Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY) As at close of business on 27-November-2020 NAV per Ordinary share (unaudited) with Debt at Par & Fair Value EXCLUDING undistributed current year revenue 189.74p INCLUDING current year revenue 191.51p Amount of borrowings outstanding under repo contracts: GBP14.56m Net borrowing level: 5% LEI: 549300JLX6ELWUZXCX14