Result of AGM

    Result of AGM

31 JULY 2024

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC (“the Company”) announces that at the Annual General Meeting held on 31 July 2024 all of the resolutions set out in the notice of the meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Mr David Gravells, Mr Simon Devonshire, Ms Cecilia McAnulty and Ms Ranjan Ramparia and to elect as a director Mr Thomas Chambers who was appointed to the Board on 19 June 2024.

A copy of the resolutions proposed and passed has been submitted to the National Storage Mechanism and will also be available from: www.mercia.co.uk/vcts/n2vct/.

Details of proxy voting on the resolutions put to shareholders at the Annual General Meeting are as follows:

Number	Resolution	For	Discretionary	Against	Vote Withheld
1	To receive and approve the Company’s annual report and financial statements for the year ended 31 March 2024 together with the strategic report, Directors’ report and independent auditor’s report thereon	12,673,848	437,692	36,767	50,597
2	To approve and declare a final dividend of 1.2p per share in respect of the year ended 31 March 2024	12,605,141	545,562	27,630	20,571
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2024 other than the part of such report containing the Directors’ remuneration policy	11,500,850	519,395	691,264	487,395
4	To re-elect Mr D P A Gravells as a director	11,692,670	478,554	637,345	390,335
5	To re-elect Mr S P Devonshire as a director	11,927,089	478,554	384,266	408,995
6	To re-elect Miss C A McAnulty as a director	11,795,849	478,554	532,303	392,198
7	To re-elect Miss R K Ramparia as a director	11,764,081	478,554	564,071	392,198
8	To elect Mr T Chambers as a director	11,633,019	587,135	515,300	463,450
9	To re-appoint Forvis Mazars LLP as independent auditor	11,729,770	700,594	366,970	401,570
10	To authorise the audit committee to fix the remuneration of the independent auditor	11,948,067	871,624	188,022	191,191
11	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,772,264	740,950	472,465	213,225
12	To disapply Section 561(1) of the Companies Act 2006 in relation to certain allotments of equity securities	11,012,077	753,985	811,651	621,191
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	12,212,851	650,132	185,526	150,395

Enquiries:

Sarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430

Website: www.mercia.co.uk/vcts

The contents of the Mercia Asset Management PLC website and the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website) are not incorporated into, nor form part of, this announcement.