Company: FOF
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-047227
Chunk: 7

Company: Cohen & Steers Closed-End Opportunity Fund, Inc.
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 7
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 Ms. Richards. Each of Messrs. Harvey and
Maginnis and Ms. Richards currently serves as a Director of each of the twenty-three funds within the group of funds registered under the Investment Company Act of 1940, as amended (the “Act”), that are managed by Cohen &
Steers Capital Management, Inc. (the “Cohen & Steers Fund Complex”).

Each Fund’s stockholders, with the exception
of PTA and RLTY, initially elected their Board to staggered terms at the respective Annual Meeting of Stockholders held on:

| Funds 
 FOF   |     | Date of stockholder 
 meeting electing    
 Board of Directors  
 to staggered terms  | April 19, 2007 |
|:------|:----|:--------------------|:---------------|
| RQI   |     |                     | April 24, 2003 |
| RNP   |     |                     | April 29, 2004 |
| RFI   |     |                     | April 27, 1994 |
| UTF   |     |                     | April 28, 2005 |
| PSF   |     |                     | April 28, 2011 |
| LDP   |     |                     | April 25, 2013 |

Under their respective Amended and Restated Declarations of Trust, the Trustees of each of RLTY and PTA
(referred to herein as “Directors” as noted above) were divided into three classes, having staggered terms, commencing on the first date in which the Fund had more than one shareholder (referred to herein as a “stockholder” as
noted above) of record, which was October 28, 2020 for PTA and February 24, 2022 for RLTY.

Accordingly, the term of office of
only a single class of Directors for each Fund will expire at the Meeting. As a result of this system, only those Directors in any one class may be changed in any one year, and it would require two years or more to change a majority of a Fund’s
Board. This system of electing Directors, which may be regarded as an “anti-takeover” provision, may have the effect of limiting the ability to change the composition of a Fund’s Board and, thus, make it more difficult for each
Fund’s stockholders to change a majority of the Directors.

Each Fund’s Board of Directors, as applicable, including the
Independent