Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY) As at close of business on 19-May-2021 *NAV per Ordinary share (unaudited) with Debt at Par & Fair Value EXCLUDING undistributed current year revenue 193.93p INCLUDING current year revenue 195.37p Amount of borrowings outstanding under repo contracts: GBP12.02m Net borrowing level: 1% LEI: 549300JLX6ELWUZXCX14 \* The NAV above does not reflect the transfer of assets from InvescoEnhanced Income Limited following the merger as detailed in the Results ofthe Scheme announcement made on 19 May 2021. ---