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Investment Management Update

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THAMES VENTURES VCT 2 PLC
LEI: 21380035MV1VRYEXPR95

INVESTMENT MANAGEMENT UPDATE
20 SEPTEMBER 2024

Following the novation of the investment management agreement from Downing LLP
("Downing") to Foresight Group LLP (“Foresight”) comprising management of
the Company's Venture, AIM and DP67 share classes in July 2022, the Board is
pleased to confirm that Foresight has now also been appointed as Manager of
the Company's Healthcare share class following completion of a Put-Option
Agreement between Downing and Foresight on 20 September 2024.

For further information, please contact:

Company Secretary
 Foresight Group LLP
 Contact: Stephen Thayer Tel: 0203 667 8100

Investor Relations
 Foresight Group LLP
 Contact: Andrew James Tel: 0203 667 8181

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