Directorate Change

Maven Income and Growth VCT 3 PLC

Appointment of Director

The Board of Maven Income and Growth VCT 3 PLC is pleased to announce the appointment of Mr David Priseman as a Non-executive Director with effect from 1 February 2024. Mr Priseman will also serve on the Company's Audit & Risk, Management Engagement, Nomination and Remuneration Committees. He will stand for election by Shareholders at the Annual General Meeting to be held in April 2024.

David has over thirty five years' experience working for major banks, a care home group, a specialist transport consultancy, private equity houses and advising entrepreneurs. He has served on, led and advised boards ranging from start up to £120 million turnover in the care, aviation, software and agriculture sectors.

David is currently a non-executive director of Astuta Limited, a buy and build software business specialising in regulatory technology. He also provides finance, strategy and related advisory services to a portfolio of SME clients and is a mentor for the Shake Climate Change accelerator programme.

David has an MBA, a Diploma in Marketing from the Chartered Institute of Marketing, a Master's Degree in Transport Economics and a Bachelor's Degree in Business Studies and Economics.

As at the date of this announcement, he has no current beneficial interest in the Company's Ordinary Shares and, in relation to his appointment, there is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 R.

Maven Capital Partners UK LLP

Secretary

5 December 2023