Company: ETV
Filing Date: 2025-04-29
Form Type: N-2ASR
Source: 0001193125-25-103160
Chunk: 207

Company: Eaton Vance Tax-Managed Buy-Write Opportunities Fund
Filing Date: 2025-04-29
Form: N-2ASR
Chunk 207
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 the Fund. The Adviser shall provide reports to the Board as requested by the Board, the Administrator, the Funds’ Chief Compliance Officer or the Funds’ Chief Legal Officer, including material changes to the Adviser Procedures and material conflicts of interest. The Adviser Procedures, including procedures relating to material conflicts of interest, shall be provided to the Board at least annually. The Adviser also shall report any material changes to the Adviser Procedures to the Fund’s Chief Legal Officer prior to implementing such changes in order to enable the Administrator to effectively coordinate the Fund’s disclosure relating to the Adviser Procedures. The Fund’s Chief Legal Officer shall ensure that the required disclosure relating to the Adviser Procedures is included in the Fund’s registration statement.

| 1 | The Eaton Vance Funds may be organized as trusts or corporations. For ease of reference, the Funds may be referred to herein as Trusts and the Funds’ Board of Trustees or Board of Directors may be referred to collectively herein as the Board. |

| 2 | An Adviser is expected to maintain a process for identifying a potential material conflict of interest. As an example only, such potential conflicts may arise when the issuer is a client of the Adviser and generates a significant amount of fees to the Adviser or the issuer is a distributor of the Adviser’s products. |

| 3 | If a material conflict of interest exists with respect to a particular proxy and the proxy voting procedures of the relevant Adviser require that proxies are to be voted in accordance with the recommendation of a third party proxy voting vendor, the requirements of this Section IV shall only apply if the Adviser intends to vote such proxy in a manner inconsistent with such third party recommendation. |

APPENDIX B Morgan Stanley Investment Management (“MSIM”) Equity Proxy Voting Policy and Procedures April 2025

Contents Introduction A. MSIM Approach to Proxy Voting B. Applicability of Policy Proxy Voting Procedures A. Proprietary Proxy Voting System B. Proxy Services Provided by Third Parties C. Proxy Voting Operations D. Proxy Voting Oversight E. Securities Lending F. Market and Operational Limitations G. Conflicts of Interest H. Proxy Voting Reporting & Recordkeeping I. Review of Policy MSIM Proxy Voting Guidelines A. Board of Directors B. Auditors C. Executive & Director Compensation D. Shareholder Rights and Defenses E. Capital Structure F. Corporate Transactions & Proxy Fights G. Shareholder Proposals

Introduction This Proxy Voting Policy (“Policy”) sets out Morgan Stanley Investment Management’s (“MSIM”) 1approach