Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 240

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 240
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 of the Target Fund hereunder shall be subject to the following conditions:

(a) That this Agreement shall have been approved by [at least two-thirds] [a majority] of the members of the Board of the Target Fund and by the affirmative vote of the Target Fund Common Shareholders and the Target
Fund VMTP Holders, voting as a single class, representing [a 1940 Act Majority (as defined below) of the outstanding shares] [a majority of the outstanding shares of capital stock] entitled to vote on this Agreement, and by the affirmative vote of the Target Fund VMTP Holders, voting as a separate class, representing a 1940 Act Majority of the outstanding VMTP Shares entitled
to vote on this Agreement. A “1940 Act Majority” means the affirmative vote of either (i) 67% or more of the class or classes of Target Fund Shares entitled to vote on such proposal present at the Target Fund’s shareholder meeting
where this Agreement shall be approved, if the holders of more than 50% of the outstanding class or classes of Target Fund Shares entitled to vote on such proposal are present or represented by proxy or (ii) more than 50% of the outstanding
class or classes of Target Fund Shares entitled to vote on such proposal, whichever is less.

Applies to BLE, BYM, BFK.

Applies to MUE.

Applies to BLE, BYM, BFK.

Applies to MUE.

A-13

(b) That the Acquiring Fund shall have delivered (including in
electronic format) to the Target Fund (i) a copy of the resolutions approving this Agreement and the issuance of additional Acquiring Fund Shares in connection with the Reorganization adopted by the Board of the Acquiring Fund, (ii) a
certificate setting forth the vote of the Acquiring Fund VMTP Holders, voting as a separate class, approving this Agreement and amendments to the Articles Supplementary in connection with the issuance of additional Acquiring Fund VMTP Shares in the
Reorganization, and the vote of the Acquiring Fund Common Shareholders and the Acquiring Fund VMTP Holders, voting as a single class, approving the issuance of additional Acquiring Fund Common Shares in connection with the Reorganization, and
(iii) a certificate certifying that the Acquiring Fund has received all requisite consents and approvals necessary to consummate the Reorganization, each certified by the Acquiring Fund’s Secretary or any Assistant Secretary.

(c) That the Acquiring Fund shall have provided or