Company: MMU
Filing Date: 2025-07-30
Form Type: N-CSR
Source: 0001133228-25-007762
Chunk: 65

Company: WESTERN ASSET MANAGED MUNICIPALS FUND INC.
Filing Date: 2025-07-30
Form: N-CSR
Chunk 65
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 STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES. |

Not applicable.

| ITEM 
 8.   | CHANGES                                                                             
 IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES. |

Not applicable.

| ITEM 
 9.   | PROXY                                                     
 DISCLOSURES FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES. |

Not applicable.

| ITEM 
 10.  | REMUNERATION                                                                         
 PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES. |

Not applicable.

| ITEM 
 11.  | STATEMENT                                                     
 REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT. |

The information is disclosed as part of the Financial Statements
included in Item 1 of this Form N-CSR, as applicable.

| ITEM 
 12.  | DISCLOSURE                                                                              
 OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |

<div align='center'>Western Asset Management Company, LLC Proxy Voting Policies and Procedures</div>

| NOTE |

The policy below relating to proxy voting
and corporate actions is a global policy for Western Asset Management Company, LLC (“Western Asset” or the “Firm”)
and all Western Asset affiliates, including Western Asset Management Company Limited (“Western Asset Limited”), Western Asset
Management Company Ltd (“Western Asset Japan”) and Western Asset Management Company Pte. Ltd. (“Western Asset Singapore”),
as applicable. As compliance with the policy is monitored by Western Asset, the policy has been adopted from the US Compliance Manual
and all defined terms are those defined in the US Compliance Manual rather than the compliance manual of any other Western Asset affiliate.

| BACKGROUND |

An investment adviser is required to adopt
and implement policies and procedures that we believe are reasonably designed to ensure that proxies are voted in the best interest of
clients, in accordance with fiduciary duties and Rule 206(4)-6 under the Investment Advisers Act of 1940 (“Advisers Act”).
The authority to vote the proxies of our clients is established through investment management agreements or comparable documents. In
addition to SEC requirements governing advisers, long-standing fiduciary standards and responsibilities have been established for ERISA
accounts. Unless a manager of ERISA assets has been expressly precluded from voting proxies, the Department of Labor has determined that