Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 47

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 47
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 result of the Reorganizations.

Outstanding Shares

As of December 11, 2025 (the “”), MMT had [TBU] common shares outstanding. As of the Record Date, MFM had [TBU] common shares outstanding and 967
RVMTP Shares outstanding.

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Board Recommendation

The Board recommends that shareholders
of each Trust vote “FOR” the Proposal.

Terms of the Reorganization Agreements

The following is a summary of the significant
terms of the Reorganization Agreements. The below discussion applies to the Reorganization Agreements pertaining to each Target
Fund. A form of Reorganization Agreement for each Taxable Fund Merger is attached as Appendix A to this Proxy Statement.
A form of Reorganization Agreement for each Municipal Fund Merger is attached as Appendix B to this Proxy Statement.
Each form of Reorganization Agreement is provided for informational purposes only, and the shareholders of the Trusts are not being
asked to vote on the Reorganization Agreements.

Calculation of Number of Fund Shares

Immediately prior to the opening of regular
trading on the NYSE on the Closing Date (the “Effective Time”), each Target Fund share outstanding immediately prior
to the Effective Time shall be converted into shares of the applicable Trust in an amount equal to the ratio of the NAV per share
of the respective Target Fund to the NAV per share of the Trust. No fractional Common Merger Shares will be distributed (unless
such shares are to be held in a Dividend Reinvestment and Cash Purchase Plan Account). In the event that Target Fund shareholders
would be entitled to receive fractional Shares of the applicable Trust, the Trust’s transfer agent will aggregate such fractional
shares and sell the resulting whole shares on the exchange on which such shares are listed for the account of all such Target Fund
shareholders, and each such Target Fund shareholder will be entitled to a pro rata share of the proceeds from such sale. With respect
to the aggregation and sale of fractional shares of each Trust, the Trust’s transfer agent will act directly on behalf of the Target
Fund shareholders entitled to receive fractional shares and will accumulate such fractional shares, sell the shares and distribute
the cash proceeds net of brokerage commissions, if any, directly to Target Fund shareholders entitled to receive the fractional
shares (without interest and subject to withholding taxes).

Conditions

Under the terms of each Reorganization
Agreement, the Reorganizations are conditioned upon, among other things, approval of the Reorganization Agreement by the shareholders
of the