An anonymous director reports

CITADEL INCOME FUND ANNOUNCES ANNUAL REDEMPTION DETAILS

With respect to the previously announced annual redemption of 284,514 units of Citadel Income Fund, the redemption price per unit is $3.8905.

The pro rata redemption rate will be 23.44 per cent (that is, for every 1,000 units submitted by a unitholder for redemption, 234 units will be redeemed).

The fund expects to pay the redemption proceeds to redeeming unitholders on or before Dec. 18, 2025.