Company No. 07289280
FORESIGHT TECHNOLOGY VCT PLC
(the "Company")
NOTICE OF RESOLUTIONS PASSED
At the Annual General Meeting of the Company duly convened and held at the offices of Foresight Group LLP at The Shard, 32 London Bridge Street, London SE1 9SG 12:30pm on 18 September 2025, the following resolutions were duly passed as special resolutions.
SPECIAL RESOLUTIONS
RESOLUTION 9:
That, the Directors of the Company be and hereby are empowered pursuant to Section 570(1) of the CA 2006 to allot or make offers to or agreements to allot equity securities (which expression shall have the meaning ascribed to it in Section 560(1) of the CA 2006) for cash pursuant to the authority given pursuant to resolution 8 above, as if Section 561(1) of the CA 2006 (pre-emption rights) did not apply to such allotment, provided that the power provided by this resolution shall expire on the conclusion of the next Annual General Meeting of the Company held after the passing of this resolution (unless renewed, varied or revoked by the Company in general meeting) but so that this authority shall allow the Company to make before the expiry of this authority offers or agreements which would or might require equity securities to be allotted after such expiry.
RESOLUTION 10:
That, in addition to all existing authorities the Company be empowered to make market purchases (within the meaning of Section 693(4) of the Companies Act 2006) of its own shares provided that:
- i. the aggregate number of shares to be purchased shall not exceed 6,755,706 FWT Shares or, if lower such number of shares rounded down to the nearest whole share as shall equal 14.99% of the Company's FWT Shares in issue at the date of passing this resolution;
- ii. the minimum price which may be paid for a share is 1 pence (the nominal value thereof);
- iii. the maximum price which may be paid for shares is the higher of (1) an amount equal to 105% of the average of the middle market quotation for such class of shares, taken from the Daily Official List of the London Stock Exchange for the five business days immediately preceding the day on which the shares are purchased, and (2) the amount stipulated by Article 5(6) of the Market Abuse Regulation;
- iv. the Company may make a contract to purchase its own shares under this authority prior to the expiry of this authority, and such contract will or may be executed wholly or partly after the expiry of this authority, and the Company may make a purchase of
Company No. 07289280
its own shares in pursuance of any such contract; and this power, unless previously varied, revoked or renewed, shall come to an end at the conclusion of the Annual General Meeting of the Company next following the passing of this resolution or, if earlier, on the expiry of 15 months from the passing of this resolution.
RESOLUTION 11:
THAT the Company be and is hereby generally and unconditionally authorised to hold general meetings (other than Annual General Meetings) on 14 clear days' notice.
Dated: 18 September 2025
…………………………………………..
Stephen Thayer For on and on behalf of Foresight Group LLP Company Secretary
Registered Office: c/o Foresight Group LLP The Shard 32 London Bridge Street London, SE1 9SG