Shareholder Meeting Materials

Royce Value Trust, Inc.

Important Dates

Record Date:
05/01/2020

Meeting Date:
07/29/2020

ROYCE VALUE TRUST, INC.
SPECIAL MEETING OF STOCKHOLDERS
JULY 29, 2020

How to Vote

Voting your shares is easy and quick — simply follow the instructions on your WHITE proxy card.

To Vote By Telephone or By Internet:

	·	Locate the Control Number featured on your WHITE Proxy Card
	·	Access the designated voting site or dial the designated telephone number
	·	Follow the easy instructions provided

To Vote by Mail:

Simply sign, date and return your WHITE Proxy Card in the postage-paid envelope provided

You should be receiving separate proxy cards for each account through which you own shares. It is important that you vote a WHITE proxy card for each account through which you hold shares.

Remember, only your latest-dated, validly executed vote counts.

For assistance in voting your shares, please contact Innisfree M&A Incorporated,
which is assisting Royce Value Trust, Inc. in this matter.

Stockholders May Call Toll-Free: (877) 825-8964
Banks & Brokers May Call Collect: (212) 750-5833

YOUR VOTE IS IMPORTANT!
Please contact Innisfree directly if you have not received materials
or if you have any questions about how to vote your shares.

Important Documents

	·	Proxy Statement

	·	Shareholder Letter Dated May 15, 2020

	·	Shareholder Letter Dated May 26, 2020

	·	Shareholder Letter Dated June 1, 2020

	·	Shareholder Letter Dated June 8, 2020

	·	Shareholder Letter Dated June 12, 2020

	·	Shareholder Letter Dated June 19, 2020

	·	Shareholder Letter Dated June 29, 2020

	·	Shareholder Letter Dated July 6, 2020

	·	Shareholder Letter Dated July 9, 2020

	·	Shareholder Letter Dated July 15, 2020

	·	Shareholder Letter Dated July 21, 2020

	·	RVT Virtual Meeting Press Release

	·	Press Release - Postponement of Special Meeting

Terms and Conditions