Investment Update

23 November 2021

Triple Point VCT 2011 plc

(the "Company")

INVESTMENT UPDATE

The Board of Triple Point VCT 2011 plc is pleased to announce that the Venture Share class (known as The Venture Fund) has completed a further 5 investments since the end of August and now has 30 portfolio companies.

Investments have been made into:

· SonicJobs, an app-based job search platform specialising in roles in blue collar industries including hospitality, retail, beauty, logistics, health and social care.

· Pixie, a process automation software for small accountancy practices, providing accountants with best-in-class workflows for the Business-As-Usual processes that they need to run on behalf of their clients.

· A health sector company which sells a telemedicine solution for virtual consultations. The product offers a combination of triage, scheduling, record keeping, and integration with healthcare providers.

· A business operating a workplace learning platform that is sold to corporates on a software-as-a-service basis and allows customers' employees to choose from a wide range of training and education options.

· A company developing a revenue operations analytics tool, which enables sales managers to make the most of the data in their existing CRM without writing code or the need for business analysts.

The combined amount deployed into the above 5 investments is £2.3 million.

The investments are each 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.