DECLARATION OF SECOND INTERIM DIVIDEND

The Company announces the payment of the second interim dividend in respect of the year ended 30 September 2023 of 4.0 pence per ordinary share (2022: 3.6 pence per ordinary share).

The dividend will be paid on 28 July 2023 to all shareholders on the register on 23 June 2023. The ex- dividend date is 22 June 2023.

The Board expects that, in the absence of any adverse market event, the third and fourth interim dividends will also be 4.0 pence per Ordinary Share, payable in October 2023 and January 2024 respectively, which would make a total dividend payment for the year ending 30 September 2023 of 16.0 pence per ordinary share.

Based on the share price at 12 June 2023, this would represent a 3.5% dividend yield and is an overall increase of 11.1% on the total dividend payment for the financial year ended 30 September 2022 of 14.4 pence per ordinary share.

DIVIDEND REINVESTMENT PLAN ("DRIP")

The Company has in place a DRIP which allows shareholders to use their dividends to purchase further ordinary shares in the Company. The last election date to participate in the DRIP is 7 July 2023.

Further information on the DRIP, including the Terms and Conditions and the associated costs can be found via the following link:

https://www.shareview.co.uk/4/Info/Portfolio/default/en/home/shareholders/Pages/Rei nvestDividends.aspx

Shareholders who have not previously applied to participate in the DRIP and who wish to do so in respect of the dividend payable on 28 July 2023, should ensure that a mandate form, or CREST instruction if appropriate, is submitted to the Company's registrars, Equiniti Limited, prior to the dividend election date of 7 July 2023. Applications can be made on-line and a mandate form can be downloaded from the above website.

Further information can also be obtained by calling the registrars' shareholder helpline on 0371 384 2618 or by writing to Equiniti Limited, Aspect House, Spence Road, Lancing, West Sussex BN99 6DA.

For further information please contact: Paul Evitt

abrdn Holdings Limited

Company Secretary

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Second Interim Dividend

DECLARATION OF SECOND INTERIM DIVIDEND