Company: CHY
Filing Date: 2025-02-21
Form Type: N-2ASR
Source: 0001104659-25-016081
Chunk: 157

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-21
Form: N-2ASR
Chunk 157
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 directly or indirectly and whether alone or together with its affiliates and associates, beneficially owns 5% or more of the outstanding shares of any class or series of shares of beneficial interest of the Fund. The 5% holder transactions subject to these special approval requirements are:

| ● | the merger or consolidation of the Fund or any subsidiary of the Fund with or into any Principal Shareholder; |

| ● | the issuance of any securities of the Fund to any Principal Shareholder for cash (other than pursuant to any automatic dividend reinvestment plan); or |

| ● | the sale, lease or exchange to the Fund or any subsidiary of the Fund in exchange for securities of the Fund, of any assets of any Principal Shareholder, except assets having an aggregate fair market value of less than $1,000,000, aggregating for the purpose of such computation all assets sold, leased or exchanged in any series of similar transactions within a 12-month period. |

The Fund may be terminated by the affirmative vote of not less than 75% of the Trustees then in office by written notice to the shareholders. The Fund’s Agreement and Declaration of Trust and By-Laws provide that the Board of Trustees has the power, to the exclusion of shareholders, to make, alter or repeal any of the By-Laws, except for any By-Law that requires a vote of the shareholders to be amended, adopted or repealed by the terms of the Agreement and Declaration of Trust, By-Laws or applicable law. Neither this provision of the Agreement and Declaration of Trust, nor any of the foregoing provisions thereof requiring the affirmative vote of 75% of outstanding shares of the Fund, can be amended or repealed except by the vote of such required number of shares. 86 The Fund’s By-Laws provide that the affirmative vote of a majority of the shares outstanding and entitled to vote shall elect a trustee; provided, that if the Fund’s Agreement and Declaration of Trust or applicable law requires that a trustee be elected by individual series or classes, then the affirmative vote of a majority of the shares outstanding and entitled to vote of that series or class shall elect a trustee. In the case of a failure to elect trustees at a shareholder meeting, the Fund’s Agreement and Declaration of Trust provides that each incumbent Trustee shall hold-over as Trustee until her or she sooner dies, resigns, retires, or is disqualified or removed from office or until the election at an annual meeting and qualification of his or her successor. The Fund’s By-Laws provide that shareholders may only