Portfolio Update

Octopus Titan VCT plc

Portfolio u pdate

The Board of Octopus Titan VCT plc (the "Company") announces that following a series of recent funding rounds at discounted valuations to the prior holding value of the Company’s investments, as well as movements of listed assets (notably Cazoo), and FX post-period end, it is estimated that the Net Asset Value (“NAV”) per ordinary share would decrease by approximately 10-12% compared to the Company’s last reported NAV per ordinary share of 102.7p (adjusted for dividends paid in the period).

Further details, as well as an updated unaudited NAV, will be provided in the interim results to be published by the Company in September 2022.

This announcement contains inside information for the purposes of article 7 of Regulation 2014/596/EU (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) ("UK MAR"). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.

For further information please contact:

Rachel Peat

Octopus Company Secretarial Services Limited

Tel: [phone]

LEI: 213800A67IKGG6PVYW75