Company: NPFD
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-045745
Chunk: 18

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 18
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 the annual meeting of shareholders to be held in 2027, or
until their successors have been duly elected and qualified.

Real Asset. For Real Asset, Board Member Wolff was last elected to the Fund’s Board as a
Class I Board Member at the annual meeting of shareholders held on April 8, 2022, Board Members Lancellotta, Nelson, Toth and Young were last elected to the Fund’s Board at the annual meeting of shareholders held on May 8, 2023,
and Board Members Moschner and Thornton were last elected to the Fund’s Board at the annual meeting of shareholders held on April 6, 2021. The appointment of Board Member Medero was ratified and approved by the initial shareholder of the
Fund on November 16, 2021. Board Members Kenny and Starr were appointed to the Fund’s Board effective January 1, 2024.

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For Real Asset, Board Members Medero, Moschner, Starr and Thornton stood for election at the annual meeting of shareholders
held on May 15, 2024 and subsequently adjourned to May 31, 2024 (Real Asset’s “May 2024 Shareholder Meeting”). Because a quorum was not present at Real Asset’s May 2024 Shareholder Meeting, action could not be taken on
the election of trustees at Real Asset’s May 2024 Shareholder Meeting. As a result, Board Members Medero, Moschner, Starr and Thornton continue to serve a “holdover” term as trustees of Real Asset until their successors have been duly
elected and qualified. If elected at the 2025 Annual Meeting, Board Members Medero, Moschner, Starr and Thornton will serve the remainder of the term of Real Asset’s Class III Board Members with terms expiring at the annual meeting of
shareholders to be held in 2027, or until their successors have been duly elected and qualified.

Variable Rate Preferred& Income. For
Variable Rate Preferred & Income, Board Members Lancellotta, Nelson, Toth and Young were last elected to the Fund’s Board as Class II Board Members at the annual meeting of shareholders held on May 8, 2023, and Board Members
Moschner and Wolff were last elected to the Fund’s Board as Board Members elected by holders of Preferred Shares at the annual meeting of shareholders held on May 8. 2023. The appointment of Board Members Medero and Thornton was ratified
and approved by the initial shareholder of the Fund on