Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 71

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 71
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 relieve participants of any federal, state or local income tax that may be payable (or required to be withheld) on such Distributions.
The Fund reserves the right to amend or terminate the Plan. There is no direct service charge to participants with regard to purchases
in the Plan.

Participants may at any time sell some or all of
their shares though the Agent. Shares may be sold via the internet at www.equiniti.com or through the Agent’s toll-free number,
(866) 668-6558. Participants can also use the tear off portion attached to the bottom of their statement and mail the request to Equiniti
Trust Company, LLC, 48 Wall Street, 23rd Floor, New York, NY 10005. There is a commission of $0.05 per share.

All correspondence concerning the Plan should be
directed to Equiniti Trust Company, LLC, 48 Wall Street, 23rd Floor, New York, NY 10005. Certain transactions can be performed online
at www.equiniti.com or by calling the toll-free number (866) 668-6558.

<div align='center'>CERTAIN ADDITIONAL MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS</div>

The following is a summary discussion of certain
U.S. federal income tax consequences that may be relevant to a Stockholder that acquires, holds and/or disposes of the Fund’s Shares,
and reflects provisions of the Code, existing Treasury regulations, rulings published by the Internal Revenue Service (the “IRS”),
and other applicable authority, as of the date of this prospectus. These authorities are subject to change by legislative or administrative
action, possibly with retroactive effect. The following discussion is only a summary of some of the important tax considerations generally
applicable to investments in the Fund and the discussion set forth herein does not constitute tax advice. Except as expressly provided
below, this discussion addresses only the U.S. federal income tax consequences of an investment by U.S. Holders (as defined in the Statement
of Additional Information) and assumes that such Stockholders will hold Shares as capital assets, which generally means as property held
for investment. For more detailed information regarding tax considerations, see the Statement of Additional Information under the heading
“Certain Material United States Federal Income Tax Consequences.” There may be other tax considerations applicable to particular
investors. In addition, income earned through an investment in the Fund may be subject to state, local and foreign taxes.

Tax