Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 194

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 194
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 securities and classes of beneifical interest in BLE, are entitled to elect two Trustees at any annual meeting in which Trustees are elected. In addition, BLE’s Agreement and Declaration of Trust requires the favorable vote or consent of a majority of BLE’s Board followed by the favorable vote of the holders of at least 75% of the outstanding shares of each affected class or series of BLE, 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 approval by “a majority of the outstanding voting securities” (as defined in the 1940 Act) of BLE will be the only vote of the shareholders required. These voting requirements are in addition to any regulatory relief required from the SEC with respect to such transaction. For purposes of these provisions, a 5% or greater holder of a class or series of shares (a “ Principal Shareholder”) refers to any corporation, person or other entity, who, whether directly or indirectly and whether alone or together with its affiliates and associates, beneficially owns 5% or more of the outstanding shares of any outstanding class or series of shares of beneficial interest of BLE. The 5% holder transactions subject to these special approval requirements are:

| ● |     | the merger or consolidation of BLE or any subsidiary of BLE with or into any Principal Shareholder; |

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| ● |     | the issuance of any securities of BLE to any Principal Shareholder for cash (other than pursuant to any 
 automatic dividend reinvestment plan);                                                                  |

| ● |     | the sale, lease or exchange of all or any substantial part of the assets of BLE to any Principal Shareholder,                                                                                                                             
 except assets having an aggregate fair market value of less than $1,000,000, aggregating for the purpose of such computation all assets sold, leased or exchanged in any series of similar transactions within a twelve- month period; or |

| ● |     | the sale, lease or exchange to BLE or any subsidiary of BLE, in exchange for securities of BLE, of any assets 
 of any Principal Shareholder, except assets having an aggregate fair market value of less than                |

| ● |     | $1,000,000, aggregating for purposes of such computation all assets sold, leased or exchanged in any series of 
 similar transactions within