Company: VMO
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001193125-25-143555
Chunk: 7

Company: Invesco Municipal Opportunity Trust
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 7
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 and will therefore have the same effect as a
vote “against” the Nominee.

An unfavorable vote for a Nominee by the shareholders of one Fund will not affect
the election of the Nominee by another Fund if the Nominee is approved by the shareholders of the other Fund. An unfavorable vote for a Nominee by the shareholders of a Fund will not affect such Fund’s election of Nominees that receive a
favorable vote. There is no cumulative voting with respect to the election of Trustees or any other matter.

Broker Non-Votes

Broker non-votes arise when shares
are held by brokers or nominees, typically in “street name,” and (i) instructions have not been received from the beneficial owners or persons entitled to vote and (ii) the broker or nominee does not have discretionary voting
power on a particular matter.

Under the rules of the NYSE, brokers may vote in their discretion on the election of
trustees of a closed-end fund. Accordingly, because there are no non-discretionary items to be voted on at the Meeting, the Funds do not anticipate receiving
any broker non-votes. Under the rules of the NYSE, beneficial owners who do not provide proxy instructions or who do not return a proxy card may have their Shares voted by their brokers in favor of the
Election Proposal. Broker-dealers and other financial intermediaries who are not members of the NYSE may be subject to other rules, which may or may not permit them to vote your shares without instruction.

We urge you to provide instructions to your broker or nominee to ensure that your votes may be counted.

Revoking a Proxy

Shareholders who execute proxies may revoke them at any time before they are voted by filing a written notice of revocation
before the Meeting with the respective Fund, by delivering a duly executed proxy bearing a later date, by attending the Meeting and voting in person, by filing a revocation using any electronic, telephonic, computerized or other alternative means,
or by written notice of the death or incapacity of the maker of the proxy received by the Fund prior to the Meeting. Shareholders who wish to vote at the Meeting and who hold their shares in “street name” through a brokerage or similar
account should obtain a “” from their broker in order to vote at the Meeting and follow the instructions detailed above.

4

Adjourning the Meeting

With respect to each Fund, the vote of the holders of one-third of the Shares cast
whether or not a quorum is