Company: EQS
Filing Date: 2025-05-12
Form Type: DEF 14A
Source: 0001712543-25-000028
Chunk: 64

Company: EQUUS TOTAL RETURN, INC.
Filing Date: 2025-05-12
Form: DEF 14A
Chunk 64
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 Secretary, Equus Total Return, Inc., 700 Louisiana Street, 41 Floor, Houston, TX 77002, within the time limits
described above for delivering a stockholder proposal notice and comply with the information requirements in our by-laws relating to Director
nominations by stockholders. These requirements are separate from and in addition to the SEC’s requirements that a stockholder must
meet in order to have a stockholder proposal included in the Company’s proxy statement.

The proxy solicited by the Board of Directors for
the 2026 annual meeting will confer discretionary authority to vote on any stockholder proposal presented at that meeting, unless the
Company is provided with notice of such proposal no later than December 31, 2025.

A copy of the full text of the by-law provisions discussed
above may be obtained by writing to the Corporate Secretary, 700 Louisiana Street, 41 Floor, Houston, TX 77002 and is included
as an exhibit to the Company’s annual report on Form 10-K for the year ended December 31, 2024 as filed with the SEC via EDGAR
on April 10, 2025.

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Communications with the Board. Interested parties
who wish to communicate directly with the Board, or specified individual directors may do so by writing to the Board or individual directors
in care of the Chairman, Equus Total Return, Inc., 700 Louisiana Street, 41 Floor, Houston, TX 77002. At the direction of
the Board, all mail received will be opened and screened for security purposes. The mail will then be logged in. All mail, other than
trivial or obscene items, will be forwarded. Trivial items will be delivered to the directors at the next scheduled Board meeting. Mail
addressed to a particular director will be forwarded or delivered to that director. Mail addressed to “Independent Directors,”
“Outside Directors” or “Non-Management Directors” will be forwarded or delivered to the Chairman of the Committee
of Independent Directors. Mail addressed to the “Board of Directors” will be forwarded or delivered to the Chairman of the
Board. Concerns relating to accounting, internal controls, or auditing matters are handled in accordance with procedures established by
the Audit Committee with respect to such matters.

Corporate Governance. The Company is a Delaware
corporation subject to the provisions of the Delaware General Corporation Law (“DGCL”). The Company’s day-to-day operations
and requirements as to the place and