PHILADELPHIA, PA / ACCESS Newswire / March 11, 2025 / The Boards of Trustees/Directors of abrdn Japan Equity Fund, Inc. (NYSE:JEQ) (the "Acquired Fund") and abrdn Global Infrastructure Income Fund (NYSE:ASGI) (the "Acquiring Fund") announce today that each have approved the merger of JEQ into ASGI (the "Reorganization"). The proposed Reorganization is subject to the receipt of necessary Acquired Fund shareholder approvals. There are no proposed changes to the current objectives or policies of ASGI as a result of the Reorganization. Individually, each Fund's Board believes that the Reorganization is in the best interest of their Fund's shareholders. The Reorganization is intended to be treated as tax-free reorganization for U.S. federal income tax purposes. Additional information regarding the Reorganization will be presented in a prospectus/proxy statement to be sent to JEQ shareholders (the "Proxy Statement").