Maven I&g 4 Regulatory News (MAV4)

Maven Income and Growth VCT 4 PLC (the Company)

Appointment of Director

Following the completion of the merger of the Company with Maven Income and Growth VCT 6 PLC, the Board is pleased to announce the appointment of Mr Fraser Gray as a Non-executive Director with effect from 18 December 2019.

Fraser served as a Director of Maven Income and Growth VCT 6 PLC from 1 July 2016 until the completion of its merger with the Company. He sits on a number of advisory boards, supporting smaller companies on growth and strategic matters. He was previously a managing director in AlixPartners' turnaround and restructuring practice, where he led the provision of restructuring and liquidity improvement solutions to clients across a wide variety of industry sectors. Fraser is a chartered accountant, licensed insolvency practitioner and accredited mediator. He is a non-executive director on the boards of Bonhill Group plc, Denholm Oilfield Services Limited and Richard Irvin FM Limited.

Fraser will also serve on the Company's Audit, Management Engagement, Nomination and Risk Committees. He will stand for election by Shareholders at the Annual General Meeting to be held in May 2020.

Following the merger, Fraser has a beneficial interest in 39,624 of the Company's Ordinary Shares.

In relation to this appointment, there is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 R.

Maven Capital Partners UK LLP

Secretary

18 December 2019