Company: MMU
Filing Date: 2025-09-16
Form Type: DEF 14A
Source: 0001193125-25-204747
Chunk: 15

Company: WESTERN ASSET MANAGED MUNICIPALS FUND INC.
Filing Date: 2025-09-16
Form: DEF 14A
Chunk 15
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 serve, and willing and able to commit the time necessary for the performance of the 
 duties of a Director of the Fund;                                                                                           |

14

| • |     | the contribution which the person can make to the Board and the Fund (or, if the person has previously served as a Director                                                                                                                
 of the Fund, the contribution which the person made to the Board during his or her previous term of service), with consideration being given to the person’s business and professional experience, education and such other factors as the 
 Committee may consider relevant;                                                                                                                                                                                                           |

| • |     | the character and integrity of the person; and |

| • |     | whether or not the selection and nomination of the person would be consistent with the requirements of the Fund’s 
 retirement policies.                                                                                              |

Further, the Fund has adopted Director qualification requirements which can be found in the Fund’s bylaws and are applicable to all Directors that may be nominated or elected to serve as Directors, unless a majority of the Board of Directors then in office determine by resolution that failure to satisfy a particular qualification requirement will not present undue conflicts or impede the ability of the individual to discharge the duties of a Director or the free flow of information among Directors or between FTFA and the Board of Directors. The qualification requirements include: (i) experience requirements; (ii) limits on service on other boards; and (iii) character and fitness requirements. The Nominating Committee, in its sole discretion, determines whether an individual satisfies these qualifications. The Nominating Committee does not have a formal diversity policy with regard to the consideration of diversity in identifying potential director nominees but may consider diversity of professional experience, education and skills when evaluating potential nominees for Board membership. Pricing and Valuation Committee The Fund’s Pricing and Valuation Committee is composed of all of the Independent Directors. The members of the Pricing and Valuation Committee are Mses. Colman, Kamerick, Kumar and Sale and Messrs. Agdern, Grillo and Mason. Ms. Colman serves as Chair of the Fund’s Pricing and Valuation Committee. The principal function of the Pricing and Valuation Committee is to assist the Board with its oversight of the process for valuing portfolio securities in light of applicable law, regulatory guidance and applicable policies and procedures adopted by the Fund. The Pricing and Valuation Committee met four times during the fiscal year ended May 31, 2025. Compensation Committee The Fund’s Compensation Committee is composed of all of the Independent Directors. The members of the Compensation Committee are