Result of First General Meeting and Class Meeting

9 March 2026

Shires Income PLC

Legal Entity Identifier: 549300HVCIHNQNZAYA89

Result of First General Meeting and Class Meeting of Ordinary Shareholders

In connection with the proposals for a combination of Shires Income PLC ("SHRS" or the "Company") with Aberdeen Equity Income Trust plc ("AEI") by way of a scheme of reconstruction of the Company under Section 110 of the Insolvency Act 1986 (the "Scheme"), the Company is pleased to announce the result of the First General Meeting and the Ordinary Shareholders' Class Meeting.

Result of First General Meeting

The Company announces the special resolutions, which were put forward at the First General Meeting held today, have been approved by Shareholders. Details of the number of votes for, against and withheld in respect of the resolutions, which were held on a poll, are set out below.

1. A 'vote withheld' is not a vote in law and has not been counted in the calculation of the proportion of votes for and against the resolutions.

Result of Ordinary Shareholders' Class Meeting

The Company further announces that the special resolution put forward at the Ordinary Shareholders' Class Meeting held today has been approved by Ordinary Shareholders. Details of the number of votes for, against and withheld in respect of the resolution, which was held on a poll, are set out below:

2. A 'vote withheld' is not a vote in law and has not been counted in the calculation of the proportion of votes for and against the resolution.

The Ordinary Shares will be disabled for settlement in CREST from 6.00 p.m. on 9 March 2025, and trading in the Ordinary Shares will be suspended from 7.30 a.m. on 10 March 2025. Following the reclassification of the Ordinary Shares at 8.00 a.m. on 16 March 2025, the Reclassified Shares will be suspended from listing at 7.30 a.m. on 17 March 2025.

As previously announced, Preference Shareholders will not be entitled to participate in the Scheme, and will instead receive their entitlements in cash in accordance with the provisions of the Company's Articles of Association applicable to a winding-up of the Company (being the principal amount of the Preference Shares outstanding plus accrued interest up to the date of the winding-up).

The full text of the special resolutions of the First General Meeting and the special resolution of the Ordinary Shareholders' Class Meeting, are set out in the Notice of First General Meeting and the Notice of Ordinary Shareholders' Class Meeting, respectively, and are contained in the Company's circular to Shareholders dated 11 February 2026 (the "Circular").

The Circular is available for viewing on the Company's website, www.shiresincome.co.uk and at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy of the resolutions will be published on the Company's website and submitted to the National Storage Mechanism, and will shortly be available for viewing at the same web addresses set out above.

Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning given to them in the Circular.

For further information please contact:

General

The content of the Company's web-pages and the content of any website or pages which may be accessed through hyperlinks on the Company's web-pages, other than the content of the document referred to above, is neither incorporated into nor forms part of the above announcement.