Company: JPC
Filing Date: 2025-06-12
Form Type: 424B3
Source: 0001999371-25-007638
Chunk: 106

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-12
Form: 424B3
Chunk 106
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, Board Members Lancellotta, Nelson and Toth were last elected to the Fund’s Board as Class II Board Members at the annual meeting of shareholders held on May 8, 2023.

Class III Board Members: For each Fund, Board Members Medero, Starr and Thornton were last elected to the Fund’s Board as Class III Board Members at the annual meeting of shareholders held on April 12, 2024. For the Target Fund, which does not have preferred shares outstanding, Board Member Moschner was also last elected to the Fund’s Board as a Class III Board Member at the annual meeting of shareholders held on April 12, 2024.

Board Members Elected by Holders of Preferred Shares: For the Acquiring Fund, which has preferred shares outstanding, Board Members Moschner and Wolff were last elected to the Fund’s Board at the annual meeting of shareholders held on April 17, 2025. Board Members elected by the holders of preferred shares serve until the next succeeding annual meeting subsequent to their election, or until their successors are elected and qualified.

Board Member Appointments: For the Target Fund, Board Member Kenny was appointed to the Fund’s Board effective January 1, 2024, and Board Members Boateng and Forrester were appointed to the Fund’s Board effective October 24, 2024. For the Acquiring Fund, Board Member Boateng was appointed to the Fund’s Board effective May 15, 2024.

Each of the Board Members and Board Member nominees is not an “interested person,” as defined in the 1940 Act, of the Target Fund, the Acquiring Fund or Nuveen Fund Advisors, LLC (previously defined as “Nuveen Fund Advisors” or the “Adviser”), the investment adviser to the Target Fund, and has never been an employee or director of the Adviser, Nuveen, the Adviser’s parent company, or any affiliate. Accordingly, such Board Members are deemed “Independent Board Members.”

The affirmative vote of a plurality (the greatest number of affirmative votes) of the shares present and entitled to vote at the Meeting will be required to elect each Board Member of the Target Fund. When there are four (4) nominees for election to the Board, as is the case here, a vote by plurality means the four nominees with the highest number of affirmative votes, regardless of the votes withheld for the nominees, will be elected. Because the election of Board Members does not require that a minimum percentage of the Target Fund’s outstanding