Dividend Declaration

Chenavari Toro Income Fund Limited (the Company)

29 April 2026

Dividend for the Quarter Ended 31 March 2026

The Company is pleased to announce payment of its quarterly dividend of 2.5% (Euro 0.0138 per ordinary share) (the "Regular Quarterly Dividend") for the period from 1 January 2026 to 31 March 2026.

Payment will be made on 5 June 2026 to holders of ordinary shares recorded on the register as at close of business on 8 May 2026 with an ex-dividend date of 7 May 2026.

Shareholders wishing to take the dividend in scrip, or to make a dividend currency election, should note that the last date to make an election to join the Scrip dividend scheme or make a currency election to be eligible for the dividend paying on 5 June 2026 is 17:00 22 May 2026. The Scrip Reference Price will be calculated and announced on or around 14 May 2026.

Further information in relation to the Company is available at:

http://www.chenavaritoroincomefund.com

Enquiries:

Guy Goyard

Chenavari Investment Managers

Email: [email protected]

Telephone: +44 20 7259 3600