ProVen Growth and Income VCT plc: Interim Management Statement

ProVen Growth and Income VCT plc Interim Management Statement for the three months ended 31 May 2026 ProVen Growth and Income VCT plc (the “Company”) presents an Interim Management Statement for the three-month period ended 31 May 2026. The statement also includes relevant financial information between the end of the period and the date of this announcement. Performance UnauditedAudited 31 May28 Feb 20262026 PencePenceNet Asset Value per share (“NAV”) 47.647.5Dividends paid to date (originally as "C" Shares)* 83.9083.90Total Return (NAV plus dividends paid since "C" Share class launch) 131.50131.40 * Dividends paid represents dividends paid in respect of the original "C" Shares between their launch in 2006 up until their conversion in 2009 and as Ordinary Shares since the "C" Share conversion. "C" Shares were converted into Ordinary Shares on a one for one basis in 2009. Dividends paid or declared On 3 June 2026, the Company announced a final dividend for the year ended 28 February 2026 of 1.3p per share. This dividend will be paid on 14 August 2026 to Shareholders on the register at 17 July 2026. Payment of this dividend will reduce the NAV per share as shown above to 46.3p and increase dividends paid to date to 85.2p per share. Investment portfolio summary at 31 May 2026 Portfolio summary CostValuation £'000£'000Venture capital investments Picasso Labs, Inc. (t/a CreativeX) 4,54612,924MPB Group Limited 1,1948,100Dash Brands Ltd 3,2827,250Gorillini NV (t/a Gorilla) 2,8867,121Papier Ltd 4,7036,980Luxury Promise Limited 6,0206,243Social Value Portal Ltd 2,6605,919Utilis Israel Ltd (t/a Asterra) 2,1445,216Litta App Limited 2,0535,158Infinity Reliance Limited (t/a My 1st Years) 2,7695,011Other venture capital investments 81,12952,111Total venture capital investments 113,386122,033Cash at bank and in hand 34,751Other net current assets 2,647Net assets 159,431 Unquoted investments are valued at fair values established using the International Private Equity and Venture Capital Valuation Guidelines. Investment activity during the three-month period ended 31 May 2026 Investment additions CostVenture capital investments £’000Mothership Drinks Ltd (t/a MOTH) 1,043Total 1,043 Investment disposals Market value atDisposalGain againstRealised gain / Cost1 March 2026ProceedsCost(loss) in period £’000£’000£’000£’000£’000Access Systems, Inc. (t/a AccessPay)1,7832,6602,6678847Total1,7832,6602,6678847 Investment activity from 1 June 2026 to the date of this announcement In the period from 1 June 2026 to the date of this announcement, a new investment was made in Checkboard Limited (t/a Kord) at cost of £1,068,000. In the period from 1 June 2026 to the date of this announcement, Dryden Holdings Limited (an investee company 100% owned by the Company) was fully disposed of, realising £nil of proceeds for the Company. Changes to share capital Ordinary Shares of 1.6187p each As at 1 March 2026 321,673,772Shares bought back during the 3 months to 31 May 2026 -Shares issued during the 3 months to 31 May 2026 13,506,644 As at 31 May 2026 335,180,416 In the period from 1 June 2026 to the date of this announcement, 498,642 Ordinary Shares were issued on 3 July 2026 pursuant to the offer for subscription that opened on 17 November 2025 and were allotted at an average price of 49.08p, based on the net asset value of 47.5p per Ordinary Share, being the net asset value as at 28 February 2026. In the period from 1 June 2026 to the date of this announcement, 6,165,285 Ordinary Shares were repurchased and subsequently cancelled. Material events Other than the matters described above, there were no material events during the period from 1 March 2026 to 31 May 2026 or in the period from 1 June 2026 to the date of this announcement. Further information Further information regarding the Company can be found on the Company's website: www.proveninvestments.co.uk or by contacting Beringea, the Investment Manager at info@beringea.co.uk or by telephone 020 7845 7820. Beringea LLP Company Secretary Telephone 020 7845 7820 -End