Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP

95766R104) Announces Notification of Sources of Distributions - Seite 2

Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 2/29/2024)1

Annualized Distribution Rate (as a percentage of NAV as of 2/29/2024)2

Cumulative Total Return (in relation to the change in NAV for the fiscal period through 2/29/2024)³

Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 2/29/2024)⁴

2.02%

7.29%

2.23%

1.82%

Fund Performance and Distribution Rate Information:

1. Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through February 29, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
2. The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of February 29, 2024.
3. Cumulative Total Return is the percentage change in the Fund’s NAV from November 30, 2023 through February 29, 2024, assuming reinvestment of distributions paid.
4. The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period November 30, 2023 through February 29, 2024, as a percentage of the Fund’s NAV as of February 29, 2024.

This Fund has a managed distribution policy that seeks to deliver the Fund’s long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.