Result of AGM

Resolutions

Votes For

(No. of shares)

For

(%)

Votes Against

(No. of shares)

Against (%)

Votes Withheld

(No. of shares)

Total

Votes

% of Issued Share Capital voted

Resolution 1

To receive and adopt the accounts for the year ended 30 September 2025

22,980,758

98.40

374,796

1.60

34,894

23,355,554

5.40%

Resolution 2

To declare a final dividend of 2.00 pence per share

23,251,127

99.43

133,504

0.57

5,817

23,384,631

5.40%

Resolution 3

To receive and approve Directors' Remuneration Report for the year ended 30 September 2025

21,885,006

95.69

986,123

4.31

519,319

22,871,129

5.28%

Resolution 4

To elect David Melvin as a Director

22,744,568

98.06

449,440

1.94

196,440

23,194,008

5.36%

Resolution 5

To elect Mandeep Singh as a Director

22,557,682

97.23

642,347

2.77

190,419

23,200,029

5.36%

Resolution 6

To re-elect Fiona Miller Smith as a Director

22,293,441

96.15

893,106

3.85

203,901

23,186,547

5.36%

Resolution 7

To re-elect Michael Probin as a Director

22,239,903

97.11

662,010

2.89

488,535

22,901,913

5.29%

Resolution 8

To re-appoint BDO LLP as the independent Auditor

22,566,658

98.30

389,987

1.70

433,803

22,956,645

5.30%

Resolution 9

To authorise the Audit & Risk Committee to determine the remuneration of the independent Auditor

23,197,380

99.55

104,361

0.45

88,707

23,301,741

5.38%

Resolution 10

To authorise the Directors to allot ordinary shares

22,864,084

98.59

328,931

1.42

197,433

23,193,015

5.36%

Resolution 11

To authorise the Directors to disapply pre-emption rights

21,992,871

95.62

1,007,722

4.38

389,855

23,000,593

5.31%

Resolution 12

To approve the purchase of the Company's own shares

23,017,779

98.89

259,093

1.11

113,576

23,276,872

5.38%

Resolution 13

That a general meeting may be called on not less than 14 clear days' notice

22,191,819

96.87

717,953

3.13

480,676

22,909,772

5.29%

NOTES:

1.

All resolutions were passed.

2.

Proxy appointments which gave discretion to the Chair of the AGM have been included in the "For" total for the appropriate resolution.

3.

Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

4.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

5.

The number of shares carrying voting rights on 19 March 2026 was 432,782,530 ordinary shares, carrying one vote each.

6.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://greshamhouse.com/strategic-equity/private-equity/baronsmead-vcts/baronsmead-venture-trust-plc/

7.

A copy of resolutions 10 to 13 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism