Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 18

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 18
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 with an appropriate range of skills and diversity, including, as appropriate,
differences in background, professional experience, education, vocations, and other individual characteristics and traits in the aggregate.
Each Trustee must meet certain basic requirements, including relevant skills and experience, time availability, and, if qualifying as
an Independent Trustee, independence from the Advisor, sub-advisors, underwriters or other principal service providers, including any
affiliates of these entities. In addition, as indicated above, the Qualification Requirements are set forth in the By-Laws.

The Nominating and
Governance Committee unanimously determined to recommend the nomination of (i) James A. Bowen, who has served as the Interested Trustee
to the First Trust Funds since 1999, (ii) Niel B. Nielson, who has served as an Independent Trustee to the First Trust Funds since 1999,
and (iii) Bronwyn Wright, who, following a thorough selection process by the Independent Trustees, has served as an Independent Trustee
to the First Trust Funds (other than FTETF) since being appointed to the Board of such First Trust Funds in 2023. The Board received and
reviewed the recommendation of the Nominating and Governance Committee and unanimously determined to nominate Mr. Bowen, Mr. Nielson and
Ms. Wright for election as Class III Trustees by shareholders of each Fund for a three-year term.

Listed below for each
nominee and each continuing Trustee are the experiences, qualifications and attributes that led to the conclusion, as of the date of this
Joint Proxy Statement, that each nominee and each continuing Trustee should serve as a Trustee.

Nominees

Interested Trustee

James A. Bowen is
the Chairman of the Board of the First Trust Funds and Chief Executive Officer of First Trust Advisors and First Trust Portfolios L.P.
Until January 23, 2012, he served as President and Chief Executive Officer of the First Trust Funds. Mr. Bowen also serves on the
Executive Committee. He has over 41 years of experience in the investment company business in sales, sales management and executive management.
Mr. Bowen has served as a Trustee of each Fund since its inception and of the First Trust Funds since 1999.

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Independent Trustees

Niel B. Nielson, Ph.D.,
has been the Senior Advisor of Pelita Harapan Educational Foundation, a global provider of educational products and