Volta Finance Limited - Management Fee and Performance Fee Changes - Seite 2

Notwithstanding the foregoing, performance fees payable to AXA IMP in respect of any Incentive Period shall not exceed 4.99% of the Net Asset Value at the end of such Incentive Period.

The amendment to the management and performance fees payable to the Investment Manager, which is a related party of the Company under the Listing Rules, amounts to a smaller related party transaction under Listing Rule 11.1.10 R. Cavendish, the Company’s Sponsor, has independently confirmed that the proposals are fair and reasonable so far as shareholders of the Company are concerned. In providing its advice to the Board of Directors, Cavendish has taken into account the Board of Directors’ commercial assessment.

This announcement contains information that is inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

For further information, please contact:

Company Secretary and Portfolio Administrator

BNP Paribas S.A. Guernsey Branch
[e-mail]
[phone]

Corporate Broker

Cavendish
Will Talkington
[e-mail]
[phone]

For the Investment Manager

AXA Investment Managers Paris
François Touati
[e-mail]
[phone]

*****
ABOUT VOLTA FINANCE LIMITED

Legal Entity Identification code (LEI): 2138004N6QDNAZ2V3W80

Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange's Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

Volta’s Investment objectives are to preserve its capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. The Company currently seeks to achieve its investment objectives by pursuing exposure predominantly to CLO’s and similar asset classes. A more diversified investment strategy across structured finance assets may be pursued opportunistically. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.