Company: MMU
Filing Date: 2025-09-16
Form Type: DEF 14A
Source: 0001193125-25-204747
Chunk: 8

Company: WESTERN ASSET MANAGED MUNICIPALS FUND INC.
Filing Date: 2025-09-16
Form: DEF 14A
Chunk 8
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 named as proxies will vote in their discretion on any other business as may properly come before the meeting or any adjournments or postponements thereof. Any proposal submitted to a vote at the meeting may be voted on either in person or by authorized proxy. Important Notice Regarding the Availability of Proxy Materials for the Meeting to be Held on October 17, 2025 The proxy statement and related materials are available at https://www.proxy-direct.com/fkl-34713 Proposal No. 1: Election of Directors In accordance with the Fund’s charter, the Fund’s Board of Directors is divided into three classes: Class I, Class II and Class III. Under the terms of the Fund’s charter, the holders of Preferred Shares are entitled as a class, to the exclusion of the holders of Common Stock, to elect two Directors of the Fund (the “Preferred Share 4

Directors”). Anthony Grillo and Nisha Kumar have been designated as the Preferred Share Directors. Ms. Kumar is nominated for election at this Meeting. The charter also provides that
the remaining Directors shall be elected by holders of Common Stock and Preferred Shares, voting together as a single class. At the Meeting, the holders of the Fund’s Common Stock and Preferred Shares voting together as a single class will be
asked to elect two Class II Directors, Hillary A. Sale and Eileen A. Kamerick. The terms of office of the Class II Directors expire at the Annual Meetings of Stockholders in the year 2028, or thereafter in each case when their respective
successors are duly elected and qualified. The terms of the remaining Class I and Class III Directors expire at the year 2027 and 2026 Annual Meeting of Shareholders, respectively, or thereafter until their successors have been duly elected and
qualified or until they resign or are otherwise removed. The effect of these staggered terms is to limit the ability of other entities or persons to acquire control of the Fund by delaying the replacement of a majority of the Board.

The persons named in the proxy intend to vote at the Meeting (unless directed not to vote) “FOR” the election of the nominees named below.
Each of the nominees is currently a member of the Fund’s Board of Directors and has indicated that he or she will serve if elected. However, if any nominee should be unable to serve, the proxy will be voted for any other person determined by
the persons named in the proxy in their discretion.

Certain information concerning the nominees is set forth on the following page.

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Persons N