Company: SWZ
Filing Date: 2025-10-23
Form Type: N-2/A
Source: 0001999371-25-015937
Chunk: 66

Company: Total Return Securities Fund
Filing Date: 2025-10-23
Form: N-2/A
Chunk 66
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 Directors satisfy this standard. Experience relevant to having this ability may be achieved through a Director’s educational background; business, professional training or practice (e.g., medicine, accounting or law), public service or academic positions; experience from service as a board member (including the Board of the Fund) or as an executive of investment funds, public companies or significant private or not-for-profit entities or other organizations; and/or other life experiences. The Board’s Nominating and Corporate Governance Committee Charter contains certain other factors considered by the Nominating and Corporate Governance Committee in identifying and evaluating potential Director nominees. The Board and its committees have the ability to engage other experts as appropriate.

<div align='center'>B-8</div>

Information about each Director follows (supplementing the information provided in the table above), including some of the specific experiences, qualifications, attributes or skills that each Director possesses which the Board believes has prepared them to be effective Directors. Each Director satisfies the Fund’s Director qualification requirements set forth in the Nominating and Corporate Governance Committee Charter, which are as follows: (i) the character and integrity of the person: (ii) whether or not the person is qualified under applicable laws and regulations to serve as a Director of the Fund; (iii) whether or not the person has any relationships that might impair his or her service on the Board; (iv) whether nomination of the person would be consistent with Fund policy and applicable laws and regulations regarding the number and percentage of Independent Directors on the Board; (v) whether or not the person serves on boards of, or is otherwise affiliated with, competing financial service organizations or their related fund complexes; (vi) whether or not the person is willing to serve and is willing and able to commit the time necessary for the performance of the duties and responsibilities of a Director of the Fund; and (vii) the educational background; business, professional training or practice (e.g., medicine, accounting or law), public service or academic positions; experience from service as a board member (including the Board) or as an executive of investment funds, public companies or significant private or not-for-profit entities or other organizations; and/or other life experiences. The Nominating and Corporate Governance Committee also may consider whether a potential nominee’s professional experience, education, skills and other individual qualities and attributes, including gender, race or national origin, would provide beneficial diversity of skills, experience or perspective to the Board’s membership and collective attributes.

Andrew Dakos. Mr. Dakos has been the President and Chief