Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 95

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 95
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, Rogers and Strauss and Ms. Malzahn, all of whom
are Directors who are not interested persons of the Fund, as such term is defined in Section 2(a)(19) of the Investment Company Act.
The Audit Committee has a written charter. The principal functions of the Audit Committee include but are not limited to, (i) the oversight
of the accounting and financial reporting processes of the Fund and its internal control over financial reporting; (ii) the oversight
of the quality and integrity of the Fund’s financial statements and the independent audit thereof; and (iii) the approval, prior
to the engagement of, the Fund’s independent registered public accounting firm and, in connection therewith, to review and evaluate
the qualifications, independence and performance of the Fund’s independent registered public accounting firm. The Audit Committee
convened four (4) times during the 2024 calendar year.

| B-11 |

The Board has determined that Mr. Maresca is an Audit
Committee Financial Expert, as such term is defined in Section 407 of the Sarbanes-Oxley Act of 2002.

THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE

The Fund has a standing Nominating and Corporate
Governance Committee (the “N&CG Committee”), which is currently comprised of Messrs. Dean, Greer, Maresca, Morris, Rogers
and Strauss and Ms. Malzahn, all of whom are Independent Directors. The N&CG Committee has a written charter. In addition to its
responsibility to oversee the corporate governance of the Fund, the N&CG Committee’s principal function is to identify and
select qualified candidates for the Board who have exhibited strong decision-making ability, substantial business experience, relevant
knowledge of the investment company industry (including closed-end funds), skills or technological expertise and exemplary personal integrity
and reputation. In addition, the N&CG Committee seeks candidates that have experience and knowledge involving all of the service
providers of a registered investment company.

The N&CG Committee will consider all nominees
recommended by stockholders of the Fund, so long as stockholders send their recommendations in writing to the Secretary of the Fund in
a manner consistent with the Fund’s By-laws. Specifically, the N&CG Committee assesses all director nominees taking into account
several factors, including, but not limited to, issues such as the current needs of the Board and the nominee’s: (i) integrity,
honesty, and