ALBION DEVELOPMENT VCT PLC

AGM Information • Jun 9, 2020

National Storage Mechanism | Additional information

ALBION DEVELOPMENT VCT PLC

LEI Code 213800FDDMBD9QLHLB38

At an Annual General Meeting of Albion Development VCT PLC, duly convened and held at 1 Benjamin Street, London EC1M 5QL on 9 June 2020, the following resolutions were passed:

		Votes For (or at the Chairman’s discretion)	Against
No	Description	% Votes Cast
1	To receive and adopt the Company’s accounts for the year ended 31 December 2019	99.56%	0.44%
2	To approve the Directors’ remuneration policy	95.51%	4.49%
3	To approve the Directors’ remuneration report	96.29%	3.71%
4	To elect Lord O’Shaughnessy as a Director of the Company	97.12%	2.88%
5	To re-elect Ben Larkin as a Director of the Company	97.40%	2.60%
6	To re-elect Lyn Goleby as a Director of the Company	96.93%	3.07%
7	To re-elect Patrick Reeve as a Director of the Company	98.18%	1.82%
8	To re-appoint BDO LLP as Auditor of the Company	96.66%	3.34%
9	To authorise the Directors to agree the Auditor’s remuneration	99.31%	0.69%
10	Authority to allot shares	98.84%	1.16%
11	Authority for the disapplication of pre-emption rights	96.44%	3.56%
12	Authority to purchase own shares	98.12%	1.88%

Resolution numbers 1 to 10 were passed as Ordinary resolutions, and resolution numbers 11 and 12 were passed as Special resolutions.

Answers to the questions received from shareholders and the results presentation by the Manager will be available on the Albion Capital website at www.albion.capital/funds/AADV.

9 June 2020

For further information please contact:

Albion Capital Group LLP

Tel: 0207 601 1850

AADVchair@albion.capital