REG-Dividend Declaration

Northern 2 VCTAnnouncement

Tue 16:30

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17 JUNE 2025

NORTHERN 2 VCT PLC

DIVIDEND DECLARATION

Northern 2 VCT PLC (“the Company”) is pleased to declare a proposed final
dividend of 1.3 pence per ordinary share in respect of the year ended 31 March
2025. Subject to shareholder approval, the final dividend will be paid on 5
September 2025 to shareholders on the register on 8 August 2025. The
ex-dividend date is 7 August 2025.

The Company operates a dividend investment scheme, which enables shareholders
to invest their dividends in new ordinary shares, free of dealing costs and
with the benefit of the tax reliefs available on new VCT share subscriptions.
Details on how to join the scheme are included within the dividend section of
the Company’s website, which can be found here: www.mercia.co.uk/vcts/n2vct/

Enquiries:

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

Website: www.mercia.co.uk/vcts

Neither the contents of the Mercia Asset Management PLC website, nor the
contents of any website accessible from hyperlinks on the Mercia Asset
Management PLC website (or any other website), are incorporated into, or form
part of, this announcement