Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 20

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 20
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 of the Board, develop and make recommendations
to the Board regarding corporate governance matters and practices, and review and make recommendations to the Board with respect to any
compensation to be paid to certain persons including the CCO of the Funds and the Independent Trustees. The Nominating and Corporate Governance
Committee is composed of all of the Independent Trustees: John H. Alban (Chair), Brian R. Bruce and Andrea N. Mullins.

| 10 |

As part of its duties, the Nominating
and Corporate Governance Committee makes recommendations to the full Board with respect to candidates for the Board. The Nominating and
Corporate Governance Committee will consider trustee candidates recommended by shareholders. In considering candidates submitted by shareholders,
the Nominating and Corporate Governance Committee will take into consideration the needs of the Board and the qualifications of the candidate.
The Nominating and Corporate Governance Committee may also take into consideration the number of shares held by the recommending shareholder
and the length of time that such shares have been held. To have a candidate considered by the Nominating and Corporate Governance Committee,
a shareholder must submit the recommendation in writing and must include:

| ● | The name of the shareholder and evidence of the                                                                       
 person’s ownership of shares of a Fund, including the number of shares owned and the length of time of ownership; and |

| ● | The name of the candidate, the candidate’s                                                                                      
 resume or a listing of his or her qualifications to be a Trustee of the Funds and the person’s consent to be named as a Trustee 
 if selected by the Nominating and Corporate Governance Committee and nominated by the Board.                                    |

The shareholder recommendation
and information described above must be sent to the Secretary of the Funds, c/o Cushing Asset Management, LP, 4925 Greenville
Ave., Suite 1310, Dallas, Texas 75206 and must be received by the Secretary not less than 120 days prior to the anniversary date of the
Funds’ most recent annual meeting of shareholders. The Nominating and Corporate Governance Committee believes that the minimum qualifications
for serving as a Trustee of the Funds are that a candidate demonstrates, by significant accomplishment in his or her field, an ability
to make a meaningful contribution to the Board’s oversight of the business and affairs of the Funds and has an impeccable record
and reputation for honest and ethical conduct in both his or her professional and personal activities. In addition, the Nominating and
Corporate Governance Committee examines a candidate’s specific experiences and