Victoria : Results of General Meeting held on 16 November 2020

16 October 2020

Victoria PLC

("Victoria" or the "Company")

Results of General Meeting

The Company is pleased to announce that at its General Meeting held earlier today (the "Meeting") all of the resolutions set out in the Notice of the Meeting were passed by the requisite majority.

The results for each resolution were as follows:

Resolution	Votes	%	Votes	%
(* indicates special resolution)	For	Against
Resolution 1 - Granting the Directors
authority to allot perpetual redeemable	105,654,015	98.82%	1,260,005	1.18%
convertible non-voting preferred shares
Resolution 2 - Granting the Directors
authority to allot shares and grant rights
to subscribe for or convert any security	105,654,015	98.82%	1,260,005	1.18%
into shares in connection with the
Investment Warrants
Resolution 3 - Approval and
authorisation of the terms of the Buyback	97,132,521	98.74%	1,235,404	1.26%
Agreement
Resolution 4* - Granting the Directors
authority to allot equity securities for cash
pursuant to authority conferred by	105,654,015	98.82%	1,260,005	1.18%
resolution 1
Resolution 5* - Granting the Directors
authority to allot equity securities for cash
pursuant to authority conferred by	105,654,015	98.82%	1,260,005	1.18%
resolution 2
Resolution 6* - the Directors be
authorised to sell equity securities held in	80,941,483	75.71%	25,972,537	24.29%
treasury for cash
Resolution 7* - The articles of
association be approved and adopted	105,654,015	98.82%	1,260,005	1.18%

NOTES:

1. Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage (rounded to two decimal places) of votes validly cast for that resolution.
3. The full text of the resolutions passed at the Meeting can be found in the Notice of Meeting which is available on the Company's website at: http://www.victoriaplc.com/