751,594	588,324	745,632	531,057
4	To re-elect Ms D N Hudson as a Director	9,492,273	569,390	315,733	239,211
5	To re-elect Ms B A Sutcliffe as a Director	9,242,416	516,478	506,300	351,413
6	To elect Mr J E Milad as a Director	9,150,805	512,666	621,054	332,082
7	To appoint Johnston Carmichael LLP as independent auditor	9,849,688	492,907	130,345	143,667
8	To authorise the Audit & Risk Committee to fix the remuneration of the independent auditor	9,830,516	539,942	136,445	109,704
9	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 for the purposes of the Offer	9,441,755	586,142	422,853	165,857
10	To generally authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	9,643,990	578,339	209,778	184,500
11	To disapply Section 561(1) of the Companies Act 2006 in relation to certain allotments of equity securities for the purposes of the Offer	9,069,154	656,809	639,401	251,243
12	To disapply Section 561(1)of the Companies Act 2006 in relation to certain other allotments of equity securities	8,931,381	776,276	657,707	251,243
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	9,776,730	539,942	138,736	161,199
14	To adopt the new articles of association produced to the AGM	9,150,715	634,263	335,538	496,091
15	To cancel the share premium account and credit the amount so cancelled to a special reserve of the Company	9,647,611	598,985	126,384	243,627

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.