Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 21

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 21
---
 the Fund’s Declaration of Trust and By-Laws in the event such shareholders were nominating
such trustee candidate for election on their own.

The
shareholder recommendation and information described above must be sent to the Fund’s Secretary, c/o Gabelli Funds, LLC, One Corporate
Center, Rye, NY 10580-1422, and must be received by the Secretary not less than 120 days prior to the anniversary date of the Fund’s
most recent annual meeting of shareholders or, if the meeting has moved by more than 30 days, a reasonable amount of time before the
meeting.

The
Nominating Committee believes that the minimum qualifications for serving as a Trustee of the Fund are that the individual demonstrate,
by significant accomplishment in his or her field, an ability to make a meaningful contribution to the Board of Trustees’ oversight
of the business and affairs of the Fund and have an impeccable record

| 11 |

and reputation
for honest and ethical conduct in both his or her professional and personal activities. In addition, the Nominating Committee examines
a candidate’s specific experiences and skills, time availability in light of other commitments, potential conflicts of interest,
and independence from management and the Fund. The Fund has adopted specific Trustee qualification requirements that can be found in
the Fund’s governing documents and are applicable to all individuals who may be nominated, elected, appointed, qualified or seated
to serve as Trustees. The qualification requirements include: (i) age limits (at least 21 years of age and such maximum age as the Trustees
may in the future determine); (ii) prohibitions regarding any legal disability; (iii) limits on service on other boards; (iv) restrictions
on relationships with investment advisers other than the Fund’s adviser; and (v) character and fitness requirements. Additionally,
each Independent Trustee must not be an “interested person” of the Fund as defined under Section 2(a)(19) of
the 1940 Act and may not be or have certain relationships with a shareholder beneficially owning five percent or more of the Fund’s
outstanding shares or specified levels of interest in registered investment companies. The Fund’s By-Laws also provide that a majority
of the Trustees then in office may determine by resolution that a failure to satisfy a particular qualification requirement will not
present undue conflicts or impede the ability of the candidate to discharge the duties of a Trustee or the free flow of information among
Trustees or between the Fund’s adviser and the Board