Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 11

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 11
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 or may not permit them to vote your shares without instruction.
Therefore, you are encouraged to contact your broker-dealer and record your voting instructions.

| ● | Why does this Proxy Statement list multiple Funds? |

The Funds have similar proposals and it
is cost-efficient to have a joint Proxy Statement and joint Annual Meeting. In the event that any shareholder present at the Annual Meeting
objects to the holding of a joint meeting and moves for the adjournment of his or her Fund’s meeting to a time immediately after
the Annual Meeting so that each Fund’s meeting may be held separately, the persons named as proxies will vote in favor of such adjournment.
The quorum requirements for the Funds are independent. The failure of a Fund to achieve a quorum may result in an adjournment of such
Fund’s Annual Meeting but will not impact the ability of the other Fund to proceed with its Annual Meeting if such Fund achieves
a quorum. Shareholders of each Fund will vote separately on the respective proposal relating to their Fund. In any event, an unfavorable
vote on any proposal by the shareholders of one Fund will not affect the implementation of such proposal by the other Fund if the proposal
is approved by the shareholders of that Fund.

| 4 |

| ● | How many shares of each Fund were outstanding as of the record date? |

At the close of business on March 18,
2025, the Funds had the following common shares outstanding:

| Fund |     | Number of Common Shares Outstanding |
| SRV  |     | [ ]                                 |
| NXG  |     | [ ]                                 |

| 5 |

PROPOSAL #1: ELECTION OF TRUSTEES

The rules of the NYSE require
each Fund to hold an annual meeting of shareholders to elect Trustees each fiscal year. Shareholders of the Funds are being asked to elect
Trustees in the following manner:

| (c) | With respect to SRV: To elect the Class III Trustee nominee named in this Proxy Statement, Mr. John            
 Musgrave, to hold office until SRV’s 2028 annual meeting or until his successor is elected and duly qualified. |

| (a) | With respect to NXG: To elect the Class I Trustee nominees named in this Proxy Statement, Mr. Brian                             
 R. Bruce and Mr. John Musgrave, to hold office until NXG’s 2027 annual meeting or until their respective successors are elected 
 and duly qualified.                                                                                                             |

Composition of the