Company: MYI
Filing Date: 2025-08-08
Form Type: PRE 14A
Source: 0001193125-25-176952
Chunk: 19

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-08-08
Form: PRE 14A
Chunk 19
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 shareholders arising out of or in connection with the Reorganizations ( e.g., expenses incurred by the shareholder as a result of attending the Special Meeting, voting on the Reorganizations or other action taken by the shareholder in connection with the Reorganizations).

| Q: | What shareholder approvals are required to complete the Reorganizations? |

| A: | The MVT Reorganization is contingent upon the following approvals: |

| 1. | The approval of the MVT Reorganization Agreement and the transactions contemplated therein, including the                                                                   
 termination of MVT’s registration under the 1940 Act and the dissolution of MVT under Maryland law, by MVT’s common shareholders and VMTP Holders voting as a single class; |

| 2. | The approval of the MVT Reorganization Agreement and the transactions contemplated therein, including the                                             
 termination of MVT’s registration under the 1940 Act and the dissolution of MVT under Maryland law, by MVT’s VMTP Holders voting as a separate class; |

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| 3. | The approval of the MVT Reorganization Agreement and the transactions contemplated therein, including the                                                                         
 amendments to MYI Articles Supplementary in connection with the issuance of additional Acquiring Fund VRDP Shares, by Acquiring Fund VRDP Holders voting as a separate class; and |

| 4. | The approval of the Issuance with respect to the MVT Reorganization by the Acquiring Fund’s common 
 shareholders and Acquiring Fund VRDP Holders voting as a single class.                             |

The MIY Reorganization is contingent upon the following approvals:

| 1. | The approval of the MIY Reorganization Agreement and the transactions contemplated therein, including the                                                                   
 termination of MIY’s registration under the 1940 Act and the dissolution of MIY under Maryland law, by MIY’s common shareholders and VRDP Holders voting as a single class; |

| 2. | The approval of the MIY Reorganization Agreement and the transactions contemplated therein, including the                                             
 termination of MIY’s registration under the 1940 Act and the dissolution of MIY under Maryland law, by MIY’s VRDP Holders voting as a separate class; |

| 3. | The approval of the MIY Reorganization Agreement and the transactions contemplated therein, including the                                                                        
 amendment to MYI Articles Supplementary in connection with the issuance of additional Acquiring Fund VRDP Shares, by Acquiring Fund VRDP Holders voting as a separate class; and |

|