Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 96

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 96
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 accountability; (ii) successful leadership experience and strong business acumen; (iii) forward-looking, strategic focus;
(iv) collegiality; (v) independence and absence of conflicts of interests; and (vi) ability to devote necessary time to meet Director
responsibilities. The N&CG Committee does not have a policy with regard to considering diversity when identifying candidates for
election, but would expect to consider racial, gender and professional experience diversity when identifying future candidates. The N&CG
Committee will ultimately recommend nominees that it believes will enhance the Board’s ability to effectively oversee, in an effective
manner, the affairs and business of the Fund. The N&CG Committee will consider and evaluate stockholder-recommended candidates by
applying the same criteria used to evaluate director-recommended candidates. The deadline for submitting a stockholder proposal for inclusion
in the Fund’s proxy statement and proxy for the Fund’s 2026 annual meeting of stockholders pursuant to Rule 14a-8 promulgated
under the Securities Exchange Act of 1934, as amended, is October 28, 2025. Stockholders wishing to submit proposals or director nominations
that are to be included in such proxy statement and proxy must have delivered notice to the Secretary at the principal executive offices
of the Fund not later than the close of business on October 28, 2025. Stockholders are also advised to review the Fund’s By-laws,
which contain additional requirements with respect to advance notice of stockholder proposals and director nominations. The N&CG
Committee convened four (4) times during the 2024 calendar year.

BOARD’S ROLE IN RISK OVERSIGHT OF THE FUND

The Board oversees risk management for the Fund directly
and, as to certain matters, through its Audit and N&CG Committees. The Board exercises its oversight in this regard primarily through
requesting and receiving reports from and otherwise working with the Fund’s senior officers (including the Fund’s Chief Compliance
Officer), portfolio management personnel of the Investment Adviser, the Fund’s independent auditors, legal counsel and personnel
from the Fund’s other service providers. At its regular quarterly meetings, the Board receives a report regarding risks applicable
to the Fund presented by the Investment Adviser and the Chief Compliance Officer. The Board has adopted, on behalf of the Fund, and periodically
reviews with the assistance of the Fund’s Chief Compliance Officer, policies and procedures designed to address certain risks associated
with the Fund’s activities. In