29 August 2025

abrdn European Logistics Income plc

Third capital distribution by way of B Share scheme

abrdn European Logistics Income plc (the "Company" or "ASLI") announces its third capital distribution under the B Share scheme.

Approved B Share Scheme

Following the completion of recent asset sales, the Board has resolved to return approximately £53.5 million in aggregate net sales proceeds to Shareholders under the B Share scheme.

B Shares will be allotted and issued to Shareholders pro rata to their holdings of Ordinary Shares as at the Record Date. No fractions of B Shares will be issued and entitlements will be rounded down to the nearest whole B Share. The B Shares carry only limited rights and full details of their rights and restrictions are set out in Part 3 of the Company's circular, dated 6 November 2024, available on the Company's website at www.abrdn.com/en-gb/asli under the Literature section.

No share certificates will be issued in respect of the B Shares, no CREST accounts will be credited with such shares, and no application will be made for the B Shares to be admitted to listing or trading on any exchange.

B Shares will be issued and redeemed by the Company's registrar, Equiniti. Each redemption will be at the option of the Company and undertaken shortly after issue. At that time, all B Shares in issue will be compulsorily redeemed and cancelled in accordance with their terms for an amount equal to the nominal value paid up on the B Shares.

Redemption proceeds will be delivered via CREST to uncertificated Shareholders and by cheque to certificated Shareholders.

Third B Share Scheme Distribution

Pursuant to the authority received from Shareholders at the general meeting held on 22 November 2024, the Board has approved the issue of further B Shares of one penny each, paid up from the Company's special distributable reserve, created by the cancellation of the share premium account. B Shares will be issued to Shareholders by way of a bonus issue on the basis of 13 B Shares for every 1 Ordinary Share held at the Record Date of 6.00 p.m. on 16 September 2025 (ex-date: 15 September 2025).

The B Shares will be issued and immediately redeemed on 17 September 2025, with redemption proceeds equivalent to 13.0 pence per Ordinary Share. Payments will be made on 30 September 2025 through CREST to uncertificated Shareholders or via cheque to certificated Shareholders.

This third distribution follows prior returns of 4.0 pence (20 March 2025) and 12.0 pence per Ordinary share (13 August 2025). Inclusive of this distribution, Shareholders will have received a total of 29.0 pence per Ordinary share, equivalent to an aggregate return of approximately £119.5 million.

NOTE: NO SHARE CERTIFICATES WILL BE ISSUED IN RESPECT OF B SHARES

Timetable for the Third Return of Capital

It is expected that the timetable will be as follows:

Defined terms used in this announcement have the meanings given in the Circular published by the Company on 6 November 2024 which may be found on the Company's website unless the context otherwise requires.

Aberdeen                                         

Ben Heatley                                                                           +44 (0) 20 7156 2382

Investec Bank plc                                                                 +44 (0) 20 7597 4000

David Yovichic

Denis Flanagan

FTI Consulting                                                                       +44 (0) 20 3727 1000

Dido Laurimore

Richard Gotla

Oliver Parsons