An anonymous director reports

ABRDN ASIA-PACIFIC INCOME FUND VCC ANNOUNCES MONTHLY DISTRIBUTION

Abrdn Asia-Pacific Income Fund VCC will pay a monthly distribution of 1.75 cents per share on March 28, 2024, to all shareholders of record as of March 21, 2024 (ex dividend date of March 20, 2024).

The policy of the company's board of directors is to maintain a stable monthly distribution. For the 12 months to Feb. 29, 2024, the company has paid total distributions amounting to 21 cents per ordinary share.

As a Singapore-domiciled company, all distribution payments will be treated as foreign income for Canadian income tax purposes. Shareholders with registered addresses in Canada will receive distributions in Canadian dollars unless they have elected otherwise.

The company's estimated sources of the current fiscal year-to-date distributions are as shown in the associated table.

Shareholders should not draw any conclusions about the company's investment performance from the amount of the company's current distribution. The amounts and sources of distributions set out herein are estimates only and are not being provided for tax reporting purposes. The final determination of the source of all distributions made in 2024 will be made after the year-end 2024. The actual amounts and sources of the amounts of distributions for tax reporting purposes will depend upon the company's results during the remainder of the calendar year and are subject to any changes to applicable tax regulations. Information for tax reporting purposes will be provided to the company's shareholders on a Form T5 in February of 2025.

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 (net asset value) 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 Inc., Abrdn Investments Luxembourg SA, Abrdn Private Equity (Europe) Ltd., Abrdn Capital Partners LLP and Abrdn Alternative Funds Ltd. 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 (NAV) of the company. There is no assurance that the company will achieve its investment objective. Past performance does not guarantee future results.