Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 196

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 196
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 executive offices of BLE not less than 120 calendar days nor more than 150 calendar days prior to the anniversary date of the prior year’s annual meeting (subject to certain exceptions). Any notice by a shareholder must be accompanied by certain information as provided in the Bylaws. BYM BYM’s Amended and Restated Agreement and Declaration of Trust includes provisions that could have the effect of limiting the ability of other entities or persons to acquire control of BYM or to change the composition of its board of trustees. This could have the effect of depriving shareholders of an opportunity to sell their shares at a premium over prevailing market prices by discouraging a third party from seeking to obtain control over BYM. Such attempts could have the effect of increasing the expenses of BYM and disrupting the normal 113

operation of BYM. The Board of Trustees is divided into three classes, with the terms of one class expiring at each annual meeting of shareholders. At each annual meeting, one class of Trustees is elected to a three-year term. This provision could delay for up to two years the replacement of a majority of the board of trustees. A Trustee may be removed for cause only, and not without cause, and only by action taken by a majority of the remaining trustees followed by a vote of the holders of at least 75% of the shares then entitled to vote for the election of such trustee. A Trustee elected by all of the holders of shares may be removed only by action of such holders, and a trustee elected by the holders of preferred shares may be removed only by action of the holders of preferred shares. In addition, BYM’s Amended and Restated Agreement and Declaration of Trust requires the favorable vote of a majority of BYM’s Board of Trustees followed by the favorable vote of the holders of at least 75% of the outstanding shares of each affected class or series of BYM, voting separately as a class or series, to approve, adopt or authorize certain transactions with 5% or greater holders of a class or series of shares and their associates, unless 80% of the trustees by resolution have approved a memorandum of understanding with such holders with respect to and substantially consistent with such transaction, in which case “a majority of the outstanding voting securities” (as defined in the 1940 Act) of BYM shall be the only vote of sharehoders required. For purposes of these provisions, a 5% or greater holder of a class or series of shares (a “ Principal Shareholder”) refers to any corporation