Publication of a Supplementary Prospectus

British Smaller Companies VCT plc ("BSC") and British Smaller Companies VCT2 plc ("BSC2") (together the "Companies")

Publication of a Supplementary Prospectus

The Companies announce that a supplementary prospectus (the "Supplementary Prospectus") has been published today relating to the Companies' offer for subscription in the 2025/26 tax year to raise, in aggregate, up to £60 million, with an over-allotment facility of up to a further £25 million, in aggregate.

The Supplementary Prospectus refers to the publication by BSC2 of the annual report and accounts for the year ended 31 December 2025.

A copy of the Supplementary Prospectus has been submitted to the Financial Conduct Authority and will shortly be available for inspection at the National Storage Mechanism, which is located at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The Supplementary Prospectus is available from the Companies' website at:

www.bscfunds.com

For further information, please contact:

Marcus Karia                          YFM Equity Partners                                            Tel: 0113 244 1000

Alex Collins                             Panmure Liberum                                                 Tel: 0207 886 2767