CXE · Mfs High Income Municipal Trust

In connection with the reorganization of the Issuer into MFS MUNICIPAL INCOME TRUST ("MFM"), 692 remarketable variable rate munifund term preferred shares (the "RVMTP Shares") of the Issuer indirectly beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB") were exchanged for an equal number of RVMTP Shares of MFM in a cashless transaction. The 692 RVMTP shares reported as disposed of in Table I represent shares that were indirectly beneficially owned by JPMCB.

The 692 Remarketable Variable Rate Munifund Term Preferred Shares, Series 2051 (the "RVMTP Shares") shown in Table I represent RVMTP Shares of the Issuer that, prior to the transaction date specified above were beneficially owned directly by JPMorgan Chase Bank, National Association ("JPMCB"). On the transaction date specified above, JPMCB deposited the RVMTP Shares into a trust designated as the J.P. Morgan Taxable Putters/Taxable Drivers, Series 5073 Trust (the "Trust"). JPMCB, as a beneficiary of the Trust and through its contractual rights, retains an indirect beneficial ownership in the RVMTP Shares

The 692 Remarketable Variable Rate Munifund Term Preferred Shares, Series 2051 (the "RVMTP Shares") shown in Table I represent RVMTP Shares of the Issuer that, prior to the transaction date specified above were beneficially owned directly by JPMorgan Chase Bank, National Association ("JPMCB"). On the transaction date specified above, JPMCB deposited the RVMTP Shares into a trust designated as the J.P. Morgan Taxable Putters/Taxable Drivers, Series 5073 Trust (the "Trust"). JPMCB, as a beneficiary of the Trust and through its contractual rights, retains an indirect beneficial ownership in the RVMTP Shares

The 21 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, series 2051 (the "RVMTP Shares") beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,368.7157 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $368.7157 per share).

The 102 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, series 2051 (the "RVMTP Shares") beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,012.8688 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $12.8688 per share).

The 50 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, series 2051 (the "RVMTP Shares") beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,027.2328 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $27.2328 per share).

The 110 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, series 2051 (the "RVMTP Shares") beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,230.137 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $230.137 per share).

All Variable Rate Municipal Term Preferred Shares, Series 2019/3 ("Series 2019/3 VMTP Shares") of the Fund have been called for redemption by the issuer on July 20, 2021.

These Series 2019/3 VMTP Shares are beneficially owned by Citibank, N.A. ("Citibank"). Citicorp LLC ("Citicorp") is the sole stockholder of Citibank. Citigroup Inc. is the sole stockholder of Citicorp.