Company: BLE
Filing Date: 2025-05-22
Form Type: DEF 14A
Source: 0001193125-25-125142
Chunk: 39

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-05-22
Form: DEF 14A
Chunk 39
---
 by the funds in the BlackRock Fixed-Income Complex. The Independent Board Members have agreed that a maximum of 50% of each Independent Board Member’s total compensation paid by funds in the BlackRock Fixed-Income Complex may be deferred pursuant to the BlackRock Fixed-Income Complex’s deferred compensation plan. Under the deferred compensation plan, deferred amounts earn a return for the Independent Board Members as though equivalent dollar amounts had been invested in shares of certain funds in the BlackRock Fixed-Income Complex selected by the Independent Board Members. This has approximately the same economic effect for the Independent Board Members as if they had invested the deferred amounts in such funds in the BlackRock Fixed-Income Complex. The deferred compensation plan is not funded and obligations thereunder represent general unsecured claims against the general assets of a fund and are recorded as a liability for accounting purposes. Prior to January 1, 2024, the Chair of the Boards and the Vice Chair of the Boards were paid an additional annual retainer of $100,000 and $60,000, respectively. The Chairs of the Audit Committee, Performance Oversight Committee, Compliance Committee, and Governance Committee were paid an additional annual retainer of $45,000, $37,500, $45,000 and $37,500, respectively. The following table sets forth the aggregate compensation, including deferred compensation amounts, paid to each Independent Board Member by each Fund during its most recently completed fiscal year and by all BlackRock-advised funds for the most recently completed calendar year. For the number of BlackRock-advised Funds from which each Independent Board Member receives compensation, see the Biographical Information Chart in the discussion of Proposal 1. Messrs. Perlowski and Fairbairn serve without compensation from the Funds because of their affiliation with BlackRock, Inc. and the Advisor. B-1

| Fund |     | Fund’sFiscal YearEnd(1) |     | Cynthia L.Egan(2) |        |     | Frank J.Fabozzi(2)(4) |       |     | Lorenzo A.Flores(2) |        |     | Stayce D.Harris(2) |        |     | J. PhillipHolloman(2) |        |     | R. GlennHubbard(2) |        |     | W. CarlKester(2) |        |     | Catherine A.Lynch(2) |        |     | Arthur P.Steinmetz(2) |        |     | Fund Total |