Company: WIA
Filing Date: 2025-07-29
Form Type: N-CSRS
Source: 0001133228-25-007660
Chunk: 37

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-07-29
Form: N-CSRS
Chunk 37
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-end fund and does not make a continuous offer of its securities, the Fund’s size was relatively fixed and it would be unlikely that the Advisers would realize economies of scale from the Fund’s growth.

42 Western Asset Inflation-Linked Income Fund

In their deliberations with respect to these matters, the Independent Trustees were advised by their independent counsel, who is independent, within the meaning of the Securities and Exchange Commission rules regarding the independence of counsel, of the Advisers. The Independent Trustees weighed the foregoing matters in light of the advice given to them by their independent counsel as to the law applicable to the review of investment advisory contracts. In arriving at a decision, the Trustees, including the Independent Trustees, did not identify any single matter as all-important or controlling, and each Trustee may have attributed different weight to the various factors in evaluating the Agreements. The foregoing summary does not detail all the matters considered. The Trustees judged the terms and conditions of the Agreements, including the investment advisory fees, in light of all of the surrounding circumstances. Based upon their review, the Trustees, including all of the Independent Trustees, determined, in the exercise of their business judgment, that they were satisfied with the quality of investment advisory services being provided by the Advisers; that the fees to be paid to the Advisers under the Agreements were fair and reasonable given the scope and quality of the services rendered by the Advisers; and that approval of the Agreements was in the best interest of the Fund and its shareholders.

Western Asset Inflation-Linked Income Fund 43

Additional shareholder information (unaudited)

Results of annual meeting of shareholders The Annual Meeting of Shareholders of Western Asset Inflation-Linked Income Fund was held on May 16, 2025 for the purpose of considering and voting upon the proposals presented at the Meeting. The following table provides information concerning the matters voted upon at the Meeting: Election of Trustees

| Nominees            |        FOR |  WITHHELD | ABSTAIN |
| Susan B. Kerley     | 12,178,888 | 9,224,570 |       0 |
| Michael Larson      | 12,362,316 | 9,041,142 |       0 |
| Avedick B. Poladian | 12,153,376 | 9,250,082 |       0 |
| Ronald L. Olson     | 12,178,203 | 9,225,255 |       0 |

At the Meeting, Messrs