Company: MYI
Filing Date: 2025-07-16
Form Type: N-14 8C
Source: 0001193125-25-159991
Chunk: 454

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-16
Form: N-14 8C
Chunk 454
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 shareholder proponent or dissident shareholder) and BlackRock, BlackRock’s affiliates, a Fund or a Fund’s affiliates, or BlackRock employees. The following are examples of sources of perceived or potential conflicts of interest:

| • |     | BlackRock clients who may be issuers of securities or proponents of shareholder resolutions |

| • |     | BlackRock business partners or third parties who may be issuers of securities or proponents of shareholder 
 resolutions                                                                                                |

| • |     | BlackRock employees who may sit on the boards of public companies held in Funds managed by BlackRock |

| • |     | Significant BlackRock, Inc. investors who may be issuers of securities held in Funds managed by BlackRock |

| • |     | Securities of BlackRock, Inc. or BlackRock investment funds held in Funds managed by BlackRock |

| • |     | BlackRock, Inc. board members who serve as senior executives or directors of public companies held in Funds 
 managed by BlackRock                                                                                        |

BlackRock has taken certain steps to mitigate perceived or potential conflicts including, but not limited to, the following:

| • |     | Adopted the Guidelines which are designed to advance our clients’ long-term economic interests in the 
 companies in which BlackRock invests on their behalf                                                  |

| • |     | Established a reporting structure that separates BAIS from employees with sales, vendor management, or business                                                                                                                                        
 partnership roles. In addition, BlackRock seeks to ensure that all engagements with corporate issuers, dissident shareholders or shareholder proponents are managed consistently and without regard to BlackRock’s relationship with such parties.     
 Clients or business partners are not given special treatment or differentiated access. BAIS prioritizes engagements based on factors including, but not limited to, our need for additional information to make a voting decision or our view on the   
 likelihood that an engagement could lead to positive outcome(s) over time for the economic value of the company. Within the normal course of business, BAIS may engage directly with BlackRock clients, business partners and/or third parties, and/or 
 with employees with sales, vendor management, or business partnership roles, in discussions regarding our approach to stewardship,                                                                                                                     |

B-22

| general corporate governance matters, client reporting needs, and/or to otherwise ensure that proxy-related client service levels are met |

| • |     | Determined to engage, in certain instances, an independent third-party voting service provider to make proxy                                                                                                                                        
 voting recommendations as a further safeguard to avoid potential conflicts of interest, to satisfy regulatory