Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 66

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 66
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Whenever the Fund declares a Distribution and the
last reported net asset value of the Fund’s shares is higher than its market price, the Agent will apply the amount of such Distribution
payable to Plan participants of the Fund in Fund shares (less such Plan participant’s pro rata share of brokerage commissions incurred
with respect to Open Market Purchases in connection with the reinvestment of such Distribution) to the purchase on the open market of
Fund shares for such Plan participant’s account. Such purchases will be made on or after the payable date for such Distribution,
and in no event more than 30 days after such date except where temporary curtailment or suspension of purchase is necessary to comply
with applicable provisions of federal securities laws. The Agent may aggregate a Plan participant’s purchases with the purchases
of other Plan participants, and the average price (including brokerage commissions) of all shares purchased by the Agent shall be the
price per share allocable to each Plan participant.

Registered Stockholders who do not wish to have their
Distributions automatically reinvested should so notify the Fund in writing. If a Stockholder has not elected to receive cash Distributions
and the Agent does not receive notice of an election to receive cash Distributions prior to the record date of any Distribution, the
Stockholder will automatically receive such Distributions in additional shares.

Participants in the Plan may withdraw from the Plan
by providing written notice to the Agent at least 30 days prior to the applicable Distribution payment date. The Agent will maintain
all Stockholder accounts in the Plan and furnish written confirmations of all transactions in the accounts, including information needed
by Stockholders for personal and tax records. The Agent will hold shares in the account of the Plan participant in non-certificated form
in the name of the participant, and each Stockholder’s proxy will include those shares purchased pursuant to the Plan. The Agent
will distribute all proxy solicitation materials to participating Stockholders.

In the case of Stockholders, such as banks, brokers
or nominees, that hold shares for others who are beneficial owners participating in the Plan, the Agent will administer the Plan on the
basis of the number of shares certified from time to time by the record Stockholder as representing the total amount of shares registered
in the Stockholder’s name and held for the account of beneficial owners participating in the Plan.

Neither the Agent nor the Fund shall have any responsibility
or liability beyond the exercise of ordinary care for any action taken or omitted pursuant to the Plan, nor shall they