Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 28

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 28
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 months ended June
30, 2025.

“Householding”

Please
note that only one document (i.e., an annual or semiannual report or set of proxy soliciting materials) may be delivered to two or more
shareholders of the Fund who share an address, unless the Fund has received instructions to the contrary. To request a separate copy
of a document, or for instructions regarding how to request a separate copy of these documents or regarding how to request a single copy
if multiple copies of these documents are received, shareholders should contact the Fund at the address and phone number set forth above.

Delaware Statutory Trust Act – Control
Share Acquisitions

The
Fund is organized as a Delaware statutory trust and thus is subject to the control share acquisition statute contained in Subchapter
III of the Delaware Statutory Trust Act (the “DSTA Control Share Statute”). The DSTA Control Share Statute
applies to any closed-end investment company organized as a Delaware statutory trust and listed on a national securities exchange, such
as the Fund. The DSTA Control Share Statute became automatically applicable to the Fund on August 1, 2022.

The
DSTA Control Share Statute defines “control beneficial interests” (referred to as “control shares” herein) by
reference to a series of voting power thresholds and provides that a holder of control shares acquired in a control share acquisition
has no voting rights under the Delaware Statutory Trust Act (“DSTA”) or the Fund’s Governing Documents
(as used herein, “Governing Documents” means the Fund’s Agreement and Declaration of Trust and By-Laws, together with
any amendments or supplements thereto, including any Statement of Preferences establishing

| 15 |

a series of
preferred shares) with respect to the control shares acquired in the control share acquisition, except to the extent approved by the
Fund’s shareholders by the affirmative vote of two–thirds of all the votes entitled to be cast on the matter, excluding all
interested shares (generally, shares held by the acquiring person and their associates and shares held by Fund insiders).

The
DSTA Control Share Statute provides for a series of voting power thresholds above which shares are considered control shares. Whether
one of these thresholds of voting power is met is determined by aggregating the holdings of the acquiring person as well as those of
his, her or its “associates.” These thresholds are:

| • | 10%                                             
 or more, but less than