An anonymous director reports

ABRDN ASIA-PACIFIC INCOME FUND VCC ANNOUNCES 2024 VOLUNTARY CASH REDEMPTION

Abrdn Asia-Pacific Income Fund VCC has released the results of the 2024 voluntary cash redemption.

Requests for redemption of approximately 18,390,917 ordinary shares of the fund, representing approximately 44.7 per cent of the current issued and outstanding shares, have been submitted by shareholders. As previously announced, the VCC constitution of the company limits the annual redemption to 10 per cent of the issued and outstanding shares on the final day on which to submit shares for redemption, which was March 7, 2024. Since the total number of shares submitted for redemption exceeded the number of shares the company is permitted to redeem, all redemptions of shares will be subject to proration (at a ratio of approximately 0.223, subject to final review) in accordance with terms of the 2024 voluntary cash redemption. Payment of the redemption proceeds will be made on or before April 19, 2024, at a redemption price equal to the price equal to 100 per cent of the average net asset value of the three trading days preceding the March 28, 2024, redemption date, less direct costs. Shares that have been submitted for redemption remain eligible for the March, 2024, distribution.

Important information

Past performance is no guarantee of future results. Investment returns and principal will fluctuate, and shares, when sold, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. NAV returned data include investment management fees, custodial charges, bank loan expenses and administrative fees (such as director and legal fees), and assume the reinvestment of all distributions. The company is subject to investment risk, including the possible loss of principal. Total return based on net asset value reflects changes in the company's net asset value during each period. Total return based on market price reflects changes in market value.

Abrdn is the registered marketing name in Canada for the following entities: Abrdn Canada Ltd., Abrdn Investments Luxembourg SA, Abrdn Private Equity (Europe) Ltd., Abrdn Capital Partners LLP, Abrdn Investment Management Ltd., Aberdeen Standard Alternative Funds Ltd. and Aberdeen Capital Management LLC. Abrdn Canada is registered as a portfolio manager and exempt market dealer in all provinces and territories of Canada, as well as an investment fund manager in the provinces of Ontario, Quebec, and Newfoundland and Labrador.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The company's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value of the company. There is no assurance that the company will achieve its investment objective. Past performance does not guarantee future results.