Investment Update

16 June 2020

Triple Point VCT 2011 plc

(the "Company")

INVESTMENT UPDATE

The Board of Triple Point VCT 2011 is pleased to announce that the Venture Share class (known as The Venture Fund) has completed its twelth investment.

An investment was made into Localz, a business which provides location, workflow and communications technology to enterprise businesses with large mobile workforces. This software facilitates real-time visibility of the workforce for providers of services such as gas boiler maintenance, mobile windscreen repair and home delivery. This facilitates a better experience for the ultimate end consumer by keeping them updated on service timings, whilst also saving significant operating costs for the enterprise client.

The investment is in line with the Company's investment criteria and risk and return profile.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.