Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 5

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 5
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 vote the Shares represented thereby for the election of such nominee or may indicate
that authority to vote for the election of such nominee is withheld (a “withheld vote”). If the enclosed proxy card
is properly executed and returned in time to be voted at the Meeting, the Shares represented thereby will be voted, or the vote withheld,
in accordance with the instructions marked thereon, or, if no instructions are marked thereon, will be voted in the discretion of the
persons named on the proxy card. Accordingly, unless instructions to the contrary are marked thereon, a properly executed and returned
proxy will be voted FOR the election of the specified nominees as the Class III Trustees and at the discretion of the named
proxies on any other matters that may properly come before the Meeting, as deemed appropriate. Any shareholder who has given a proxy has
the right to revoke it at any time prior to its exercise by (i) attending the Meeting and voting in person; (ii) timely submitting a revocation
of a prior proxy to (a) the applicable Fund’s Secretary, W. Scott Jardine, at 120 East Liberty Drive, Suite 400, Wheaton, Illinois
60187 or (b) if the Shares are held in “street name,” to the applicable broker-dealer; or (iii) timely submitting a later-dated
proxy to the applicable Fund. With respect to each Fund, a list of shareholders of record entitled to notice of the Meeting will be available
at the Advisor’s Wheaton, Illinois offices, located at 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187, for inspection
by any shareholder during regular business hours beginning on the second business day after notice is given of the Meeting, subject to
restrictions that may be imposed on a requesting shareholder on the copying, use or distribution of the information contained in the list.
Shareholders will need to provide advance written notice to the applicable Fund to inspect the list of shareholders and will also need
to show valid identification and proof of Share ownership to be admitted to the Meeting or to inspect the list of shareholders.

Under the by-laws
of each Fund (as amended and restated, the “By-Laws”), a quorum with respect to a matter is constituted by the presence
in person or by proxy of the holders of thirty-three and one-third percent (33-1/3%) of the outstanding Shares entitled to vote on the
matter. For each Fund, for the purposes of establishing whether