Statement re NAV and DIS

Maven Income and Growth VCT 3 PLC

Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

The Board of Maven Income and Growth VCT 3 PLC (the Company) has announced previously that the NAV per share of the Company as at 31 May 2020 was 54.74p and that an interim dividend of 2.00p per share in respect of the year ending 30 November 2020 would be paid on 28 August 2020, to Shareholders on the register at close of business on 31 July 2020. Furthermore, in respect of Shareholders who had, by no later than 14 August 2020, elected to participate in the DIS, the Company will use the amount paid in respect of the above interim dividend to subscribe for new ordinary shares of 10p each in the Company (Ordinary Shares) to be issued at a price equivalent to the latest announced NAV per share.

The Board confirms that, following the payment of the above dividend, the effective NAV per share of the Company is 52.74p and that this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS in respect of the interim dividend, the issue of which will be confirmed in a separate announcement in due course.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

21 August 2020