Maven Income 1 Regulatory News (MIG1)

Maven Income and Growth VCT PLC

Net Asset Value

The Directors confirm:

· Net asset value (NAV)1 of 44.97p per Ordinary Share as at 31 May 2022, compared to 44.34p at 28 February 2022; and

· NAV total return2 of 146.88p per Ordinary Share as at 31 May 2022, compared to 146.25p at 28 February 2022.

Notes:

1The NAV at 31 May 2022 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 28 February 2022, adjusted for subsequent events where appropriate. There have been no material changes in the valuations of any of the unlisted investments during the period from 28 February 2022 to the date of this announcement.

2NAV total return is the sum of NAV per Ordinary Share and dividends paid per Ordinary Share since launch.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

8 July 2022