As part of the Aberdeen Latin American Income Fund Limited Board's orderly succession planning, the Board confirmed that Mr. Richard Prosser stepped down as Chairman of the Board on 20 December 2021, at the conclusion of the Company's AGM, and Mr. Howard Myles has succeeded him as Chairman of the Company. Mr. Prosser continues to act as a Non-Executive Director until the completion of a search for, and the appointment of, a Jersey-resident independent Non-Executive Director, at which time he will retire from the Board.