Appointment of Non-Executive Director

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CQS New City High Yield Fund Limited announces the appointment of Joanna Dentskevich as a non-executive director, effective February 18, 2026, or upon confirmation from the Jersey Financial Services Commission. Ms. Dentskevich brings over 35 years of experience in risk, finance, and investment banking from global institutions, including previous director roles at Morgan Stanley and Deutsche Bank, and as chief risk officer of a hedge fund. She will also serve on the Audit and Risk Committee, Management Engagement Committee, Nomination Committee, and Remuneration Committee. The company confirms no further disclosure details are required under UK Listing Rules.

Disclaimer*

CQS New City High Yield Fund Ltd

15 January 2026

CQS New City High Yield Fund Limited

(the Company)

Appointment of Non-Executive Director

The Board of CQS New City High Yield Fund Limited is pleased to announce that Ms Joanna Dentskevich has been appointed as a non-executive director of the Company to take effect from 18 February 2026 or, if later, the date on which the Jersey Financial Services Commission confirms that it has no objection to such appointment. Ms Dentskevich will also join the Audit and Risk Committee, Management Engagement Committee, Nomination Committee, and Remuneration Committee.

This appointment follows a search and selection process managed by an external independent recruitment consultancy.

Ms Dentskevich has over 35 years of risk, finance and investment banking experience gained in leading global banks worldwide, alternative investments and the offshore funds industry. Previously, she was a director at Morgan Stanley heading up its customer valuations group, a director of risk at Deutsche Bank and chief risk officer of a London-based hedge fund. Ms Dentskevich has a BSc (Hons) in Maths and Accounting.

Ms Dentskevich previously served as a non‑executive director of GCP Asset Backed Income Fund Ltd and EJF Investments Ltd, companies listed on the London Stock Exchange.

In accordance with paragraphs 6.4.8 (1) to (6) of the UK Listing Rules, it is confirmed that there are no additional details to be disclosed in relation to Ms Joanna Dentskevich.

Caroline Hitch, Chair of the Company, commented:

"I am delighted to welcome Ms Dentskevich as a new director to the Board of the Company. She has been selected following a rigorous search and adds extensive expertise, experience and strong interpersonal capabilities to the Company."

ENQUIRIES

For the Investment Manager

Manulife |CQS Investment Management

Craig Cleland

0207 201 5368

For the Company Secretary and Administrator

BNP Paribas S.A., Jersey Branch

Guerhardt Lamprecht

01534 813 959

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