ABOUT US OUR FUNDS NEWS & INSIGHTS ADAMS DIVERSIFIED EQUITY FUND DECLARES YEAR-END DISTRIBUTION; EXCEEDS ITS ANNUAL 6% MINIMUM DISTRIBUTION RATE COMMITMENT Baltimore, Maryland, November 11, 2021 – Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared today a year-end distribution of $2.83 per share. The total distributions by the Fund for 2021 will be $2.98, including the distributions totaling $0.15 per share made prior to today’s announcement. The annual distribution rate represented by these distributions is 15.7%. The year-end distribution consists of the following: $0.07 per share from 2021 net investment income; and $2.76 per share from net capital gains realized during 2021, of which $0.35 was short-term gain and $2.41 was long-term gain. This marks the 57th consecutive year that the Fund has paid out capital gains and the 86th consecutive year it has paid out dividends to its shareholders. Commenting on the year-end distribution, Mark E. Stoeckle, CEO of Adams Diversified Equity Fund, said: "The U.S. equity market continues to be in the longest bull market in history. Coupled with good stock selection, this created significant embedded gains that we realized while positioning for new opportunities. We are pleased to announce our 2021 distribution rate of 15.7%, which far exceeds our commitment to distribute at least 6% of the Fund’s trailing 12-month average month-end market price. While future market conditions are uncertain, we are proud of our long history of providing dividend income and capital gains to our shareholders under all market conditions, and this year’s distributions add to that exceptional track record.” The payable date for the distribution is December 22, 2021, the record date is November 22, 2021, and the ex-dividend date is November 19, 2021. The year-end distribution is payable in stock and/or cash at the option of each shareholder. Details regarding the annual distribution rates and the Fund’s 6% minimum distribution commitment can be found at adamsfunds.com. Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com. For further information please contact: Shareholder Communications 800.638.2479 email Sign up for news about Adams Funds ADXPEOALL This site is protected by reCAPTCHA and the Google. Privacy Policy and Terms of Service apply. Follow us on LinkedIn Legal Notice and Privacy Policy © Copyright 2021 Adams Funds. All rights reserved. Adams Funds™, Adams Express™, and Trusted by investors for generations® are registered trademarks of Adams Diversified Equity Fund, Inc. and Adams Natural Resources Fund, Inc.