Net Asset Value(s)

CQS Natural Resources Growth and Income PLC

(the "Company")

LEI:                549300ES8CNIK2CQR054

Date:              30 March 2026

Net Asset Value

The Company's unaudited net asset value ("NAV") per share, calculated in accordance with stated policies and applicable accounting standards and AIC recommendations, as at the close of business on 27 March 2026 was 398.95 pence, including unaudited current period revenue.

The NAV has been calculated based on 36,326,009 ordinary shares in issue (excluding shares held in treasury) as at the above date.

ENQUIRIES

For the Investment Manager

CQS (UK) LLP

Craig Cleland

0207 201 5368

For the Company Secretary and Administrator

Frostrow Capital LLP

020 3008 4910