Vpc Specialty Regulatory News (VSL)

12 January 2026

VPC Specialty Lending Investments PLC

(the "Company")

QUARTERLY NET ASSET VALUE

In the Quarterly Report for the Third Quarter of 2025, the Company referred to the merger of Whele, LLC ("Razor Group" or "Razor") and Infinite Commerce on 28 August 2025. Following the completion of that merger, business performance of the newly combined entity has been poorer than anticipated and it is expected that the year-end valuation of Razor will be substantially lower than disclosed as at 30 September 2025 (https://vpcspecialtylending.com/). This is expected to have a material adverse impact on the Company's NAV overall, which will be reflected in the NAV as at 31 December 2025. More details will be included in the Quarterly Report for the Fourth Quarter of 2025.

The information contained in this announcement is inside information and is price sensitive. The entity responsible for arranging for the release of this announcement on behalf of VSL is MUFG Corporate Governance Limited.

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About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.

This document is for information purposes only and is not an offer to invest. All investments are subject to risk. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.

LEI: 549300UPEXC5DQB81P34

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