Company: CLM
Filing Date: 2025-04-08
Form Type: N-2/A
Source: 0001398344-25-006812
Chunk: 59

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-08
Form: N-2/A
Chunk 59
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,” and are required to meet the NYSE American’s continued listing requirements.

<div align='center'>MANAGEMENT OF THE FUND</div>

Directors and Officers

The Board of Directors is responsible for the overall
management of the Fund, including supervision of the duties performed by the Investment Adviser. There are ten Directors of the Fund,
three of whom are “interested persons” (as defined in the 1940 Act) of the Fund. The Directors are responsible for the Fund’s
overall management, including adopting the investment and other policies of the Fund, electing and replacing officers and selecting and
supervising the Fund’s Investment Adviser. The name and business address of the Directors and officers of the Fund and their principal
occupations and other affiliations during the past five years, as well as a description of committees of the Board of Directors, are
set forth under “Management” in the Statement of Additional Information.

Investment Adviser

Cornerstone Advisors, LLC (the “Investment
Adviser”), 1075 Hendersonville Road, Suite 250, Asheville, North Carolina 28803, is a limited liability company organized under
the laws of North Carolina and serves as the Fund’s investment adviser. The Investment Adviser is registered with the SEC as an
investment adviser under the Investment Advisers Act of 1940, as amended. The Investment Adviser manages one other closed-end fund with
combined assets under management with the Fund of approximately $2.5 billion, as of December 31, 2024.

Under the general supervision of the Fund’s
Board of Directors, the Investment Adviser carries out the investment and reinvestment of the net assets of the Fund, continuously furnishes
an investment program with respect to the Fund, determines which securities should be purchased, sold or exchanged, and implements such
determinations. The Investment Adviser furnishes to the Fund investment advice and office facilities, equipment and personnel for servicing
the investments of the Fund. The Investment Adviser compensates all Directors and officers of the Fund who are members of the Investment
Adviser’s organization and who render investment services to the Fund, and will also compensate all other Investment Adviser personnel
who provide research and investment services to the Fund. In return for these services, facilities and payments, the Fund has agreed
to pay the Investment Adviser as compensation under the Investment Management Agreement a monthly fee computed at the annual rate of
1.00% of the average weekly net assets of the