Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 118

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 118
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 to the
Fund’s Amended and Restated By-Laws, the Fund will indemnify, to the fullest extent permitted by the Maryland General Corporation
Law (the “MGCL”) and the 1940 Act, every person who is, or has been, a director or officer of the Fund against liability
and all expenses reasonably incurred or paid by him in connection with a claim, action, suit or proceeding in which he becomes involved
by virtue of being a director or officer of the Fund and amounts paid or incurred in settlement of such claim, action, suit or proceeding.
The Fund may also indemnify its employees and agents and make advances to them for reasonable expenses to the extent permitted by the
MGCL, the 1933 Act and the 1940 Act.

The Fund’s Prospectus and this SAI do not contain
all of the information set forth in the Registration Statement that the Fund has filed with the SEC. The complete Registration Statement
may be obtained as described on the cover page of this SAI.

<div align='center'>INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

Cohen & Company, Ltd. is the independent
registered public accounting firm for the Fund and provides audit services and tax return preparation.

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