Company: WIA
Filing Date: 2025-01-28
Form Type: N-CSR
Source: 0001133228-25-000566
Chunk: 61

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-01-28
Form: N-CSR
Chunk 61
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 Fund’s Forms N-PORT are available on the SEC’s website at www.sec.gov. To obtain information on Form N-PORT, shareholders can call the Fund at 1-888-777-0102. Information on how the Fund voted proxies relating to portfolio securities during the prior 12-month period ended June 30th of each year and a description of the policies and procedures that the Fund uses to determine how to vote proxies related to portfolio transactions are available (1) without charge, upon request, by calling 1-888-777-0102, (2) at www.franklintempleton.com and (3) on the SEC’s website at www.sec.gov. Quarterly performance, semi-annual and annual reports, current net asset value and other information regarding the Fund may be found on Franklin Templeton’s website, which can be accessed at www.franklintempleton.com. Any reference to Franklin Templeton’s website in this report is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate Franklin Templeton’s website in this report. This report is transmitted to the shareholders of Western Asset Inflation-Linked Income Fund for their information. This is not a prospectus, circular or representation intended for use in the purchase of shares of the Fund or any securities mentioned in this report. Computershare Inc.
P.O. Box 43006
Providence, RI 02940-3078 WASX013148 1/25

| ITEM 2. | CODE OF ETHICS. |

The registrant has adopted a code of ethics that applies to the
registrant’s principal executive officer, principal financial officer, principal accounting officer or controller.

| ITEM 3. |     | AUDIT COMMITTEE FINANCIAL EXPERT. |

The Audit Committee of the Registrant’s Board of Trustees
is comprised solely of Trustees who are “independent” (as such term has been defined by the Securities and Exchange Commission
(“SEC”) in regulations implementing Section 407 of the Sarbanes-Oxley Act of 2002 (the “Regulations”)).
In addition, the Board of Trustees of the Registrant has determined that Mr. Robert Abeles, Jr. qualifies
as an “audit committee financial expert” (as such term has been defined in the Regulations) based on its review of his pertinent
experience, knowledge and education.

(Under applicable securities laws, a person who is determined
to be an audit committee financial