Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 19

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 19
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 defined in each New Management
Agreement, means the total assets of the applicable Combined Fund, including assets attributable to any form of leverage, minus
liabilities (other than debt representing leverage and any preferred stock that may be outstanding).

MFM Management Agreement

Under the MFS MFM Management Agreement, MFM
pays an investment advisory fee in an amount equal to the sum of 0.40% of MFM’s average daily net assets (including the
value of outstanding RVMTP Shares) plus 6.32% of MFM’s gross income (i.e., income other than gains from the sale
of securities, short-term gains from options and futures transactions and premium income from options written), on an annual basis
in each case.

Under its New Management Agreement, the MFM
Combined Fund would pay an investment advisory fee that will be computed daily and paid monthly at an annual rate of 0.60% of
MFM’s average daily total Managed Assets on the first $500 million in managed assets and 0.55% of MFM’s average daily
Managed Assets in excess of $500 million.

With respect to each Combined Fund, application
of Aberdeen’s proposed expense limitation arrangement is expected to result in total annual fund operating expenses that
are the same or lower on a Managed Assets basis, as compared to the relevant Trust for a period of at least two years from the
date on which Aberdeen begins managing the Combined Fund. For further details on the expense limitation agreements and each Combined
Fund’s fees and expenses, please see “Approval of New Management Agreement—Current and Pro Forma Fees and Expenses
of the Trusts” in the accompanying Proxy Statement.

<div align='center'>Questions and
Answers – New Board Proposal</div>

| 15. | Why                                                                  
 am I being asked to vote for new Trustees in the New Board Proposal? |

Section 16 of the 1940 Act requires that certain
percentages of trustees on boards of registered investment companies must have been elected by shareholders under various circumstances.
In general, at least a majority of the trustees must have been elected to such office by shareholders. In addition, new trustees
cannot be appointed by existing trustees to fill vacancies created by retirements, resignations or an expansion of a board unless,
after those appointments, at least two thirds of the trustees have been elected by shareholders.

If the Transaction Conditions for a Trust are
satisfied (including shareholder approval of the applicable New Management Agreement), such Trust will undergo changes in