Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 22

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 22
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, the family of registered investment companies consisted of two funds. |

| 11 |

As of December 31, 2024,
each Trustee or Trustee nominee and officer and the Trustees, Trustee nominees and officers of each Fund as a group owned less than 1%
of the outstanding Shares of each Fund.

Board Meetings

It is the Funds’ policy
to encourage Trustees to attend annual meetings. Six meetings of the Board of NXG and six meetings of the Board of SRV were held
during the fiscal year ended November 30, 2024.

One meeting of the Audit
Committee and two meetings of the Nominating and Corporate Governance Committee were held during the fiscal year ended
November 30, 2024.

During the fiscal year ended November 30,
2024, each Trustee attended all regular meetings of the Board and all meetings of all committees of the Board on which the Trustee served.

Trustee Compensation

The following table provides information
regarding compensation of the Trustees or Trustee nominees of each Fund and for the Fund Complex, each for the fiscal year ended November 30,
2024. Officers of the Funds do not receive any compensation from the Funds. The Trustees do not receive any pension or retirement benefits
from the Fund Complex.

| Trustee               |     |     SRV |     |     NXG |     | Total Paid to Trustees by 
       the Fund Complex(1) |
| Independent Trustees: |     |         |     |         |     |                           |
| Brian R. Bruce        |     | $49,361 |     | $53,639 |     |                  $103,000 |
| Andrea N. Mullins     |     |  46,020 |     |  49,555 |     |                    95,575 |
| John H. Alban         |     |     N/A |     |     N/A |     |                       N/A |
| Interested Trustee:   |     |         |     |         |     |                           |
| John Musgrave         |     |     N/A |     |     N/A |     |                       N/A |

| (1) | The “Fund Complex” includes each registered investment company for which the Adviser serves              
 as investment adviser. As of the date of this proxy statement, there were two funds in the Fund Complex. |

Required Vote

The affirmative vote of a plurality
of the shares present in person or by proxy at the Annual Meeting at which a qu