Company: RIV
Filing Date: 2025-03-21
Form Type: N-2/A
Source: 0001398344-25-005840
Chunk: 178

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-03-21
Form: N-2/A
Chunk 178
---
, the lead Independent Director receives an additional $1,333 annually, the Chair of the Audit Committee receives an additional $1,111 annually and the Chair of the Nominating and Corporate Governance Committee receives an additional $750 annually. Prior to January 1, 2024, for their services, the Directors of the Fund who are not employed by the Adviser received an annual retainer in the amount of $17,000, and an additional $2,000 for attending each quarterly meeting of the Board of Directors and an additional $1,000 for attending each special meeting of the Board. In addition, the lead Independent Director received $10,000 annually. The Directors who are not employed by the Adviser are also reimbursed for all reasonable out-of-pocket expenses relating to attendance at meetings of the Board. The following table shows compensation with respect to the Fund and the Fund Complex as of the Fund’s fiscal year end. Patrick W. Galley is an interested person of the Fund and employed by the Adviser and does not receive any compensation from the Fund.

Compensation of Directors

The following table sets forth certain information regarding the compensation of the Fund’s Directors for the fiscal period from August 1, 2023 to June 30, 2024. In May 2024, the Fund changed its fiscal year end from July 31 to June 30 and, as a result, the information provided is for the 11-month period ended June 30, 2024.

<div align='center'>53</div>

| Name                
 of Director/Nominee 
 Independent         
 Directors           |     | Total        
 Compensation 
 From the     
 Fund         |         |     | Total         
 Compensation  
 From the Fund 
 and Fund      
 Complex Paid  
 to            
 Directors*    |           |
|:--------------------|:----|:-------------|--------:|:----|:--------------|----------:|
| John                
 K. Carter           |     | $            |  31,417 |     | $             |   241,249 |
| J.                  
 Wayne Hutchens      |     |              |  26,305 |     |               |   236,499 |
| David               
 M. Swanson          |     |              |  26,083 |     |               |   233,125 |
| Lisa                
 B. Mougin           |     |              |  25,750 |     |               |   190,250 |
| Interested          
 Directors           |     |