OIA · Invesco Municipal Income Opportunities Trust · Insider Trading

. The 300 Series 2020 Variable Rate Muni Term Preferred Shares ("VMTP Shares") reported as disposed of in Table I represent shares that were beneficially owned by Banc of America Preferred Funding Corporation ("PFC"). The 300 VMTP Shares held by BAPFC were redeemed by the Issuer on April 30, 2024, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by Invesco Municipal Income Opportunities Trust with the SEC on April 01, 2024, for a redemption price of $100,389.12567 per share (which includes a liquidation preference of $100,000.00 per share and final accumulated but unpaid dividends of $389.12567 per share). PFC is a wholly owned subsidiary of Bank of America Corporation.

This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary PFC. Each reporting person is currently analyzing additional trading activity and expect to file another Form 4 as promptly as reasonably practicable once that analysis is complete.

Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.