Unicorn AIM VCT.

Unicorn Asset Management Ltd ("Unicorn") is a specialist fund manager with a bias towards smaller companies. Lead fund manager Chris Hutchinson joined Unicorn in 2005 and has more than 25 years' experience covering UK small and mid-sized equities. Alongside this VCT, he is supported by an investment team of seven responsible for Unicorn's fund range and AIM IHT service.

Unicorn is independently owned and managed, with over 50% of its equity held by directors, managers and family members. The firm has over £660 million under management (December 2025), including more than £250 million invested in AIM-quoted companies, allowing it to continue supporting portfolio businesses even after they're no longer VCT eligible, a potential advantage as a partner to investee companies.

About Unicorn AIM VCT

• The largest AIM-focused VCT, with net assets of c.£199.5m (as at 31/06/2026)
• A 25-year track record specialising in AIM investment
• £108m in realised exits over the last two years, including the recent exit of Hasgrove at c.67x multiple, returning £50m to shareholders
• Established, diversified portfolio of 80+ holdings
• Best-performing AIM VCT over 3, 5 and 10 years
• Positioned for a UK small-cap recovery at historically low valuations

Source: Unicorn Asset Management, FE Analytics (mid-mid, total return) 31 July 2026, * Year to date performance to 31 July 2026, **VCT performance based on NAV as at 31 July 2026. Past performance is not a guide to future performance, performance is based on returns net of fees. Your capital is at risk, the value of investments and the income from them may go down as well as up. Investors may not get back the amount of their original investment. A key objective of the Income Funds is to provide income, therefore, some or all of the annual management charge is taken from capital rather than income. This can reduce the potential for capital growth.