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BlackRock North American Income Trust Plc - AGM Statement

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BlackRock North American Income Trust plc (LEI: 549300WWOCXSC241W468)

Results of Annual General Meeting

Following the Annual General Meeting which was held today, we are pleased to announce that all resolutions put to shareholders were passed on a vote on a show of hands, including ordinary resolution 12 and special resolutions 13 and 14 under special business of the Company:

Resolution 12. To grant the Directors authority to allot shares.

Resolution 13. To authorise the Directors to disapply pre-emption rights in respect of issues of new ordinary shares or the sale of ordinary shares out of treasury.

Resolution 14. To authorise the Directors to purchase the Company’s ordinary shares for cancellation or to be held in treasury.

The Board notes the votes against the resolutions to approve the re-election of Simon Miller and Christopher Casey, contained in resolutions 5 and 6, and intends to maintain an ongoing dialogue with the relevant shareholder on the issues reflected by these votes. An update on the discussion will be provided in the interim results.

Under Listing Rule 9.6.2 a copy of the resolutions has been submitted to the National Storage Mechanism, and will shortly be made available for inspection at:

http://www.morningstar.co.uk/uk/NSM

Proxy votes received in favour of the resolutions were as follows:

For & Discretionary

%

Votes Against

%

Votes Withheld

Resolution 1

28,709,692

100.00

0

0.00

2,911

Resolution 2

28,650,461

99.83

48,006

0.17

14,136

Resolution 3

28,650,461

99.80

56,006

0.20

6,136

Resolution 4

28,709,692

100.00

0

0.00

2,911

Resolution 5

18,862,040

65.74

9,830,616

34.26

19,947

Resolution 6

18,877,891

65.79

9,814,765

34.21

19,947

Resolution 7

28,641,760

99.82

50,896

0.18

19,947

Resolution 8

28,657,611

99.88

35,045

0.12

19,947

Resolution 9

28,653,787

99.88

35,045

0.12

23,771

Resolution 10

28,678,942

99.91

26,926

0.09

6,735

Resolution 11

28,709,692

100.00

0

0.00

2,911

Resolution 12

28,695,432

99.95

14,260

0.05

2,911

Resolution 13

28,632,222

99.77

66,670

0.23

2,911

Resolution 14

28,682,805

99.94

16,087

0.06

2,911

20 March 2020