TRIPLE POINT INCOME VCT PLC

AGM Information • Jul 23, 2020

Company Number: 06421083

THE COMPANIES ACT 2006

SPECIAL BUSINESS

of

TRIPLE POINT INCOME VCT PLC

(the "Company")

(Passed on 23 July 2020)

At the annual general meeting of the Company, duly convened and held at 10.00am on Thursday 23 July 2020 at the Company's registered office at 1 King William Street, London EC4N 7AF, the following resolutions were passed as Special Business.

Defined terms used but not defined shall have the same meaning given to them in the notice of annual general meeting circulated by the Company to shareholders on 23 June 2020.

Special Resolutions

• 1. IT WAS RESOLVED THAT the Company be and is hereby authorised in accordance with section 701 of the Companies Act 2006 (the "Act") to make one or more market purchases (as defined in section 693(4) of the Act) of fully paid C Shares, D Shares or E Shares of 1 pence provided that:
  2. (i) the maximum aggregate number of C Shares authorised to be purchased is an amount equal to 10% of the issued C Shares (equated to 1,344,143 C Shares) as at the date of this Resolution;
  3. (ii) the maximum aggregate number of D Shares authorised to be purchased is an amount equal to 10% of the issued D Shares (equated to 1,370,163 D Shares) as at the date of this Resolution;
  4. (iii) the maximum aggregate number of E Shares authorised to be purchased is an amount equal to 10% of the Issued E Shares (equated to 2,894,957 E Shares) as at the date of this Resolution;
  5. (iv) the minimum price which may be paid for a C Share or D Share or E Share is 1 pence;
  6. (v) the maximum price which may be paid for a C Share, a D Share or an E Share is an amount, exclusive of expenses, equal to 105% of the average of the middle market prices for the C Shares, D Shares and E Shares as derived from the Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the C Shares, D Shares or E Shares (as applicable) are purchased; and
  7. (vi) this authority shall expire either at the conclusion of the next Annual General Meeting of the Company or 15 months following the date of the passing of this Resolution, whichever is the first to occur (unless previously renewed, varied

or revoked by the Company in a general meeting), provided that the Company may, before such expiry, make a contract to purchase its own shares which would or might be executed wholly or partly after such expiry, and the Company may make a purchase of its own shares in pursuance of such contract as if the authority hereby conferred had not expired.

1. IT WAS RESOLVED THAT a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days' notice.

………………………………

For and on behalf of Hanway Advisory Limited, Company Secretary 23 July 2020