Molten Ventures PLC

Proxy Solicitation & Information Statement • Nov 28, 2023

Notice of Availability The Notice of General Meeting is available on the

Company's website at: investors.moltenventures.com.

267226 Project Turing Proxy.qxp 27/11/2023 10:09 Page 1

Proxy Form MOLTEN VENTURES PLC

For use at the General Meeting to be held at 20 Garrick Street, London WC2E 9BT on 14 December 2023 at 10:00 a.m. (the "General Meeting").

BEFORE COMPLETING THIS FORM, PLEASE READ THE EXPLANATORY NOTES OVERLEAF

Voting ID

Task ID

Shareholder Reference Number

I/We being (a) member(s) of Molten Ventures plc (the "Company") hereby appoint(s) the Chair of the meeting or

Name:

+

Perivan.com

267226

as my/our proxy to attend, speak and vote for me/us and on my/our behalf as identified by an 'X' in the appropriate box below at the General Meeting of the Company to be held at 10:00 a.m. on 14 December 2023 and at any adjournment of the meeting. This form of proxy relates to the resolutions referred to below. If you wish to appoint multiple proxies, please see note 7 below.

Please tick this box if this proxy appointment is one of multiple appointments being made.

I/We instruct my/our proxy to vote as follows:

ORDINARY RESOLUTIONS

1. THAT the Company is authorised to issue Ordinary Shares pursuant to the Issue (as such term is defined in the circular to shareholder of the Company dated 28 November 2023) for cash at a price of 270 pence per Ordinary Share being a discount to the last reported net asset value per Ordinary Share (unaudited) as at 30 September 2023.

For	Against	Withheld Discretionary (see Note 5) (see Note 6)

Vote

Signature(s)	2023 Date
--------------	--------------

+

!

+

+

MOLTEN VENTURES PLC – FORM OF PROXY

BN99 8LU LANCING Spencer Road Aspect House Equiniti Freepost RTHJ-CLLL-KBKU

267226 Project Turing Proxy.qxp 27/11/2023 10:09 Page 2

AAATDFAADAADAFDDDATTDADTDDFAFADFFADF

NOTES:

• 1. To be valid, this form of proxy, together with a duly signed and dated power of attorney or any other authority (if any) under which it is executed (or a notarially certified copy of such power of attorney or other authority) must be signed and dated and lodged at the Company at the address below, so as to be received not less than 48 hours (not including any day that is not a normal business day) before the time appointed for the General Meeting.
• 1. Members are entitled to appoint a proxy to exercise all or any of their rights to attend and to speak and vote on their behalf at the meeting. Proxies can only be appointed using the procedures set out in these notes and the Notice of General Meeting.
• 1. To appoint more than one proxy, this form of proxy should be photocopied and the name of the proxy to be appointed indicated on each form together with the number of shares that such proxy is appointed in respect of (which, in aggregate, should not exceed the number of shares held by you). Please indicate if the proxy instruction is one of multiple instructions being given. All forms should be signed and should be returned together in the same envelope. If you appoint more than one valid proxy, the appointment received last before the latest time for the receipt of proxy appointments will take precedence. For details of how to change your proxy appointments or revoke your proxy appointments see the notes to the notice of the General Meeting. A proxy need not be a member of the Company but must attend the meeting to represent you. If no name is inserted in the box provided, the Chair of the meeting will be deemed appointed as the proxy.
• 1. Please indicate with an 'X' in the appropriate box how you wish the proxy to vote. In the absence of any indication, the proxy will exercise his/her discretion as to whether and how he/she votes. The proxy may also vote or abstain from voting as he/she thinks fit on any other business which may properly come before the General Meeting.
• 1. If you mark the box 'Vote Withheld', it will mean that your proxy will abstain from voting and, accordingly, your vote will not be counted either for or against the relevant resolution. It should be noted that a vote withheld is not a vote in law.
• 1. If you mark the box 'Discretionary', the proxy can vote as he/she chooses or can decide not to vote at all in relation to any other matter which is put before the meeting, including a motion to adjourn.
• 1. The form of proxy should be signed and dated by the member, or his attorney duly authorised in writing. If the appointer is a corporation this proxy should be under seal or under the hand of an officer or attorney duly authorised . Any alteration made to the form of proxy should be initialled.
• 1. Where you appoint as your proxy someone other than the Chair, you are responsible for ensuring that they attend the meeting and are aware of your voting intentions. If you wish for your proxy to make any comments on your behalf, you will need to appoint someone other than the Chair and give them any relevant instructions directly.
• 1. In the case of joint holders, signature of any one holder will be sufficient, but the names of all the joint holders should be stated. The vote of the senior holder (according to the order in which the names stand in the register of members in respect of the holding) who tenders a vote in person or by proxy will be accepted to the exclusion of the vote(s) of the other joint holder(s).
• 1. The Company, pursuant to Regulation 41 of the Uncertificated Securities Regulations 2001 (as amended) specifies that only those members registered in the register of members of the Company at 6:30 p.m. on 1 2 Decembe r 2023 (or if the General Meeting is adjourned, members entered on the register of members of the Company no later than 48 hours before the time fixed for the adjourned General Meeting) shall be entitled to attend, speak and vote at the General Meeting in respect of the number of Ordinary Shares registered in his or her name at that time. Changes to entries on the register of members of the Company after 6:30 p.m. on 1 2 December 2023 shall be disregarded in determining the rights of any person to attend, speak and vote at the General Meeting.
• 1. Completion and return of a form of proxy will not preclude a member from attending the General Meeting and voting in person. If you have appointed a proxy and attend the meeting in person and vote, your proxy appointment will automatically be terminated.
• 1. CREST members who wish to utilise the CREST proxy appointment service may do so by following the procedures described in the CREST manual and the Notice of General Meeting.
• 1. If you are an institutional investor, you may be able to appoint a proxy electronically via the Proxymity platform, a process which has been agreed by the Company and approved by the Registrar. For further information regarding Proxymity, please go to www.proxymity.io. Your proxy must be lodged by 10:00 a.m. on 1 2 December 2023 in order to be considered valid. Before you can appoint a proxy via this process you will need to have agreed to Proxymity's associated terms and conditions. It is important that you read these carefully as you will be bound by them, and they will govern the electronic appointment of your proxy.
• 1. Shareholders who would prefer to register the appointment of their proxy electronically via the internet can do so through the Sharevote website, www.sharevote.co.uk using the series of numbers printed under the headings Voting ID, Task ID and Shareholder Reference Number overleaf. Alternatively, shareholders who have already registered with Equiniti Registrars' online portfolio service, Shareview, can appoint their proxy electronically by logging on to their portfolio at www.shareview.co.uk by using their usual user ID and password. Once logged in, simply click 'view' on the 'My Investments' page, click on the link to vote and then follow the on screen instructions. Full details and instructions on these electronic proxy facilities are given on the respective websites. Your proxy must be lodged by 1 0 : 0 0 a.m. on 1 2 December 2023 in order to be considered valid.
• 1. The resolution set out in the table above are a summary of the resolution proposed at the General Meeting for the purpose of identification only. Please see the notice convening the General Meeting for the full text of the resolution.
• 1. To appoint a proxy using this form, the form must be:
  2. Completed and signed;
  3. Sent or delivered to registrar of the Company, Equiniti Limited, at the address below; and
  4. Received by Equiniti Limited no later than 10:00 a.m. on 12 December 2023.

If you are posting your proxy form within the UK, we encourage you to post early and please allow at least three working days for delivery. Please allow extra time for posting if posting from overseas. Where possible, we encourage you to appoint your proxy online in accordance with notes 12, 13 & 14.

Address for lodgment of proxies:

Equiniti Limited Aspect House Spencer Road Lancing West Sussex BN99 6DA