Company: PIM
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000928816-25-000374
Chunk: 14

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 14
---
 recommendation must be accompanied
by a written consent of the individual to stand for election if nominated by the Board of Directors and to serve if elected by the stockholders.
The Nominating Committee will operate under a

| 22 |

written charter adopted and approved by the Board, a copy of which will
be available on the fund’s website at www.franklintempleton.com/investments/options/closed-end-funds and click on the name of the
fund.

The Nominating Committee will identify potential nominees through
its network of contacts, and in its discretion may also engage a professional search firm. The Nominating Committee will meet to discuss
and consider such candidates’ qualifications and then chooses a candidate by majority vote. The Nominating Committee will not have
specific, minimum qualifications for nominees, and will not establish specific qualities or skills that it regards as necessary for one
or more of the fund’s Trustees to possess (other than any qualities or skills that may be required by applicable law, regulation
or listing standard). However, as set forth in the Nominating Committee Charter, in evaluating a person as a potential nominee to serve
as a Trustee of the fund, the Nominee Committee may consider the following factors, among any others it may deem relevant:

| • |     | whether or not the person is an “interested person” as defined in the 1940 Act and whether the person is otherwise qualified under applicable laws and regulations to serve as a Director of the fund; |

| • |     | whether or not the person has any relationships that might impair his or her independence, such as any business, financial or family relationships with fund management, the investment manager of the fund, fund service providers or their affiliates; |

| • |     | whether or not the person serves on boards of, or is otherwise affiliated with, competing financial service organizations or their related mutual fund complexes; |

| • |     | whether or not the person is willing to serve, and willing and able to commit the time necessary for the performance of the duties of a Trustee of the fund; |

| • |     | the contribution which the person can make to the Board and the fund (or, if the person has previously served as a Director of the fund, the contribution which the person made to the Board during his or her previous term of service), with consideration being given to the person’s business and professional experience, education and such other factors as the Committee may consider relevant; |

| • |     | the