Company: NMZ
Filing Date: 2025-09-29
Form Type: N-14 8C
Source: 0001999371-25-014188
Chunk: 142

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-09-29
Form: N-14 8C
Chunk 142
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 “General Information—Shareholders
of the Target Funds and the Acquiring Fund.”

<div align='center'>81</div>

Compensation

Prior to January 1, 2025, Independent Board
Members received a $350,000 annual retainer, plus they received (a) an annual retainer of $30,000 for membership on the Audit Committee
and Compliance, Risk Management and Regulatory Oversight Committee, respectively; (b) an annual retainer of $20,000 for membership
on the Investment Committee; and (c) an annual retainer of $20,000 for membership on the Dividend Committee, Nominating and Governance
Committee and Closed-End Funds Committee, respectively. In addition to the payments described above, the Chair and/or Co-Chair
of the Board received $140,000 annually; the chair and/or co-chair of the Audit Committee and Compliance, Risk Management and Regulatory
Oversight Committee received $30,000 annually; the chair and/or co-chair of the Investment Committee received $20,000 annually;
and the chair and/or co-chair of the Dividend Committee, Nominating and Governance Committee and Closed-End Funds Committee received
$20,000 annually. Independent Board Members were paid either $1,000 or $2,500 for any ad hoc meetings of the Board or its Committees
depending upon the meeting’s length and immediacy. For any special assignment committees, the chair and/or co-chair were
paid a quarterly fee starting at $1,250 and members were paid a quarterly fee starting at $5,000. The annual retainers, fees and
expenses of the Board were allocated among the funds in the Fund Complex in an equitable manner, although a minimum amount may
have been established to be allocated to each fund. In certain instances, fees and expenses were allocated only to those funds
that are discussed at a given meeting.

Effective January 1, 2025, Independent Board
Members receive a $350,000 annual retainer, plus they receive (a) an annual retainer of $35,000 for membership on the Audit Committee
and Compliance, Risk Management and Regulatory Oversight Committee, respectively; (b) an annual retainer of $30,000 for membership
on the Investment Committee; and (c) an annual retainer of $25,000 for membership on the Dividend Committee, Nominating and Governance
Committee and Closed-End Funds Committee, respectively. In addition to the payments described above,