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

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 14
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 of the underwriting syndicate.
Mr. Bowen, Mr. Keith and Mr. Kadlec are members of the Executive Committee. During each Fund’s last fiscal year, the Executive
Committee did not hold any meetings.

Dividend Committee.The Dividend Committee is responsible for assisting the Board in, or assuming the authority and power of the Board with respect to,
the declaration and setting of distributions on the applicable Fund’s Shares. Mr. Keith and Mr. Kadlec are members of the Dividend
Committee. During each Fund’s last fiscal year, the Dividend Committee did not hold any meetings.

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Nominating and Governance Committee.The Nominating and Governance Committee of each Fund is responsible for appointing and nominating persons to
the Board of that Fund. Dr. Erickson, Mr. Kadlec, Ms. Keefe, Mr. Keith, Mr. Nielson and Ms. Wright are members of the Nominating
and Governance Committee, and each is an Independent Trustee who is also an “independent director” within the meaning of the
listing rules of the primary national securities exchange on which the Funds’ shares are listed for trading. The Nominating and
Governance Committee operates under a written charter adopted and approved by the Board, a copy of which is available on the Funds’
website at (go to News & Literature on the applicable Fund’s webpage). The Board has adopted
a mandatory retirement age of 75 for Independent Trustees, beyond which age Independent Trustees are ineligible to serve. The Nominating
and Governance Committee Charter provides that the Committee will not consider new trustee candidates who are 72 years of age or older
or will turn 72 years old during the initial term.

If there is no current
or anticipated vacancy on the Board of a Fund, the Nominating and Governance Committee will not actively seek recommendations for nominations
from other parties, including shareholders of the Fund. If a vacancy on the Board of a Fund occurs or is anticipated to occur and nominations
are sought to fill such vacancy, the Nominating and Governance Committee may seek nominations from those sources it deems appropriate
in its discretion, including shareholders of the applicable Fund. In addition, the Nominating and Governance Committee may retain a search
firm to identify candidates. To submit a recommendation for nomination as a candidate for a position on the Board of a Fund, shareholders
of the applicable Fund should mail such recommendation to W. Scott Jardine,