Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 52

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 52
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and the proposal of business to be considered by stockholders may be made only (1) pursuant to the Fund’s notice of meeting,
(2) by or at the direction of the Board of Directors or (3) 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 procedures of the Bylaws. With respect to special meetings
of stockholders, only the business specified in the Fund’s notice of the meeting may be brought before the meeting. Nominations
of persons for election to the Board of Directors at a special meeting may be made only (1) by or at the direction of the Board
of Directors or (2) provided 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