REG - Baronsmead Second VT - Directorate Change

Baronsmead Second Venture TrustAnnouncement

21/10/2024 10:45

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RNS Number : 9646I  Baronsmead Second Venture Trust PLC  21 October 2024

21 October 2024

Baronsmead Second Venture Trust plc

("BSVT" or the "Company")

Directorate Change

In accordance with UK Listing Rule 6.4.6, the Company announces that after
serving almost nine years on the Board, and in line with the Company's Tenure
and Reappointment Policy, Malcolm Groat has informed the Board of his
intention to step down as a Non-Executive Director and Chair of the Audit
& Risk Committee with effect from 31 December 2024. Malcolm is also the
Senior Independent Director.

The Board is pleased to announce the appointment of Adriana Stirling as an
independent Non-Executive Director of the Company with effect from 1 December
2024. Adriana will succeed Malcolm as the Chair of the Audit & Risk
Committee from 31 December 2024. The Board has nominated Graham McDonald as
the Senior Independent Director with effect from 31 December 2024.

Adriana qualified as a chartered accountant with PWC and developed extensive
organisational and financial crime technical expertise over her 17 years
there, leading client engagements across financial and non-financial service
industries, spanning the public and private sectors. In 2014, Adriana became
the Managing Director of a private family office and has overall
responsibility for the investment and operational aspects of the office,
including managing significant shareholder positions in several unquoted
companies.

Sarah Fromson, Chair of the Company, commented:

We would like to thank Malcolm for his huge contribution to the success of
BSVT during his tenure as a Non-Executive Director and as Chair of the Audit
& Risk Committee and we wish him well for the future.

We are excited to welcome Adriana to BSVT as a Non-Executive Director and to
succeed Malcolm as Chair of the Audit & Risk Committee. Her experience and
skills will complement those of other Board members, and we look forward to
her input and contribution.

No further items require disclosure under UK Listing Rule 6.4.8 regarding
Adriana Stirling's appointment.

For further information, please contact:

Baronsmead VCT Investor Relations

020 7382 0999

baronsmeadvcts@greshamhouse.com (mailto:baronsmeadvcts@greshamhouse.com)

LEI: 2138008D3WUMF6TW8C28

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