BARONSMEAD SECOND VENTURE TRUST PLC

AGM Information • Mar 13, 2025

National Storage Mechanism | Additional information

RNS Number : 5505A

Baronsmead Second Venture Trust PLC

13 March 2025

13 March 2025

Baronsmead Second Venture Trust Plc

("BSVT" or the "Company")

Result of the 2025 Annual General Meeting

BSVT is pleased to announce that, at the Annual General Meeting held yesterday, all resolutions set out in the Notice of Meeting were passed. All resolutions were voted on a poll, and the results of the poll for each resolution were:

Resolutions	Votes For (No. of shares)	For (%)	Votes Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total Votes	% of Issued Share Capital voted
Resolution 1 To receive and adopt the accounts for the year ended 30 September 2024	15,329,752	99.76	36,290	0.23	121,806	15,366,042	3.84%
Resolution 2 To declare a final dividend of 2.25 pence per share	15,349,239	99.81	28,305	0.18	110,304	15,377,544	3.84%
Resolution 3 To receive and approve the Directors' Remuneration Report for the year ended 30 September 2024	13,648,617	92.15	1,162,156	7.84	677,075	14,810,773	3.70%
Resolution 4 To receive and approve the Directors' Remuneration Policy	13,297,025	90.11	1,458,407	9.88	732,416	14,755,432	3.69%
Resolution 5 To re-elect Sarah Fromson as a Director	14,707,046	96.67	506,320	3.32	274,482	15,213,366	3.80%
Resolution 6 To re-elect Graham McDonald as a Director	14,781,145	97.22	422,264	2.77	284,439	15,203,409	3.80%
Resolution 7 To re-elect Tim Farazmand as a Director	14,817,554	97.39	395,812	2.60	274,482	15,213,366	3.80%
Resolution 8 To elect Adriana Stirling as a Director	14,761,822	97.62	359,810	2.37	366,216	15,121,632	3.78%
Resolution 9 To re-appoint BDO LLP as independent Auditor	14,632,925	95.83	636,518	4.16	218,405	15,269,443	3.81%
Resolution 10 To authorise the Audit & Risk Committee to determine the remuneration of the independent Auditor	15,087,737	98.27	264,659	1.72	135,452	15,352,396	3.84%
Resolution 11 To authorise the Directors to allot ordinary shares	14,883,280	97.08	447,463	2.91	157,105	15,330,743	3.83%
Resolution 12 To authorise the Directors to disapply pre-emption rights	13,954,439	92.69	1,099,920	7.30	433,489	15,054,359	3.76%
Resolution 13 To approve the purchase of the Company's own shares	14,973,073	98.28	261,487	1.71	253,288	15,234,560	3.81%
Resolution 14 General meeting called on not less than 14 clear days' notice.	11,271,777	93.77	748,710	6.22	3,467,361	12,020,487	3.00%

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.	The number of shares carrying voting rights on 12 March 2025 was 400,271,394 ordinary shares, carrying one vote each.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://greshamhouse.com/strategic-equity/private-equity/baronsmead-vcts/baronsmead-venture-trust-plc/
7.	A copy of resolutions 11 to 14 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

baronsmeadvcts@greshamhouse.com

LEI 2138008D3WUMF6TW8C28

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