Offer for Subscription and Issue of Offer Document

Unicorn AIM VCT plc

Legal Entity Identity number: 21380057QDV7D34E9870

Offer for Subscription and Issue of Offer Document

Unicorn AIM VCT plc (Company) has today launched an offer to raise up to £20 million, with an over-allotment facility to raise up to a further £15 million, through the subscription of up to a maximum of 60 million ordinary shares of 1p each (Offer). Full details of the Offer are contained in an offer document (Offer Document), which was published by the Company today.

The Offer opens today and will close for applications at 12.00 noon on 2 April 2026 in respect of the 2025/2026 tax year and 5.30 p.m. on 31 July 2026 in respect of the 2026/2027 tax year (or, if earlier, as soon as the Offer is fully subscribed or otherwise at the board's discretion).

It is currently envisaged that there will be at least two allotments of shares pursuant to the Offer before the end of the 2025/2026 tax year, on or around 6 March 2026 and 2 April 2026 (or, if earlier, following full subscription), and thereafter at the discretion of the Board. Allotment of shares may, however, be made more or less frequently at the discretion of the Board. Listing and commencement of dealings is expected to take place three business days following allotment.

Prospective investors should note that applications elected to be made in the 2026/2027 tax year will result in the allotment of shares pursuant to the Offer after 5 April 2026, from which point the amount of upfront income tax relief available to prospective investors on subscription for shares will be on 20% (and not 30%) of the amount subscribed as announced in the 2025 Autumn Budget. Prospective investors should further note that applications elected (in whole or part) for the 2025/2026 tax year which are received on or before 12.00 noon on 2 April 2026 where payment is not received by 12.00 noon on 2 April 2026 will be deemed to be revoked (in whole or part, as relevant).

The Offer Document will shortly be available for download from the Company's website (http://www.unicornaimvct.co.uk) and from the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).

For further information, please contact:

Promoter to the Offer and Investment Manager to the Company

Unicorn Asset Management Limited

Chris Hutchinson

Telephone: 020 7253 0889

Email: [email protected]

Distributor to the Offer

LGBR Capital Limited

Glenn Hamilton

Telephone: 020 3195 7100

Email: [email protected]