Albion Crown Vct Plc · LSE:CRWC
Albion Crown Vct — Albion Enterprise VCT — Shareholder Meeting (September 2025)
19 slides from Albion Crown Vct's shareholder meeting presentation, September 2025
Slide 1: Albion Enterprise VCT PLC Manager Presentation
Albion Enterprise VCT PLC Manager Presentation September 2025 Results for the year to 31 March 2025
Slide 2: Background
BACKGROUND Ongoing global macro and geo-political uncertainties Falling inflation but raised interest rates continue Portfolio focus on mission critical products and services is intended to provide resilience The Company merged with Albion Development VCT PLC 0n 19 December 2024 A positive return fo
Slide 3: Mergers
MERGERS Target VCT Albion Development VCT Albion KAY VCT Acquirer VCT Albion Enterprise VCT Albion Technology & General VCT Albion Crown VCT ¢ Mergers result in three VCTs with meaningful annual cost savings * Standardised management, administration and performance incentive fees ¢ Reduced administr
Slide 4: Mergers
MERGERS : : : Combined at merger Albion Enterprise | Albion Development VCT PLC VCT PLC date on oon Investments £96.7m £98.3m £195.0m Cash £34.3m £33.0m £67.3m Other £0.4m (£0.2m) £0.2m Net assets £131.4m £131.2m £262.6m
Slide 5: Financial Highlights to March 2025
FINANCIAL HIGHLIGHTS TO 31 MARCH 2025 116.22p 211.29p 824% 19.92p Net asset value ("NAV") per share as Total shareholder value as at 31 Shareholder return for the year Tax-free dividends per share paid at 31 March 2025 March 2025 ended 31 March 2025 during the year ended 31 March 2025 (includes a sp
Slide 6: Performance Data
PERFORMANCE DATA 94.8% 50.6% 22% 12.6% a= Gia» 1 year return 3 year return 5 year return 10 year return (average 4.2% p.a.) (average 10.1% p.a.) (average 9.5% p.a.) Shows the performance over one year, three years, five years and ten years to 31 March 2025, being the cumulative return forthe period
Slide 7: Highlights in the Year
HIGHLIGHTS IN THE YEAR Fundraising £15.4m £19.9m Ext cam esas tae of ates Sofa Investment rate £8.9m £14.0m tho aintingperttotie panies and £5.8m into Share buybacks £2.5m £5.7m Dividends £6.3m £25.8m Including a special dividend of £15.0m 2025 data includes combined Albion Enterprise VCT and Albion
Slide 8: Key Value Drivers in the Year
KEY VALUE DRIVERS IN THE YEAR Series F funding round (led by Teachers’ Venture Quantexa £8.8m Growth - part of the Ontario Teachers’ Pension Plan) Egress Software £4.9m — Sold during the year Technologies Gravitee Topco €3.1m Strong ARR growth in the year and Series C funding round after the year en
Slide 9: Portfolio Analysis: Sector breakdown
9 PORTFOLIO ANALYSIS Sector breakdown @ Cash and other net assets 27% © DeepTech 1% FinTech 28% © Software & technology 19% © Healthcare (including digital healthcare) 18% Renewable energy 4% © Other (including Education) 3% Comparatives for 31 March 2024 are in brackets. Portfolio of 70 companies e
Slide 10: Portfolio Analysis
PORTFOLIO ANALYSIS Stage of investment No. of employees @ Under 20 7% (4%) @ 21-50 17% (12%) @ 51-100 19% (15%) 101+ 51% (64%) ® Renewable energy* 6% (5%) @ Early stage (revenue less than £1 million) 12% (7%) © Growth (revenue between £1 million and £5 million) 11% (11%) © Scale up (revenue over £5
Slide 11: Top Three Account for 29.7% of the NAV as at March 2025
TOP 3 ACCOUNT FOR 29.7% OF THE NAV AS AT 31 MARCH 2025 Quentexa ‘outcomes delivered Proveca OvivaY e 0 bOO a Plo da 000 00 g g One of the global leaders in decision intelligence and contextual data 2017 29,563 54,065 >75X 30 to c.800 analytics woe : Pre European specialist pharmaceutical revenue com
Slide 12: New Investments
NEW INVESTMENTS Developing new hybrid transformers for grid and industrial power networks 12 A. LATENT TECHNOLOGY £1.2m Developing of generative Al for animations in the gaming and entertainment sectors @opraya £0.9m Multi-sided marketplace far the electric vehicle ecosystem <& INSTINCT £0.9m Commun
Slide 13: Follow-ons
FOLLOW-ONS =— —— @ mondra == TransFICC £1.9m £0.8m Provider of modelling software fj Provider of a connectivity for food supply chain emissions §f solution, connecting financial institutions with trading venues via a single API IMANDRA £0.6m. Provider of automated software testing and an enhanced le
Slide 14: Realisation: Egress
REALISATION G eg ress * Cloud email security platform with an adaptive security model * The Company first invested in Egress in 2014, with follow on investments in 2017 and 2018 * Acquired by US firm KnowB4 in July 2024 £3.4m >7X £25.7m Invested by the Company Cash on cash multiple Albion Enterprise
Slide 15: Investment Strategy
INVESTMENT STRATEGY Seed to Series B (early stage to growth) G Backing long-term trends QR Focus on business-to-business (B2B) S Target software, healthcare and an embryonic exposure to deep tech
Slide 16: Prospects
PROSPECTS Ongoing uncertainties but balanced by strong individual portfolio company growth Well-balanced portfolio across target sectors and stage of maturity Focus on mission critical products and services, designed to provide resilience Limited exposure to discretionary consumer facing sectors Goo
Slide 17: Intention to Raise Further Funds
INTENTION TO RAISE FURTHER FUNDS * Launch planned for October 2025 and open for applications in November 2025 * £60m, with £30m over-allotment * More details on the Albion Capital website Amount to Over-allotment be raised Albion Crown VCT PLC £20m £10m Albion Enterprise VCT PLC £20m £10m Albion Tec
Slide 18: Q1 Results & Events
Ql RESULTS & EVENTS 18 NAV at 30 June 2025 of 115.72p o Decrease of 0.4% to the 31 March 2025 NAV Virtual AGMs Physical annual shareholder seminar First dividend of 2.91p per share paid on 29 August 2025 Top three investments now account for 31.1% of NAV at 30 June 2025 8 November 20 O avend ondo OA
Slide 19: Thank you
19 Thank you This presentation is issued by Albion Capital Group LLP for information purposes only and is not to be regarded as an offer to buy or sell, or the solicitation to buy or sell shares in Albion Enterprise VCT PLC. Any person considering an investment should seek advice from an authorised
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