17 February 2023

CVC Income & Growth Limited (the "Company")

(a closed-ended investment company incorporated in Jersey with registration number 112635)

Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP

Withdrawal of Performance Fee

The information contained within this announcement constitutes inside information

The Board of the Company has today been notified by CVC European Credit Opportunities Sàrl (the Investment Vehicle) that CVC Credit Partners Investment Management Limited (the Investment Services Manager) has waived its future right to receive an Investment Vehicle Performance Fee, such waiver to take effect from 1^st January 2023. The Board has also been advised by the Investment Vehicle that no performance fee has been accrued in respect of the calendar year ended 31^st December 2022.

The person responsible for arranging for the release of this announcement on behalf of the Company is Sharon Williams of BNP Paribas S.A., Jersey Branch, Company Secretary.

Enquiries:

CVC Income & Growth Limited:                                                44 (0)1534 625 522

Richard Boléat

BNP Paribas S.A., Jersey Branch:                                            [email protected]

Media Enquiries:

Prosek Partners:

Philip Walters / Ryan Smith                                                        [email protected]