Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 82

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 82
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 has accepted his appointment in writing, the trust estate will vest in the new Trustee, together with the continuing
Trustees, without any further act or conveyance, and he will be deemed a Trustee thereunder. The Trustees’ power of appointment
is subject to Section 16(a) of the 1940 Act. Whenever a vacancy in the number of Trustees will occur, until such vacancy is filled
as provided, the Trustees in office, regardless of their number, will have all the powers granted to the Trustees and will discharge all
the duties imposed upon the Trustees by the Declaration of Trust.

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Action by Shareholders

Shareholder action can be taken
only at an annual or special meeting of shareholders or by written consent in lieu of a meeting.

Advance Notice Provisions
for Shareholder Nominations and Shareholder Proposals

The Fund’s By-Laws provide
that with respect to an annual meeting of shareholders, nominations of persons for election to the Board of Trustees and the proposal
of business to be considered by shareholders may be made only (1) pursuant to the Fund’s notice of the meeting, (2) by the Board
of Trustees or (3) by a shareholder of record both at the time of giving of notice and at the time of the annual meeting who is entitled
to vote at the meeting and who has complied with the advance notice procedures of the By-Laws. With respect to special meetings of shareholders,
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 Trustees at a special meeting may be made only (1) pursuant to the Fund’s notice of the meeting, (2) by the Board
of Trustees or (3) provided that the Board of Trustees has determined that Trustees will be elected at the meeting, by a shareholder of
record both at the time of giving of notice and at the time of the annual meeting who is entitled to vote at the meeting and who has complied
with the advance notice provisions of the By-Laws.

Calling of Special Meetings
of Shareholders

The Fund’s By-Laws provide
that special meetings of shareholders may be called at any time by the Chairman, the President or the Trustees of the Fund. By following
certain procedures, a special meeting of shareholders will also be called by the Secretary of the Fund upon the written request of the
Common Shareholders entitled to cast not less than a majority