On December 6, 2020, Saba Capital Management, L.P. entered into a voting agreement with Royce Global Value Trust, Inc. and Royce & Associates, LP whereby the parties agreed, among other things, and subject to certain conditions, that the board of directors of the Company will cause the Company to amend the terms of its issuer tender offer statement on schedule tO filed on October 28, 2020 to reflect a revised tender offer to purchase for cash for up to 50% of its outstanding common shares with an expiration date of 11:59 P.M., New York City time on December 21, 2020. Saba Capital stated that it agrees to tender, or cause to be tendered, all of the common shares of which certain of its clients are the beneficial owner in the revised tender offer, including, but not limited to, all of the common shares then owned by certain of its clients. Saba Capital stated that in connection with the amendment of the tender offer terms, the voting agreement provides that Saba Capital on behalf of certain of its clients will vote its shares for the new investment advisory agreement between the Company and adviser.