Company: RNP
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049819
Chunk: 109

Company: COHEN & STEERS REIT & PREFERRED & INCOME FUND INC
Filing Date: 2025-03-07
Form: N-CSR
Chunk 109
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 without pre-emptive
rights). While Cohen & Steers prefers that companies be permitted to issue shares without pre-emptive rights, in deference to international local practices, Cohen & Steers will approve
issuance requests with pre-emptive rights.

Dual ClassCapitalizations.
Because classes of common stock with unequal voting rights limit the rights of certain shareholders, Cohen & Steers votes against the adoption of a dual or multiple class capitalization structure. Cohen & Steers supports the one-share, one-vote principle for voting.

Restructurings/Recapitalizations. Cohen & Steers reviews proposals to increase common and/or preferred shares and to issue
shares as part of a debt restructuring plan on a case-by-case basis. In voting, Cohen & Steers considers the following:

| • |     | Dilution: how much will the ownership interest of existing shareholders be reduced, and how extreme will 
 dilution to any future earnings be?                                                                      |

| • |     | Change in control: will the transaction result in a change in control of the company? |

| • |     | Bankruptcy: generally approve proposals that facilitate debt restructurings unless there are clear signs of 
 self-dealing or other abuses.                                                                               |

Share Repurchase Programs. Cohen & Steers generally votes in favor of
such programs where the repurchase would be in the long-term best interests of shareholders and where we believe that this is a good use of the company’s cash.

Cohen & Steers will vote against such programs when shareholders’ interests could be better served by deployment of the cash for
alternative uses, or where the repurchase is a defensive maneuver or an attempt to entrench management.

Targeted Share Placements (SP). Cohen & Steers votes these proposals on a case-by-case basis. These proposals ask companies to seek shareholder approval before placing 10% or more of
their voting stock with a single investor. The proposals are typically in reaction to the placement of a large block of voting stock in an employee stock option plan, parent capital fund or with a single friendly investor, with the aim of protecting
the company against a hostile tender offer.

Shareholder Rights Plans.Cohen & Steers reviews proposals to ratify
shareholder rights plans on a case-by-case basis taking into consideration the length of the plan.

Shareholder Rights Plans (JAPAN).Cohen & Steers reviews proposals on a case-by-case basis examining not only the features of the plan itself but also factors including share price movements