On July 27, 2023, BlackRock ESG Capital Allocation Term Trust stated that a certain number of votes must be received in order to hold its 2023 annual meeting, to meet this requirement, the Company has decided to adjourn its 2023 annual meeting of shareholders to August 7, 2023. In addition, the Company recommended the shareholders to vote for its board nominees, and do not vote for Saba Capital nominees at the annual meeting of shareholders.