Chenavari Toro Income Fund Limited (the Company)

30 January 2024

Quarterly Investor Webinar

The Company announces that it will be hosting the next quarterly performance attribution call to discuss the Company's Q4 2023 performance and outlook:

Date: Thursday, 8 February 2024

Time: 14:00 GMT

In order to register your interest for the call and receive a copy of the dial in details please visit the following link:

https://www.chenavaritoroincomefund.com/fund-documents/quarterly-attribution-calls/dial-in-details/

Attendance will be limited to Professional Investors

Further information in relation to the Company is available at:

http://www.chenavaritoroincomefund.com

Enquiries:

Guy Goyard

Chenavari Investment Managers

Email: tlir@chenavari.com

Telephone: +44 20 7259 3600

This material is not for distribution to retail clients and is directed exclusively to Chenavari Investment Managers' Professional Clients and Eligible Counterparties, as defined in the Markets in Financial Instruments Directive (2004/39/ EC) Article 4(1) (12); investors who are U.S. Persons and Accredited Investors within the meaning of Regulation D under the U.S. Securities Act of 1933, as amended, or Qualified Purchasers within the meaning of Section 3(C)(7) of the U.S. Investment Company Act of 1940, as amended. Chenavari Investment Managers is the trading name of Chenavari Credit Partners LLP ("CCP") and Chenavari Investment Managers (Luxembourg) S.à.r.l is the AIFM ("CIM Lux" and together with CCP, "Chenavari"). The information contained herein is confidential information supplied at the sole request of the recipient. By accepting this information, the recipient agrees that it will not divulge any such information to any other party. Any reproduction of this information, in whole or in part, is prohibited. The distribution of this document in certain jurisdictions may be restricted by law; therefore, people into whose possession this document comes should inform themselves about and observe any such restrictions. It does not take into account the particular investment objectives, financial situation, risk appetite, tax status or needs of individual clients. Chenavari disclaims any and all liability relating to a decision based on or for reliance on this document.

This document has been prepared for general information purposes only and has not been delivered for registration in any jurisdiction, nor has its content been reviewed by any regulatory authority in any jurisdiction. The information contained herein does not constitute: (i) a binding legal agreement; (ii) legal, regulatory, tax, accounting or other advice; (iii) an offer, recommendation or solicitation to buy or sell shares in any fund or any security, commodity, financial instrument or derivative linked to, or otherwise included in, a portfolio managed or advised by Chenavari; or (iv) an offer to enter into any other transaction whatsoever. This document does not constitute due diligence reporting and Chenavari bears no responsibility for your investment research and/or investment decisions, nor will Chenavari be liable of any decision made or actions taken by you or others based on the contents of this document and neither Chenavari nor any of its directors, officers, employees or representatives accept any liability whatsoever for any loss or damage of any kind and howsoever arising.

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Prospective investors should: (i) consult their financial, accounting, tax and legal advisors prior to any investment in units or shares issued by a fund managed or promoted by Chenavari; and (ii) inform themselves as to (a) the appropriateness of said investment in units or shares, (b) the legal requirements within their own jurisdictions for the purchase or holding of said investment, (c) any foreign exchange restrictions which may affect them, and (d) the income and other tax consequences which may apply in their own jurisdictions relevant to the purchase, holding or disposal of units or shares of the relevant fund or investment vehicle.

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