Aberforth Split Level Income Trust Plc - Result of Meeting

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR INTO OR FROM CANADA, AUSTRALIA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA. This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction in which the same would be unlawful. Neither this announcement, nor any part of it, shall form the basis of, or be relied upon in connection with, or act as an inducement to enter into, any contract or commitment whatsoever. 20 June 2024 Aberforth Split Level Income Trust plc Legal Entity Identifier: 21380013QYWO82NZV529 Result of First General Meeting In connection with the proposals for the voluntary winding up of Aberforth Split Level Income Trust plc (the "Company" or "ASLIT")and combination withAberforth Geared Value & Income Trust plc ("AGVIT") by way of a scheme of reconstruction of the Company under section 110 of the Insolvency Act 1986 (the "Scheme"), the Company is pleased to announce the result of the First General Meeting. The Company announces that the special resolution proposed at the First General Meeting held today has been passed by Shareholders. Details of the number of votes cast for, against and withheld in respect of the resolution, which was held on a poll, is set out below and will also be published on the Company's website https://www.aberforth.co.uk/trusts-and-funds/aberforth-split-level -income-trust-plc. +----------------+--------------+-----+-------+----+-----------+-----------+---- -----+ |Special |Votes For |% |Votes |% |Votes Total|% Issued |Votes | |Resolution |(including | |Against| | |Share |Withheld2| | |Discretionary)| | | | |Capital | | | | | | | | |represented| | | | | | | | |by Votes | | | | | | | | |Total1 | | +----------------+--------------+-----+-------+----+-----------+-----------+---- -----+ |To approve (i) |102,532,360 |99.87|128,980|0.13|102,661,340|53.96 |2,256 | |the Scheme; (ii)| | | | | | | | |the | | | | | | | | |reclassification| | | | | | | | |of the Company's| | | | | | | | |shares; (iii) | | | | | | | | |the changes | | | | | | | | |required to be | | | | | | | | |made to the | | | | | | | | |Company's | | | | | | | | |articles of | | | | | | | | |association in | | | | | | | | |order to | | | | | | | | |implement the | | | | | | | | |Scheme; and (iv)| | | | | | | | |the granting of | | | | | | | | |certain powers | | | | | | | | |to the proposed | | | | | | | | |liquidators. | | | | | | | | +----------------+--------------+-----+-------+----+-----------+-----------+---- -----+ 1. Only Ordinary Shareholders were entitled to vote on this resolution. The number of Ordinary Shares in issue as at the voting record time of 6.30 p.m. (London time) on 18 June 2024 (the "Voting Record Time") was 190,250,000. As at that date no Ordinary Shares were held in treasury. Therefore, the total number of voting rights in the Company as at the Voting Record Time was 190,250,000. 2. A "vote withheld" is not a vote in law and will not be counted in the calculation of the proportion of the votes for and against the resolution. In accordance with the Scheme, the Shares will be disabled for settlement in CREST from 6.00 p.m. on 21 June 2024 and trading will be suspended from 7.30 a.m. on 24 June 2024. Following the reclassification of the Shares and admission of the Reclassified Shares to the London Stock Exchange on 27 June 2024, the Reclassified Shares will be suspended from listing at 7.30 a.m. on 28 June 2024. The full text of the special resolution proposed at the First General Meeting is set out in the Notice of First General Meeting contained in the Company's circular to Shareholders dated 28 May 2024 (the "Circular"). The Circular is available for viewing on the Company's website at https://www.aberforth.co.uk/trusts-and-funds/aberforth-geared-value-income-trust -plc and at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Defined terms used in this announcement have the meanings given in the Circular unless the context otherwise requires. For further information please contact: Aberforth Partners LLP +44 (0) 131 220 0733 Euan Macdonald Peter Shaw J.P. Morgan Cazenove (JPMC) +44 (0) 203 493 8000 William Simmonds Rupert Budge This information was brought to you by Cision http://news.cision.com

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