Company: WIA
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080095
Chunk: 11

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 11
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 possible events or circumstances, to lessen the probability of their occurrence and/or to mitigate the effects of such events or circumstances if they do
occur.

Different processes, procedures and controls are employed with respect to different types of risks. Various personnel, including the
Fund’s and Western Asset’s chief compliance officer and Western Asset’s chief risk officer, as well as various personnel of the Investment Adviser, the Subadvisers and other service providers, such as the Fund’s independent
accountants, also make periodic reports to the Audit Committee, Contracts Committee, Performance Committee and/or to the Board with respect to various aspects of risk management, as well as events and circumstances that have arisen and responses
thereto. These reports and other similar reports received by the Trustees as to risk management matters are typically summaries of the relevant information. The Board recognizes that not all risks that may affect the Fund can be identified, that it
may not be practical or cost-effective to eliminate or mitigate certain risks, that it may be necessary to bear certain risks

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(such as investment-related risks) to achieve the Fund’s goals, and that the processes, procedures and controls employed to address certain risks may be limited in their effectiveness.

. The Board has established an Audit Committee composed solely of Trustees who are not “interested persons” (as defined
in the 1940 Act) of the Fund, the Investment Adviser or the Subadvisers, consisting of Messrs. Abeles (Chairperson), Larson, Poladian, Siart and Taylor and Mses. Dasher, DeFrantz, Kerley and Studenmund. Each member of the Audit Committee is
“independent,” as independence for audit committee members is defined in the currently applicable listing standards of the New York Stock Exchange, on which the Shares of the Fund are listed and traded. The Audit Committee provides
oversight with respect to the accounting and financial reporting policies and procedures of the Fund and, among other things, considers the selection of the independent registered public accounting firm for the Fund and the scope of the audit and
approves services proposed to be performed by the independent registered public accounting firm on behalf of the Fund and, under certain circumstances, the Investment Adviser, the Subadvisers and certain of their affiliates. The Trustees have
adopted a written charter for the Audit Committee, a copy of which is available on the Fund’s website at
www.franklintempleton.com/investments/options/closed-end-fundsand click on the name of the