Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 26

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 26
---
 and procedures for pre-approval of such services in accordance
with applicable laws, including the delegation of some or all of the Audit Committee’s pre-approval responsibilities to other persons
(other than the Adviser or the Fund’s officers). Pre-approval by the Audit Committee of any permissible non-audit services is not
required so long as: (i) the aggregate amount of all such permissible non-audit services provided to the Fund, the Adviser, and any
Covered Services Provider constitutes not more than 5% of the total amount of revenues paid by the Fund to its independent registered
public accounting firm during the year in which the permissible non-audit services are provided; (ii) the permissible non-audit services
were not recognized by the Fund at the time of the engagement to be non-audit services; and (iii) such services are promptly brought
to the attention of the Audit Committee and approved by the Audit Committee or the Chairman prior to the completion of the audit. All
of the audit, audit related, and tax services described above for which PricewaterhouseCoopers billed the Fund fees for the fiscal year
ended December 31, 2023 and December 31, 2024, were pre-approved by the Audit Committee.

For
the fiscal years ended December 31, 2023 and 2024, PricewaterhouseCoopers has represented to the Fund that it did not provide any non-audit
services (or bill any fees for such services) to the Adviser or any Covered Services Provider.

The
Audit Committee was not required to consider whether the provision of non-audit services that were rendered to the Adviser or Covered
Service Providers that were not pre-approved was compatible with maintaining PricewaterhouseCoopers’ independence.

The Investment Adviser and Administrator

Gabelli
Funds, LLC is the Fund’s Adviser and Administrator and its business address is One Corporate Center, Rye, New York 10580-1422.

| 14 |

Delinquent Section 16(a) Reports

Section
16(a) of the 1934 Act and Section 30(h) of the 1940 Act, and the rules thereunder, require the Fund’s executive officers and Trustees,
executive officers and directors of the Adviser, certain other affiliated persons of the Adviser, and persons who own more than 10% of
a registered class of the Fund’s securities to file reports of ownership and changes in ownership with the SEC and the NY