Sequoia Economic Infrastructure Income

Sequoia Economic Infrastructure Income Fund Limited

(the “Company”)

STRONG INTEREST INCOME GENERATION FROM RESILIENT PORTFOLIO WELL POSITIONED TO DELIVER ATTRACTIVE AND SUSTAINABLE RETURNS

Interim Results for the six months ended 30 September 2024

KEY HIGHLIGHTS

Resilient portfolio generating substantial cash

·    NAV per share growth of 1.3% to 95.03p (FY24: 93.77p), driven in part by the strong interest income of the portfolio (94.37p as at 31 October 2024).

·    Total dividends of 3.4375p per share, consistent with full year target of 6.875p. First half dividend yield of 8.6%. Dividend cash cover of 1.06x.

·    Total NAV return of 5.1% in the first half, on track to meet target annual gross return of 8-9%.

·    Significantly outperformed Gilts by 3% over the six-month period and broadly in line with leveraged loans and high-yield bonds.