Company: JPC
Filing Date: 2025-06-10
Form Type: N-14 8C/A
Source: 0001999371-25-007489
Chunk: 71

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-10
Form: N-14 8C/A
Chunk 71
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 capitalization of the Funds as of March 31, 2025, and the pro forma combined equity capitalization of the Acquiring Fund as if the Merger had occurred on that date assuming the completion of the Merger.

Capitalization Table

The table reflects the pro forma exchange ratio of approximately 2.48857446 common shares of the Acquiring Fund issued for each common share of the Target Fund. If the Merger is consummated, the actual exchange ratio may vary.

| Series A Taxable Fund Preferred (TFP)                                                                                      |     | Target Fund |             |   |     | Acquiring 
 Fund      |               |   |     | Pro Forma Adjustments |            |      |     | Acquiring Fund Pro Forma(1) |               |   |
|:---------------------------------------------------------------------------------------------------------------------------|:----|:------------|------------:|:--|:----|:----------|--------------:|:--|:----|:----------------------|-----------:|-----:|:----|:----------------------------|--------------:|:--|
| Shares, $1,000 stated value per share, at liquidation value                                                                |     |             |           — |   |     | $         |   150,000,000 |   |     |                       |          — |      |     | $                           |   150,000,000 |   |
| Series B Taxable Fund Preferred (TFP)                                                                                      |     |             |             |   |     |           |               |   |     |                       |            |      |     |                             |               |   |
| Shares, $1,000 stated value per share, at liquidation value                                                                |     |             |           — |   |     | $         |   270,000,000 |   |     |                       |          — |      |     | $                           |   270,000,000 |   |
| Common Shareholders’ Equity                                                                                                |     |             |             |   |     |           |               |   |     |                       |            |      |     |                             |               |   |
| Common Shares, $0.01 par value per share; 14,112,088 shares                                                                
 outstanding for the Target Fund, 322,260,241 shares outstanding for the Acquiring Fund and 357,379,227  shares outstanding 
 for the Combined Fund Pro Forma                                                                                            |     | $           |     141,121 |   |     | $