Company: NAZ
Filing Date: 2025-04-15
Form Type: N-2/A
Source: 0001999371-25-004231
Chunk: 124

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-04-15
Form: N-2/A
Chunk 124
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 interest directors. Separation of Chairman and Chief Executive Officer General Policy: We will consider supporting shareholder resolutions asking that the roles of chairman and CEO be separated when we believe the company’s board structure and operation has insufficient features of independent board leadership, such as the lack of a lead independent director. In addition, we may also support resolutions on a case-by-case basis where we believe, in practice, that there is not a bona-fide lead independent director acting with robust responsibilities or the company’s ESG practices or business performance suggest a material deficiency in independent influence into the company’s strategy and oversight. Shareholder rights Proxy access General Policy: We will consider on a case-by-casebasis shareholder proposals asking that the company implement a form of proxy access. In making our voting decision, we will consider several factors, including, but not limited to: current performance of the company, minimum filing thresholds, holding periods, number of director nominees that can be elected, existing governance issues and board/management responsiveness to material shareholder concerns. B-2 Ratification of auditor General Policy: We will generally support the board’s choice of auditor and believe that the auditor should be elected annually. However, we will consider voting against the ratification of an audit firm where non-auditfees are excessive, where the firm has been involved in conflict of interest or fraudulent activities in connection with the company’s audit, where there has been a material restatement of financials or where the auditor’s independence is questionable. Supermajority vote requirements General Policy: We will generally support shareholder resolutions asking for the elimination of supermajority vote requirements. Dual-class common stock and unequal voting rights General Policy: We will generally support shareholder resolutions asking for the elimination of dual classes of common stock or other forms of equity with unequal voting rights or special privileges. Right to call a special meeting General Policy: We will generally support shareholder resolutions asking for the right to call a special meeting. However, we believe a 25% ownership level is reasonable and generally would not be supportive of proposals to lower the threshold if it is already at that level. Right to act by written consent General Policy: We will consider on a case-by-casebasis shareholder resolutions requesting the right to act by written consent. Antitakeover devices (poison pills) General Policy: We will consider on a case-by-casebasis proposals relating to the adoption or rescission of antitakeover devices with attention to the following criteria: Whether the company has demonstrated a need for antitakeover protection Whether the provisions of the device are in