Company: FCO
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001104659-25-034665
Chunk: 8

Company: ABRDN GLOBAL INCOME FUND, INC.
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 8
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, as applicable.

Proposal 2: Election of FAX Preferred Share Director

FAX's Articles Supplementary provide that the Fund's preferred share Directors be elected by holders of the Fund's preferred stock.

The Board of FAX, including the Independent Directors, upon the recommendation of the Board's Nominating and Corporate Governance Committee, which is composed entirely of Independent Directors, has nominated the following individual for election as preferred share Director to the FAX Board:

Moritz Sell (Preferred Share Director, three-year term ending 2028)

It is the intention of the persons named as proxies on the enclosed Proxy Card(s) to vote "FOR"the election of Mr. Sell to serve as a preferred share Director for a three-year term. The Board knows of no reason why Mr. Sell will be unable to serve, but in the event of any such inability, the proxies received will be voted for such substituted nominee as the Fund's Board may recommend.

Each Board unanimously recommends that shareholders vote "FOR" the nominee as Director.

Proposal 3: Consideration of Continuation of Term for Director under the Corporate Governance Policies

As stated above, the Boards have adopted Corporate Governance Policies which include a policy requiring that after an Independent Director has served on the Board for three consecutive terms of three years following the later of (a) engagement of the existing investment manager of the Fund or (b) the Independent Director's election to the Board, the Independent Director will be put forth for consideration by shareholders annually. Under the Corporate Governance Policies, Independent Directors currently serving on the Boards will be submitted to shareholders for consideration of continuation as a director on an annual basis beginning at the first annual meeting following the end of each such Board member's three-year term in office after the end of such Independent Director's current term.

Each Board, including the Independent Directors, upon the recommendation of the Board's Nominating and Corporate Governance Committee, which is composed entirely of Independent Directors, recommends the continuation of the following individuals put forth for consideration under the Funds' Corporate Governance Policies:

abrdn Asia-Pacific Income Fund, Inc. P. Gerald Malone (Class II Director, 1-year term ending 2026)

abrdn Global Income Fund, Inc. P. Gerald Malone (Class I Director, 1-year term ending 2026)

abrdn Australia Equity Fund, Inc. P. Gerald Malone (Class II Director, 1-year term ending 2026)

If a nominee pursuant to Proposal 3 does not receive the requisite votes, the nominee will be deemed