Portfolio NAV Update

LDG today announces its quarterly portfolio data. As at 30 June 2026, LDG’s unaudited estimated net asset value (“NAV”) per share was 28 pence, which reflects an increase of 6.2% compared to the prior period being 31 March 2026 driven by an increase in valuation of Alliance Pharma Limited which was previously held at cost (in line with DBAY’s policy of holding investments at cost for the first 12 months after acquisition). LDG’s investment portfolio represents a fair value of £113.7 million (excluding cash). The fair value, 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.