Redemption

IMPORTANT: This letter is important and requires your immediate attention.  If you have any questions about the content of this letter, you should seek independent professional financial advice.

10 May 2021

Invesco Markets II plc (the "Company")

(the "Funds")

Dear Shareholder

Further to the shareholder notice dated 1 April 2021, the Company confirms that the shares of the Funds were redeemed on 5 May 2021 and the resulting cash proceeds will be paid on or around 12 May 2021 at the rates set out in the above table.

The Company has requested the cancellation of the listings of the Funds. This was effective as of close of business on 3 May 2021.

Shareholders should consult their own professional adviser as to the specific tax implications of the termination under the laws of the countries of their nationality, residence, domicile or incorporation.

If you have any queries arising from this notice, please call Invesco on +44 (0)20 3370 1113 or contact us at [email protected].

Yours sincerely

_________________

For and on behalf of

Invesco Markets II plc