Company: NMS
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-045717
Chunk: 23

Company: Nuveen Minnesota Quality Municipal Income Fund
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 23
---
, although a minimum amount may be established to be allocated to each fund. In
certain instances, fees and expenses will be allocated only to those funds that are discussed at a given meeting.

The Funds do not have retirement or pension plans.
Certain Nuveen funds (the “Participating Funds”) participate in a deferred compensation plan (the “Deferred Compensation Plan”) that permits an Independent Board Member to elect to defer receipt of all or a portion of his or her
compensation as an Independent Board Member. The deferred compensation of a participating Independent Board Member is credited to a book reserve account of the Participating Fund when the compensation would otherwise have been paid to such
Independent Board Member. The value of an Independent Board Member’s deferral account at any time is equal to the value that the account would have had if contributions to the account had been invested and reinvested in shares of one or more of
the eligible Nuveen funds. At the time for commencing distributions from an Independent Board Member’s deferral account, the Independent Board Member may elect to receive distributions in a lump sum or over a period of two to 20 years. The
Participating Fund will not be liable for any other fund’s obligations to make distributions under the Deferred Compensation Plan.

Effective January 1,
2024, for Core Plus Impact, Multi-Asset Income, Multi-Market Income, Real Asset and Variable Rate Preferred & Income, the Board invited Mr. Boateng and Mr. Forrester and, for Multi-Market Income, Mr. Starr to serve as
consultants to the Board. Each of Mr. Boateng, Mr. Forrester and Mr. Starr serve as a member of the boards of certain other funds in the Fund Complex. For Core Plus Impact, Multi-Asset Income, Real Asset, Multi-Market Income and Rate
Variable Preferred & Income, Mr. Boateng and Mr. Forrester and, for Multi-Market Income, Mr. Starr, are compensated by the Fund(s) pursuant to a consulting agreement.

The Funds have no employees. The officers of the Funds serve without any compensation from the Funds. The Funds’ Chief Compliance Officer’s (“CCO”)
compensation, which is composed of base salary and incentive compensation, is paid by the Adviser, with review and input by the Board. The Funds reimburse the Adviser for an allocable portion of the Adviser’s cost of the CCO’s incentive
compensation.

26

The table below shows, for each Independent