Company: WIA
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080095
Chunk: 19

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 19
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., as nominee for participants in The Depository Trust Company, held of record 23,321,805 Shares (representing approximately 99% of the outstanding Shares). Cede & Co.’s address is 55 Water
Street, 25th Floor, New York, New York 10041-0001. Unless otherwise noted, as of the Record Date, the persons shown in the table below owned, to the knowledge of the Fund, beneficially more than five percent of the outstanding Shares.

| Shareholder Name and Address                                                                 |     | Share Holdings |     | Percentage Owned |
| Karpus Management, Inc., d/b/a Karpus Investment Management (“Karpus”)(1)  183 Sully’s Trail 
 Pittsford, New York 14534                                                                    |     |  7,650,780.234 |     | 32.8%            |
| Cascade Investment, L.L.C.(2)(3)                                                             
 2365 Carillon Point                                                                          
 Kirkland, WA 98033                                                                           |     |      5,624,953 |     | 24.1%            |

| (1) | Based on information obtained from a Schedule 13D/A filed with the SEC on September 18, 2024. |

| (2) | Based on information obtained from a Schedule 13D/A filed with the SEC on February 9, 2023. |

| (3) | Mr. Larson is the Business Manager of Cascade Investment, L.L.C. (“Cascade”), but disclaims any beneficial                                                                                                                                           
 ownership of the Shares beneficially owned by Cascade. All Shares beneficially owned by Cascade may be deemed to be beneficially owned by William H. Gates III, as the sole member of Cascade. On December 30, 2020, the Fund accepted for purchase, 
 at $13.99 per share, 1,942,045 shares tendered by Cascade Investment, L.L.C. into the tender offer announced by the Fund on November 25, 2020.                                                                                                       |

ANNUAL REPORT TO SHAREHOLDERS

The Fund’s
Annual Report to Shareholders for the fiscal year ended November 30, 2024, contains financial and other information pertaining to the Fund. The Fund will furnish without charge to each person whose proxy is being solicited, upon request of such
person, a copy of the Annual Report to Shareholders. Requests for copies of the Annual Report to Shareholders should be