Company: RFMZ
Filing Date: 2025-03-07
Form Type: N-CSRS
Source: 0001398344-25-005064
Chunk: 39

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-03-07
Form: N-CSRS
Chunk 39
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 as of September 30, 2024.

Mr. Browne serves as serves as a Portfolio Manager for the closed-end
fund municipal income strategies. Jonathan is a member of the investment management team and is responsible for assisting with the research
and trading of RiverNorth’s closed-end fund (CEF) and special purpose acquisition company (SPAC) strategies.

Prior to joining RiverNorth, Jonathan was a Portfolio Manager,
Director of Research at Robinson Capital where he co-managed several closed-end fund and SPAC focused mutual funds, as well as oversaw
the firm’s CEF and SPAC research efforts. Prior to Robinson Capital, Jonathan worked as an Associate Portfolio Manager and Research
Analyst for Federated Hermes.

As of January 31, 2025, the Portfolio Manager listed above is also responsible for the day-to-day management of the following:

| Number of Other Accounts Managed and Assets by Account Type 
 As of January 31, 2025                                      |                 |                                 |                     |                         |                |                                            |
|:------------------------------------------------------------|:----------------|:--------------------------------|:--------------------|:------------------------|:---------------|:-------------------------------------------|
| Portfolio Manager                                           | Registered      
 Investment      
 Companies       
 (other than the 
 Fund)           | Registered Investment Companies 
 Subject to Performance-         
 Based Advisory Fees             | Other Pooled        
 Investment Vehicles | Other Pooled Investment 
 Vehicles Subject        
 to Performance-         
 Based Advisory          
 Fees                    | Other Accounts | Other Accounts                             
 Subject to Performance-Based Advisory Fees |
| Jonathan Browne                                             | 4               
 $1.11B          | 0                               
 $0                              | 0                   
 $0                  | 0                       
 $0                      | 0              
 $0             | 0                                          
 $0                                         |

Conflicts of Interest

Actual or apparent conflicts of interest may arise when a portfolio
manager has day-to-day management responsibilities with respect to more than one fund or other accounts. More specifically, portfolio
managers who manage multiple funds are presented with the following potential conflicts, among others:

The management of multiple accounts may result in a portfolio
manager devoting unequal time and attention to the management of each account. The management of multiple funds and accounts also may
give rise to potential conflicts of interest if the funds and accounts have different objectives, benchmarks, time horizons and fees as
the portfolio manager must allocate his time and investment ideas across multiple funds and accounts. Another potential conflict of interest
may arise where another account has the same or similar investment objective as the Fund,