Company: EMD
Filing Date: 2025-02-27
Form Type: N-CSR
Source: 0001133228-25-001572
Chunk: 59

Company: WESTERN ASSET EMERGING MARKETS DEBT FUND INC.
Filing Date: 2025-02-27
Form: N-CSR
Chunk 59
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 proposals to adopt fair price provisions. |

| 6. | Other            
 Business Matters |

Western Asset votes for board-approved proposals approving such
routine business matters such as changing the company’s name, ratifying the appointment of auditors and procedural matters relating
to the shareholder meeting.

| a. | Western                                                                                  
 Asset votes on a case-by-case basis on proposals to amend a company’s charter or bylaws. |

| b. | Western                                                                                   
 Asset votes against authorization to transact other unidentified, substantive business at 
 the meeting.                                                                              |

| 7. | Reporting                           
 of Financially Material Information |

Western Asset generally believes issuers should disclose information
that is material to their business. What qualifies as “material” can vary, so votes are cast on a case-by-case basis but
consistent with the overarching principle.

| II. | Shareholder 
 Proposals   |

SEC regulations permit shareholders to submit
proposals for inclusion in a company’s proxy statement. These proposals generally seek to change some aspect of a company’s
corporate governance structure or to change some aspect of its business operations. Western Asset votes in accordance with the recommendation
of the company’s board of directors on all shareholder proposals, except as follows:

| 1. | Western                                                                                     
 Asset votes for shareholder proposals to require shareholder approval of shareholder rights 
 plans.                                                                                      |

| 2. | Western                                                                              
 Asset votes for shareholder proposals that are consistent with Western Asset’s proxy 
 voting guidelines for board-approved proposals.                                      |

| 3. | Western                                                                                        
 Asset votes on a case-by-case basis on other shareholder proposals where the firm is otherwise 
 withholding votes for the entire board of directors.                                           |

Environmental or social issues that are the subject
of a proxy vote will be considered on a case-by-case basis. Constructive proposals that seek to advance the health of the issuer and
the prospect for risk-adjusted returns to Western Assets clients are viewed more favorably than proposals that advance a single issue
or limit the ability of management to meet its operating objectives.

| III. | Voting                         
 Shares of Investment Companies |

Western Asset may utilize shares of open or closed-end
investment companies to implement its investment strategies. Shareholder votes for investment companies that fall within the categories
listed in Parts I and II above are voted in accordance with those guidelines.

| 1. | Western                                                                                           
 Asset votes on a case-by-case basis on proposals relating to changes in the investment objectives 
 of an investment company taking into account the original intent of the fund