Company: RFMZ
Filing Date: 2025-08-26
Form Type: DEF 14A
Source: 0001398344-25-016671
Chunk: 25

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-08-26
Form: DEF 14A
Chunk 25
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er, and each Fund has no employees. In addition, with respect to RIV, RMM, RMMZ, RFM and RFMZ only, the Adviser (not the Fund) is responsible for paying the Director compensation out of its unified management fee. Effective January 1, 2024, the Directors of each Fund receive an annual retainer for their services in the amount of $16,500, and an additional fee of $2,000 for attending each quarterly meeting of the Board and an additional fee of $1,500 for attending each special meeting of the Board. In addition, the lead Independent Director receives an additional $1,333 annually, the Chair of the Audit Committee receives an additional $1,111 annually and the Chair of the Nominating and Corporate Governance Committee receives an additional $750 annually.

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The Directors who are not employed by the Adviser are also reimbursed for all reasonable out-of-pocket expenses relating to attendance at meetings of the Boards. The following table shows compensation with respect to the Funds and the Fund Complex as of each Fund’s fiscal year end. Patrick W. Galley is an interested person of the Funds and employed by the Adviser and does not receive any compensation from the Funds.

| Name                                                  
 of Fund                                               | Fiscal   
 Year End | Independent 
  Directors: 
        John 
   K. Carter |      Lisa 
 B. Mougin |             J. 
 Wayne Hutchens |      David 
 M. Swanson | Interested 
 Directors: 
      Jerry 
    R. Raio |
|:------------------------------------------------------|:---------|------------:|----------:|---------------:|-----------:|-----------:|
| OPP                                                   | June     
 30       |     $25,833 |   $24,500 |        $25,611 |    $25,167 |    $24,500 |
| RIV                                                   | June     
 30       |     $25,833 |   $24,500 |        $25,611 |    $25,167 |    $24,500 |
| RSF                                                   | June     
 30       |     $25,833 |   $24,500 |        $25,611 |    $25,167 |    $24,500 |
| RMI                                                   | June     
 30       |     $25,833 |   $24,500 |        $25,611 |    $25,167 |    $24,500 |
| R