Statement regarding intention to fundraise

Core Viewpoint - Northern 2 VCT PLC intends to launch a joint prospectus offer of new ordinary shares for subscription in the 2025/26 tax year, aiming to raise up to £7 million, with a potential additional £3 million through an over-allotment facility, contributing to a total fundraising goal of up to £50 million across the Northern VCTs [1][2]. Group 1 - The Offer is subject to obtaining the necessary shareholder and regulatory approvals [1]. - The prospectus detailing the Offer is expected to be published in the second half of September 2025 [2]. - The fundraising initiative is in collaboration with Northern Venture Trust PLC and Northern 3 VCT PLC, collectively referred to as the "Northern VCTs" [1].