Company: NMZ
Filing Date: 2025-11-18
Form Type: N-14 8C/A
Source: 0001999371-25-018025
Chunk: 145

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-11-18
Form: N-14 8C/A
Chunk 145
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 race and ethnicity), independence and experience to oversee the Funds’
business. With this overall framework in mind, when the Board, through its Nominating and Governance Committee discussed below,
seeks nominees for the Board, the Board Members consider not only the candidate’s particular background, skills and experience,
among other things, but also whether such background, skills and experience enhance the Board’s diversity and at the same
time complement the Board given its current composition and the mix of skills and experiences of the incumbent Board Members. The
Nominating and Governance Committee believes that the Board generally benefits from diversity of background (including, among other
things, gender, race and ethnicity), skills, experience and views among its members, and considers this a factor in evaluating
the composition of the Board, but has not adopted any specific policy on diversity or any particular definition of diversity.

The Board believes the unitary board structure
enhances good and effective governance, particularly given the nature of the structure of the investment company complex. Funds
in the same complex generally are served by the same service providers and personnel and are governed by the same regulatory scheme
which raises common issues that must be addressed by the Board Members across the Fund Complex (such as compliance, valuation,
liquidity, brokerage, trade allocation and risk management). The Board believes it is more efficient to have a single board review
and oversee common policies and procedures which increases the Board’s knowledge and expertise with respect to the many aspects
of fund operations that are complex-wide in nature. The unitary structure also enhances the Board’s influence and oversight
over the Adviser and other service providers.

In an effort to enhance the independence
of the Board, the Board also has Co-Chairs that are Independent Board Members. The Board recognizes that a chair can perform an
important role in setting the agenda for the Board, establishing the boardroom culture, establishing a point person on behalf of
the Board for Fund management and reinforcing the Board’s focus on the long-term interests of shareholders. The Board recognizes
that a chair may be able to better perform these functions without any conflicts of interests arising from a position with Fund
management. Accordingly, the Board Members have elected Mr. Young to serve as an independent Chair of the Board. Pursuant
to the Fund’s by-laws, the Chair shall perform all duties incident to the office of Chair of the Board and such other duties
as from time to time may be assigned to him or her by the Board Members or the by-laws. Specific responsibilities