Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 49

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 49
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issue, as soon as practicable, the shares purchased as a result of such exercise. To the extent permissible under applicable law,
we may determine to offer any unsubscribed offered securities directly to persons other than stockholders, to or through agents,
underwriters or dealers or through a combination of such methods, as set forth in the applicable prospectus supplement.

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Certain Provisions of the Fund’s Governing Documents and Maryland Laws</div>

The Fund presently
has provisions in its Governing Documents that could have the effect of limiting:

| ● | the ability of other entities or persons to acquire control of the Fund’s Board; |

| ● | the Fund’s freedom to engage in certain transactions; or |

| ● | the ability of the Fund’s Directors or stockholders to amend the Governing Documents or effectuate changes in the Fund’s management. |

These provisions of
the Governing Documents of the Fund may be regarded as “anti-takeover” provisions. The Board is divided into three
classes, each having a term of three years. Each year the term of one class of Directors will expire. Each Director serves until
the third annual meeting following his or her election and until his or her successor is elected and qualified. Accordingly, only
those Directors in one class may be changed in any one year, and it would require two years to change a majority of the Board.
The affirmative vote of a majority of the votes entitled to be cast in the election of directors is required to elect a Director.
A classified Board may have the effect of maintaining the continuity of management and, thus, make it more difficult for the stockholders
of the Fund to change the majority of Directors. A Director of the Fund may be removed only for cause by a vote of a majority of
the votes entitled to be cast for the election of Directors of the Fund. In addition, the affirmative vote of the holders of 66
2/3% of each class of the outstanding voting shares of the Fund, voting as separate classes, is generally required to authorize
any of the following transactions:

| ● | merger or consolidation of the Fund with or into any other entity; |

| ● | issuance of any securities of the Fund to any person or entity for cash; |

| ● | sale, lease or exchange of all or any substantial part of the assets of the Fund to any entity or person (except assets generally having an aggregate fair market value of less than $1,000,000); or |