abrdn Latin American Income EGM

At the EGM, Shareholders will be asked to approve the following matters pursuant to the Resolutions:

1.         that the Company be summarily wound up in accordance with the provisions of Article 146 of the Companies (Jersey) Law 1991;

2.         that, if Resolution 1 carries, Linda Maree Johnson and Louis Leonard Gerber of KPMG Advisory Limited, 37 Esplanade, St Helier, Jersey, JE4 8WQ having consented to act, be and are appointed as joint liquidators of the Company for the purposes of the summary winding-up of the Company, with the power to act jointly and severally for the purposes of the summary winding-up, including distributing the Company’s assets and any power conferred on them by law or by the Resolution;

3.         that, if Resolution 2 carries, the remuneration of the Joint Liquidators be determined by reference to the time properly given by them and their staff in attending to matters prior to and during the winding-up of the Company and they be and are authorised to draw such remuneration monthly or at such longer intervals as they may determine and to pay any expenses properly incurred by them; and

4.         that, the Company be released from the obligation to prepare or deliver any accounts or financial statements (whether audited or unaudited) or reports to the members, save pursuant to any mandatory requirement imposed by any law, regulation or listing rules, starting on the first day of the current financial period and ending on the date the Summary Winding-up is completed.