CQS NATURAL RES GROWTH & INCOME PLC

Proxy Solicitation & Information Statement • Nov 17, 2021

Proxy

CQS Natural Resources Growth and Income PLC

I/We_____________________

(BLOCK LETTERS PLEASE)

of__________________________________________________________________________________________________________________________________________

being a member of CQS Natural Resources Growth and Income PLC, hereby appoint the Chairman of the meeting, or1 .

as my/our proxy to attend, vote and speak for me/us on my/our behalf at the Annual General Meeting of the Company, to be held at One Fleet Place, London, EC4M 7WS, on Tuesday, 14 December 2021 at 11.00am, on the following resolutions to be submitted to the meeting and at any adjournment thereof.

____________________________________________________________________________________________________________________________________________

This form or proxy relates to ordinary shares held by me /us in the Company (see note 8).

Please tick here if this proxy appointment is one of multiple appointments being made. For the appointment of more than one proxy, please refer to note 8 below.

Please indicate with an 'X' in the appropriate spaces how you wish your votes to be cast. Unless otherwise instructed, the proxy will vote as he thinks fit or abstain.

	Resolutions	For	Against	Abstain (Note 7)
Ordinary Business
1.	To receive the Report and Accounts for the year ended 30 June 2021.
2.	To approve the Directors' Remuneration Policy, contained in the Remuneration Report for the financial year ending 30 June 2021, as set out on page 31 to 32 of the Annual Report and Accounts 2021.
3.	To approve the Company's Dividend Policy.
4.	To approve the Directors' Remuneration Report for the year ended 30 June 2021.
5.	To re-elect Mr R Ö Prickett as a Director.
6.	To re-elect Mrs C Cable as a Director.
7.	To re-elect Mr C M Casey as a Director.
8.	To re-elect Mr A G Evans as a Director.
9.	To re-elect Mrs H F Green as a Director.
	10. To re-appoint BDO LLO as Independent Auditor of the Company.
	11. To authorise the Directors to determine their remuneration.
Special Business
	12. That the Company continues as an investment trust.
	13. To authorise the Directors to allot relevant securities.
	14. To empower the Directors to allot equity securities without regard to statutory pre-emption rights.
	15. To renew the Directors' authority to make market purchases of ordinary shares.
	16. To authorise 14 days' notice for General Meetings.

Signature______________________________________________________________________________________________________________________________

Dated _________ Day of _______ 2021

Notes 1. You may, if you wish, in the space provided insert the name(s) of the person(s) of your choice to attend and vote at the meeting on your behalf. Delete the words 'the Chairman of the Meeting or' and initial the alteration. A proxy need not be a Member of the Company but must attend the meeting to represent you. If you wish your proxy to speak on your behalf at the Meeting you will need to appoint your own choice of proxy (not the Chairman) and give your instructions directly to them.

1. In the case of a corporation, the proxy, must be either under its common seal or signed by a duly authorised officer or attorney.

2. In order to have effect, together with any power of attorney or other authority (if any) under which it is signed, or a certified copy thereof, the proxy must be deposited at the Company's Registrars, Equiniti Limited, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA at least 48 hours (excluding non-working days) before the time of the meeting.

3. In the case of a joint holding, a proxy need only be signed by one joint holder. If more than one such joint holder lodges a proxy only that of the holder first on the register will be counted.

4. Any alterations made in this proxy should be initialled.

5. Completion of a proxy shall not prevent a shareholder from attending and voting at the Annual General Meeting in person should you so wish. 7. The 'Abstain' option is provided to enable you to abstain on the resolutions. However, it should be noted that a vote abstained is not a vote in law and will not be counted in the calculation of the proportion of the votes (For) and (Against) the resolutions.

6. If no number of shares is entered, the proxy will be authorised to act on your behalf in relation to your entire shareholding in the Company. To appoint more than one proxy, please photocopy this form and submit it to the Company's Registrars in accordance with note 3, on each proxy form, please enter the number of shares in relation to which that proxy is authorised to act on your behalf. The total number of shares entered on all the proxy forms you submit must not exceed the number of shares you hold in the Company, All forms must be signed and should be returned together in the same envelope.