Half-year Financial Report

30 December 2025

Fuel Ventures VCT plc

LEI: 984500B43BFE4DF77187

Half-yearly report for the six months ended 30 September 2025

The Directors are pleased to attach the Company's half-yearly report for the six months ended 30 September 2025.

The Company's unaudited net asset value per Ordinary Share is 96.28p as at 30 September 2025 (98.02p as at 30 September 2024).

Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/1839N_1-2025-12-30.pdf

The half-yearly report may also be downloaded from the Company's website at https://www.fuel.ventures/vct-fund.

For further information, please contact:

Johnathan Graham

Fuel Ventures Limited

johnathan@fuel.ventures

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

enquiries@city.uk.com