Company: MMU
Filing Date: 2025-07-30
Form Type: N-CSR
Source: 0001133228-25-007762
Chunk: 67

Company: WESTERN ASSET MANAGED MUNICIPALS FUND INC.
Filing Date: 2025-07-30
Form: N-CSR
Chunk 67
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 if Western Asset becomes aware that the applicable Proxy Recipient for an existing client
has changed, the Proxy Recipient for the existing client) are notified at start-up of appropriate routing to Corporate Actions of proxy
materials received and reminded of their responsibility to forward all proxy materials on a timely basis. If Western Asset personnel
other than Corporate Actions receive proxy materials, they should promptly forward the materials to Corporate Actions.

Proxy Voting

Once proxy materials are received by Corporate
Actions, they are forwarded to the Portfolio Compliance Group for coordination and the following actions:

Proxies are reviewed to determine accounts
impacted.

Impacted accounts are checked to confirm
Western Asset voting authority.

Where appropriate, the Regulatory Affairs
Group reviews the issues presented to determine any material conflicts of interest. (See Conflicts of Interest section of these procedures
for further information on determining material conflicts of interest.)

If a material conflict of interest exists,
(i) to the extent reasonably practicable and permitted by applicable law, the client is promptly notified, the conflict is disclosed
and Western Asset obtains the client’s proxy voting instructions, and (ii) to the extent that it is not reasonably practicable
or permitted by applicable law to notify the client and obtain such instructions (e.g., the client is a mutual fund or other commingled
vehicle or is an ERISA plan client), Western Asset seeks voting instructions from an independent third party.

The Portfolio Compliance Group provides
proxy material to the appropriate research analyst or portfolio manager to obtain their recommended vote. Research analysts and portfolio
managers determine votes on a case-by-case basis taking into account the voting guidelines contained in these procedures. For avoidance
of doubt, depending on the best interest of each individual client, Western Asset may vote the same proxy differently for different clients.
The analyst’s or portfolio manager’s basis for their decision is documented and maintained by the Portfolio Compliance Group.

Portfolio Compliance Group votes the proxy
pursuant to the instructions received in (d) or (e) and returns the voted proxy as indicated in the proxy materials.

| Timing |

Western Asset’s Legal and Compliance
Department personnel act in such a manner to ensure that, absent special circumstances, the proxy gathering and proxy voting steps noted
above can be completed before the applicable deadline for returning proxy votes.

| Recordkeeping |

Western Asset maintains records of proxies
voted pursuant to Rule 204-2 of the Advisers Act and ERISA DOL Bulletin 94-2. These records include:

| • | A                                                             
 copy of Western Asset’s