Foresight VCT : Application Forms

Foresight VCT plc

Offer for Subscription

Application Form 14 January 2026

Our Purpose

Foresight VCT plc is a Venture Capital Trust aiming to provide investors with regular dividends and capital growth from a portfolio of investments in fast-growing, unquoted companies across the UK

Key objectives

Paying annual ordinary dividends of at least 5% of the latest announced NAV

Awards

Developing Net Asset Value Total Return above a

5% annual target

Maintaining a programme of regular share buybacks at a discount of no more than 7.5% to NAV

Implementing a significant number of new and follow-on investments, exceeding deployment requirements to maintain VCT status

Application Procedure

Foresight VCT plc (the Company)

Ordinary shares of 1p each in the Company (Offer Shares).

Applications Checklist

Section 1

• Complete your personal details.

  Section 2

• Only to be completed if Offer Shares are to be issued to a nominee account.

  Section 3

• Your total subscription amount.

• Your source of wealth.

  Section 4

• Confirm how you would like the Company to communicate with you.

  Section 5

• Confirm how you would prefer to receive your dividends. The box in either Section 5A or Section 5B must be ticked.

• If you have ticked the box in Section 5A, please provide your bank account details as dividends are only paid by bank transfer.

• If you have requested your Offer Shares to be issued to a nominee, please do not tick either box in Section 5.

  Section 6

• Confirm whether your investment is advised, non-advised or direct.

  Section 7

• If you are an advised investor please confirm the amount of any initial adviser charge to be facilitated.

  Section 8

• Signed and dated.

  Sections 9-13

• To be completed (as applicable) by your financial intermediary.

The easiest way to submit your application is through our online portal available for advisers and admins:https://portal.foresightgroup.eu/LoginPortal

If you have never logged into the portal, please contact [e-mail] and the team will send you a login link.

For direct investors, please send your completed application electronically to the following email address: [e-mail].

You can also send this Application Form by post or hand delivered to:

Woodside Corporate Services Limited Foresight VCT Share Offer

First Floor

12-14 Mason's Avenue London

EC2V 5BT

Applications under the Offer will normally be accepted on a first come, first served basis, subject always to the discretion of the Board. For these purposes 'first come, first served' shall be assessed based on the date and time of receipt of a fully completed Application (i.e. all mandatory fields on the Application Form completed), subject to receipt of Application monies (in full, including those making multiple payments) in cleared funds within three Business Days

Please ensure you have completed this Application Form in full, arranged payment and sent this via cheque or bank transfer at the same time as submitting your Application.

thereafter (or, if earlier, before the Offer deadline or close of the Offer) to retain the Applicant's position of priority. If Application monies are not received within such time, the relevant date and time shall be when the Applicant's actual Application monies (in full) are received in cleared funds.

Post-dated cheques will not be accepted.

Application Procedure

Foresight VCT plc (the Company)

Ordinary shares of 1p each in the Company (Offer Shares).

An Application may not be considered as 'complete' until identity verification is completed and/or, where relevant, information or supporting evidence required for the Application remains outstanding.

Your Application should be submitted so as to arrive as soon as possible but in any case no later than 12.00 noon on 30 March 2026. Cheques should be enclosed with the Application Form unless Application monies have been sent by bank transfer.

Please note that, in light of the forthcoming reduction to the rate of upfront income tax relief, as announced in the 2025 Autumn Budget, and based on fundraising levels in previous years, capacity is expected to fill quickly so the quickest way to secure a place is to submit an application via the portal for advisers and admins.

If you post your Application Form, you are recommended to use first class post and to allow at least two Business Days for delivery. Applications submitted (in particular with a cheque) should allow for seven Business Days for their funds to clear (in particular in relation to ensuring the Receiving Agent is in receipt of cleared funds prior to 12.00 noon on 30 March 2026).

Before completing this Application Form you should read the prospectus dated 14 January 2026 (Prospectus), in particular the risk factors on pages 10 to 12, the details of the Offer on pages 52 to 55, the Terms and Conditions of Applications on pages 93 to 98 and the Application Procedures on pages 99 to 102. Definitions used in the Prospectus apply herein.

Cheques

Make payable to 'WCSL FVCT SHARES CLIENT ACC'. (Note: cheques drawn on corporate accounts will not, unless otherwise agreed, be accepted.)

Bank

Bank: Bank of Scotland

Account name: WCSL FVCT SHARES CLIENT ACC

Sort code: 80-20-00

Account no: 10434262

BIC: LOYDGB2L

IBAN: GB76 BOFS 8020 0010 4342 62

Note: please use your initials, surname and postcode (with no gaps) as the payment reference.

The Offer will open at 9.00 a.m. on 21 January 2026 and will be closed at 12.00 noon on 30 March 2026 (or earlier if the Offer is fully subscribed or otherwise at the Board's discretion). Please note that the number of Offer Shares to be allotted to a successful Applicant will be determined by applying the Pricing Formula set out on page 54 of the Prospectus. The applicable net asset value per share for the Pricing Formula will be the latest net asset value per Share published by the Company on the day of allotment, adjusted for dividends declared and for which the record date for payment has passed at the time of allotment.

The Manager (on behalf of the Company) will decide, in its absolute discretion, to accept or reject the Application and you will be notified of the decision.

If you do not receive an acknowledgement of your Application within ten days of sending it to Woodside Corporate Services Limited, please contact the Manager on [phone] or at [e-mail].

The Company, the Manager and the Receiving Agent respect your privacy and are committed to protecting your personal information.

If you would like to find out more about how the Company, the Manager and the Receiving Agent use and look after your personal information, please refer to their respective privacy notices, which can be found at: https://www.foresight.group/privacy-policy/ and https://woodsidecorporateservices.co.uk/WCSL_Privacy-Policy.pdf

‌Investor Section

Foresight VCT plc (the Company)

PLEASE NOTE ALL FIELDS MARKED WITH AN ASTERISK ARE MANDATORY

Section 1: Personal Details*

Title*:

Forenames*:

Surname*:

Residential Address*:

Postcode*:

If 3 years or less then please provide previous address:

Please tick this box if you are an existing shareholder in any of the Foresight VCTs.

Date of Birth*:

National Insurance No*:

Email:

Tel No:

Nationality*:

Country of Birth*:

Correspondence address

(if different from residential address):

Postcode*:

Please tick this box if you are a Politically Exposed Person (PEP)

Please tick this box if you are a relative

or close associate of a PEP and explain in the adjacent

section the nature of your relationship

*Are you a US person1 for federal income tax purposes?

Yes No

*Are you tax resident2 in any jurisdiction other than the United Kingdom or the United States?

Yes No

NOTE: In order to comply with applicable laws, the Company, the Manager and the Receiving Agent may require further documentation to support your tax residency status.

Provision of this documentation will be mandatory upon request and may, if necessary, be disclosed to HMRC for onward exchange with the IRS and other relevant international tax authorities. Failure to provide this documentation may still result in your information being passed on to HMRC if the Company, the Manager and/or the Receiving Agent reasonably believe there is a lawful reason for doing so.

1. Apart from holding a US passport, you may be a US person if you possess an SSN, have ever been issued with a Green Card, were born in the US or were born of US parents.

2. Your tax residence is generally the country in which you live for more than half the year. However, it is possible to be tax resident in more than one country at a time.

The country/countries in which you are liable to pay income tax are likely to be your country/countries of tax residence. You are recommended, however, to seek professional advice on such matters.