PORTFOLIO NAV UPDATE

LDG today announces its quarterly portfolio data. As at 31 December 2025, LDG’s unaudited estimated net asset value (“NAV”) per share was 26.7 pence. The NAV remains unchanged compared to the prior period being 30 September 2025. The NAV, in respect of private investments, has been assessed and reported to the Board by the Company’s investment manager, DBAY, who applies the International Private Equity and Venture Capital Valuation (“IPEV”) Guidelines in its valuation practices.