EX-FILING FEES

Calculation of Filing Fee Tables

FORM SC TO-I
(Form Type)

Variant Alternative Lending Fund
(Exact Name of Registrant as Specified in its Charter)

Table 1 Transaction Valuation

		Transaction Valuation				Fee rate			Amount of Filing Fee
Fees to Be Paid		$	3,181,858	​(1)		$	0.0001531		$	487.14
Fees Previously Paid
Total Transaction Valuation		$	3,181,858
Total Fees Due for Filing									$	487.14
Total Fees Previously Paid
Total Fee Offsets
Net Fee Due									$	487.14

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(1)      Estimated for purposes of calculating the amount of the filing fee only. The amount is based upon the offer to purchase up to 125,498 Shares (approximately 5.00% of the net assets of the Fund as June 30, 2025) based on a net asset value per Share as of close of business on July 17, 2025 of $25.50.

Table 2 Fee Offset Claims and Sources(2)

Registrant or Filer Name

Form or Filing Type

File Number

Initial Filing Date

Filing Date

Fee Offset Claimed

Fee Paid with Fee Offset Source

Fee Offset Claims

Fee Offset Sources

____________

(2)      Not applicable.