Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 52

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 52
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 that a special meeting has been called for the purpose of electing directors, by a stockholder who
was a stockholder of record at the record date for the meeting, at the time of providing notice required by the Fund’s Bylaws
and at the time of the meeting, who is entitled to vote at the meeting and who has complied with the advance notice provisions
of the Bylaws.

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The Fund’s Bylaws
provide that special meetings of stockholders may be called by the Board of Directors and certain of the Fund’s officers.
Additionally, the Fund’s Bylaws provide that, subject to the satisfaction of certain procedural and informational requirements
by the stockholders requesting the meeting, a special meeting of stockholders will be called by the secretary of the Fund upon
the written request of stockholders entitled to cast not less than a majority of all the votes entitled to be cast at such meeting.

On February 16,
2023, the Fund elected, by resolution unanimously adopted by the Board of Directors of the Fund in accordance with Section 3-702(c)(4)
of the MGCL, to be subject to the Maryland Control Share Acquisition Act (the “Control Share Act”), effective immediately.
The Control Share Act only applies to acquisitions of Fund shares on or after February 16, 2023.

Under the MGCL, the
Control Share Act provides that a holder of control shares of a Maryland corporation acquired in a control share acquisition has
no voting rights with respect to those shares except to the extent approved by a vote of two-thirds of the votes entitled to be
cast on the matter. Shares owned by the acquiror, by officers or by directors who are employees of the corporation are excluded
from shares entitled to vote on the matter. Control shares are voting shares of stock which, if aggregated with all other shares
of stock owned by the acquiror or in respect of which the acquiror is able to exercise or direct the exercise of voting power (except
solely by virtue of a revocable proxy), would entitle the acquiror to exercise voting power in electing directors within one of
the following ranges of voting power:

| ● | one-tenth or more but less than one-third; |

| ● | one-third or more but less than a majority; or |

| ● | a majority or more of all voting power. |

The requisite stockholder
approval must be obtained each time an acquiror crosses one of