BlackRock Energy & Resources Trust enters standstill with Saba Capital through 2027

BlackRock Energy & Resources Trust

Saba agrees to vote shares with board recommendations and refrain from proxy contests.
Standstill effective until day after 2027 annual meeting or Aug 31, 2027, whichever earlier.
Fund, advisor and Saba agree to mutual non-disparagement; no ad hominem attacks.
Saba represents it beneficially owns common shares and has no derivative positions as of date.
Agreement may be terminated early by mutual consent or after 10 days notice for material breach.

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