Result of AGM

31 AUGUST 2021

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 August 2021 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Mr A M Conn, Mr D P A Gravells, Mr F L G Neale, Mr S P Devonshire and Miss C A McAnulty.

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

Number	Resolution	For	No preference	Against	Vote withheld	Total column to be deleted
1	To receive and approve the financial statements for the year ended 31 March 2021	12,019,487	324,325	44,558	29,429	12,417,799
2	To approve and declare a final dividend of 1.5p per share in respect of the year ended 31 March 2021	12,105,829	268,070	27,830	16,070	12,417,799
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2021 other than the part of such report containing the directors’ remuneration policy	11,056,814	324,325	610,431	426,229	12,417,799
4	To re-elect Mr A M Conn as a director	11,536,906	360,371	275,798	244,724	12,417,799
5	To re-elect Mr D P A Gravells as a director	11,438,961	336,950	317,394	324,494	12,417,799
6	To re-elect Mr F L G Neale as a director	11,372,981	360,371	467,326	217,121	12,417,799
7	To re-elect Mr S P Devonshire	11,353,569	423,572	430,221	210,437	12,417,799
8	To re-elect Miss C A McAnulty as a director	11,464,881	374,002	358,900	220,016	12,417,799
9	To appoint Mazars LLP as independent auditor	11,531,932	359,835	180,349	345,683	12,417,799
10	To authorise the audit committee to fix the remuneration of the independent auditor	11,929,173	357,571	61,205	69,850	12,417,799
11	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 for the purposes of the Offer	11,910,070	305,981	71,487	130,261	12,417,799
12	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,878,160	262,587	81,515	195,537	12,417,799
13	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares for the purposes of the Offer	11,670,211	268,840	321,581	157,167	12,417,799
14	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	11,359,076	268,840	465,270	324,613	12,417,799
15	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	11,855,694	275,331	270,371	16,403	12,417,799
16	To amend the Articles of Association to extend the life of the Company	11,772,488	275,331	176,404	193,576	12,417,799
17	To approve the cancellation of the share premium account arising on the issue of Ordinary Shares pursuant to the Offer	11,937,602	351,886	102,774	25,537	12,417,799

Enquiries:

Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000
Website: www.nvm.co.uk

Martin Glanfield, Chief Financial Officer Mercia Asset Management PLC - 0330 223 1430
Website: www.mercia.co.uk

Neither the contents of the NVM Private Equity LLP nor the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP or Mercia Asset Management PLC website (or any other website), is incorporated into, or forms part of, this announcement.