Company: EMD
Filing Date: 2025-02-27
Form Type: N-CSR
Source: 0001133228-25-001572
Chunk: 53

Company: WESTERN ASSET EMERGING MARKETS DEBT FUND INC.
Filing Date: 2025-02-27
Form: N-CSR
Chunk 53
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ISORY CONTRACT. |

The information is disclosed as part of the Financial Statements
included in Item 1 of this Form N-CSR, as applicable.

| ITEM 
 12.  | DISCLOSURE                                                                             
 OF PROXY VOTING POLOCIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES |

<div align='center'>Western Asset Management Company, LLC

Proxy Voting Policies and Procedures</div>

NOTE

The policy below relating to proxy voting and
corporate actions is a global policy for Western Asset Management Company, LLC (“Western Asset” or the “Firm”)
and all Western Asset affiliates, including Western Asset Management Company Limited (“Western Asset Limited”), Western Asset
Management Company Ltd (“Western Asset Japan”) and Western Asset Management Company Pte. Ltd. (“Western Asset Singapore”),
as applicable. As compliance with the policy is monitored by Western Asset, the policy has been adopted from the US Compliance Manual
and all defined terms are those defined in the US Compliance Manual rather than the compliance manual of any other Western Asset affiliate.

BACKGROUND

An investment adviser is required to adopt and
implement policies and procedures that we believe are reasonably designed to ensure that proxies are voted in the best interest of clients,
in accordance with fiduciary duties and Rule 206(4)-6 under the Investment Advisers Act of 1940 (“Advisers Act”). The authority
to vote the proxies of our clients is established through investment management agreements or comparable documents. In addition to SEC
requirements governing advisers, long-standing fiduciary standards and responsibilities have been established for ERISA accounts. Unless
a manager of ERISA assets has been expressly precluded from voting proxies, the Department of Labor has determined that the responsibility
for these votes lies with the investment manager.

POLICY

As a fixed income only manager, the occasion to
vote proxies is very rare, for instance, when fixed income securities are converted into equity by their terms or in connection with
a bankruptcy or corporate workout. However, the Firm has adopted and implemented policies and procedures that we believe are reasonably
designed to ensure that proxies are voted in the best interest of clients, in accordance with our fiduciary duties and Rule 206(4)-6
under the Advisers Act. In addition to SEC requirements governing advisers, our proxy voting policies reflect the long-standing fiduciary
standards and responsibilities for ERISA accounts. Unless a manager of ERISA assets has been expressly precluded from voting proxies,
the Department of