Venture Share Class Net Asset Value

2 March 2023

Triple Point VCT 2011 plc

(the "Company")

Venture Share Class Net Asset Value

Venture Share Class Net Asset Value (NAV)

The Company announces that the unaudited NAV per Venture Share as at 15 January 2023 was 102.27 pence per share (as at 5 September 2022 the unaudited NAV was 104.99 pence per share).

The change in the Venture Share NAV reflects the net effect of a number of valuation changes for portfolio companies. Downward provisions have been applied or increased in light of the reduction in listed software sector valuations and the more challenging economic environment.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website   https://www.triplepoint.co.uk/current-vcts/triple-point-vct-2011-plc/s2539/

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010 and was established to fund small and medium sized enterprises. The Investment Manager is Triple Point Investment Management LLP.