Company: DNP
Filing Date: 2025-01-24
Form Type: DEF 14A
Source: 0001193125-25-011831
Chunk: 13

Company: DNP SELECT INCOME FUND INC
Filing Date: 2025-01-24
Form: DEF 14A
Chunk 13
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| (1) | Because each director serves as a director of each of DNP, DPG and DTF, directors receive a single set of fees                                                                                                                                       
 as remuneration for their service to all three funds: (i) each director not affiliated with the Adviser receives a retainer fee of $90,000 per year; (ii) the chairs of the audit committee, contracts committee and nominating and governance       
 committee each receive an additional retainer fee of $8,000 per year; and (iii) the Chair of the Board receives an additional retainer fee of $50,000 per year. Directors and officers affiliated with the Adviser receive no compensation from the  
 Funds for their services as such. In addition to the amounts shown in the table above, all directors and officers who are not interested persons of the Funds or the Adviser or affiliated with a Fund administrator are reimbursed for the expenses 
 incurred by them in connection with their attendance at a meeting of the Board or a committee of the Board. The Funds do not have a pension or retirement plan applicable to their directors or officers.                                            |

| (2) | Please refer to the table on the preceding pages for the number of investment companies in the Fund Complex                                                                                                               
 overseen by each director other than Messrs. McLoughlin and Vitale and Ms. McNamara. In addition to DNP, DPG and DTF, Mr. Burke oversees 97 additional funds that are advised by affiliates of Virtus, Mr. McLoughlin and 
 Ms. McNamara each oversee 89 additional funds that are advised by affiliates of Virtus, and Mr. Aylward oversees 107 additional funds that are advised by affiliates of Virtus.                                           |

The Board of each of the Funds, including all of the independent directors, unanimously recommends a vote “FOR” the election of the two nominees for director named above.

OTHER BUSINESS

Management is not aware of any other matters that will come before the meeting. If any other business should come before the meeting, however,
your proxy, if signed and returned, will give discretionary authority to the persons designated in it to vote according to their best judgment.

15

OTHER INFORMATION

The Adviser. Duff & Phelps Investment Management Co. acts as investment adviser for each Fund. The address of the Adviser is
10 South Wacker Drive, Suite 1900, Chicago, Illinois 60606. The Advis