Gearing Disclosure

Net Gearing Ratio

7 April 2026

abrdn Holdings Limited announces the indicative net gearing ratio of the following investment companies as at close of business on 2 April 2026, calculated in accordance with the recommendations of the Association of Investment Companies. Underlying financial assets are valued on a fair value basis using bid prices or, if more appropriate, a last trade basis and debt (net of cash held) is valued at par.