Issue of Equity

Maven Income and Growth VCT 4 PLC (the Company)

Issue of Equity

On 2 October 2025, the Company launched an offer for subscription for new ordinary shares of 10p each (Ordinary Shares) to raise up to £7.5 million, with an over-allotment facility for up to a further £5 million (the Offer).

Pursuant to the Offer, a total of £2,305,521 of valid applications were received in the period from 9.00am on 11 December 2025 up to and including 9.00am on 12 February 2026 in respect of the 2025/2026 tax year. As a result, the Company has issued and allotted 4,206,094 new Ordinary Shares on 17 February 2026. In accordance with the allotment formula set out in the prospectus for the Offer, the offer prices at which the shares were issued were in the range of 54.09p to 56.05p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 163,190,160. Therefore, the total number of voting rights in the Company is 163,190,160 and this may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

In respect of this allotment, an application will be made by the Company to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on the London Stock Exchange's main market for listed securities. It is expected that the admission of the new Ordinary Shares will become effective, and dealings will commence, on or around 18 February 2026.

This is the second allotment in respect of the 2025/2026 tax year and the Board of the Company intends that further allotments in respect of applications for the 2025/2026 tax year will take place on, or before, 31 March 2026 and on, or before, 5 April 2026. It is also intended that an allotment in respect of applications for the 2026/2027 tax year will take place on, or before, 30 April 2026. The Company's Offer has, to date, received applications totalling £5,830,837 for both tax years.

For further information, please contact:

Maven Capital Partners UK LLP

Telephone: 0141 306 7400

E-mail: [email protected]

Maven Capital Partners UK LLP

Secretary

17 February 2026