Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 20

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 20
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 The Fund has certified that each member of the Audit
Committee is able to read and understand fundamental financial statements, including those of the Fund. Mr. Enright has been designated
as the Fund’s audit committee financial expert, as defined in Items 407(d)(5)(ii) and (iii) of Regulation S-K (the “Audit
Committee Financial Expert”).

Nominating Committee

The
Board of Trustees has a Nominating Committee composed of three Independent Trustees, Messrs. Enright (Chairman), Melarkey, and Zizza.
Each Nominating Committee Member is an Independent Trustee as determined under guidelines of NYSE American LLC (the “NYSE
American”). The Nominating Committee met two times during the fiscal year ended December 31, 2024. The Nominating Committee
is responsible for identifying and recommending qualified candidates to the Board in the event that a position is vacated or created.
In considering candidates submitted by shareholders, the Nominating Committee will take into consideration the needs of the Board, the
qualifications of the candidate, and the interests of shareholders. The Nominating 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 recommend a candidate for consideration
by the Nominating Committee, a shareholder must submit the recommendation in writing and must include the following information in addition
to any information required by the Fund’s By-Laws:

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

| • | The                                                                                        
 name of the candidate, the candidate’s resume or a listing of his or her qualifications    
 to be a Trustee of the Fund, and the person’s consent to be named as a Trustee if selected 
 by the Nominating Committee and nominated by the Board of Trustees; and                    |

| • | If                                                                                     
 requested by the Nominating Committee, a completed and signed trustee’s questionnaire. |

In
addition, the Nominating Committee may request any additional information it deems necessary, relevant or desirable to discharge its
responsibility to review the qualifications, skills, qualities and other relevant factors of any trustee nominee recommended by a shareholder,
and shareholders recommending a trustee candidate for nomination by the Nominating Committee are encouraged to provide all other information
that would be required to be submitted under