Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 32

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 32
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 are properly brought before the Meeting, the persons named in the accompanying
proxy will vote thereon in accordance with their judgment.

<div align='center'>SHAREHOLDER NOMINATIONS AND PROPOSALS</div>

All
proposals by shareholders of the Fund that are intended to be presented pursuant to Rule 14a-8 under the 1934 Act (“Rule
14a-8”) at the Fund’s next Annual Meeting of Shareholders to be held in 2026 (the “2026 Annual Meeting”)
must be received by the Fund for consideration for inclusion in the Fund’s 2026 proxy statement and 2026 proxy relating to that
meeting no later than December 3, 2025. Rule 14a-8 specifies a number of procedural and eligibility requirements to be satisfied by a
shareholder submitting a proposal for inclusion in the Fund’s proxy materials pursuant to Rule 14a-8. Any shareholder contemplating
submissions of such a proposal is referred to Rule 14a-8.

The
Fund’s By-Laws require shareholders that wish to nominate Trustees or make proposals to be voted on at an Annual Meeting of the
Fund’s Shareholders (and which are not proposed to be included in the Fund’s proxy materials pursuant to Rule 14a-8) to provide
timely notice of the nomination or proposal in writing. To be considered timely for the 2026 Annual Meeting, the shareholder notice (and
information summarized below and described fully in the Fund’s By-Laws) must be sent to the Fund’s Secretary, c/o Gabelli
Funds, LLC, One Corporate Center, Rye, NY 10580-1422, and must be received by the Secretary no earlier than December 13, 2025 and no
later than January 12, 2026; provided, however, that if the 2026 Annual Meeting is to be held on a date that is earlier than

| 17 |

April 17,
2026 or later than June 6, 2026, such notice must be so received not later than the close of business on the 10th day following the date
on which notice of the date of the annual meeting was mailed or public disclosure of the date of such annual meeting was made, whichever
occurred first. In no event shall the adjournment or postponement of an annual meeting, or the public announcement of such an adjournment
or postponement, commence a new time period (or extend