Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 97

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 97
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 addition, the Investment Adviser and the Fund’s other service providers also have adopted
policies, processes and procedures designed to identify, assess and manage certain risks associated with the Fund’s activities,
and the Board receives reports from service providers with respect to the operation of these policies, processes and procedures as required
and/or as the Board deems appropriate. The Board does not believe that a separate Risk Oversight Committee is necessary for effective
risk oversight at this time, but intends to continuously evaluate how it assesses risk and will consider again in the future whether
any changes to their current structure are prudent.

| B-12 |

<div align='center'>CODE OF ETHICS</div>

The Investment Adviser and the Fund have each adopted
a Code of Ethics, pursuant to Section 204A and Rule 204A-1 under the Investment Advisers Act of 1940 and Rule 17j-1 under the 1940 Act,
respectively. Each Code of Ethics applies to the personal investing activities of the Directors, officers and certain employees of the
Fund or the Investment Adviser (“Access Persons”), as applicable. Rule 17j-1 and each Code of Ethics are designed to prevent
unlawful practices in connection with the purchase or sale of securities by Access Persons. Each Code of Ethics permits Access Persons
to trade securities for their own accounts, including securities that may be purchased or held by the Fund, and generally requires them
to report their personal securities transactions and holdings. The Fund’s Code of Ethics is included as an exhibit to the Fund’s
registration statement, which will be on file with the SEC, and available as described on the cover page of this SAI. The Investment
Adviser’s and the Fund’s Codes of Ethics may also be reviewed and copied at the SEC’s Public Reference Room in Washington,
D.C., and information on the operation of the Public Reference Room may be obtained by calling the SEC at (800) SEC-0330. The Codes of
Ethics are also available on the EDGAR Database on the SEC’s website at www.sec.gov, and copies of the Codes of Ethics may be obtained,
after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov, or by writing the SEC’s
Public Reference Section, Washington, D.C. 20549-0102.

<div align='center'>PROXY VOTING PROCEDURES</div>

PROXY VOTING POLICIES AND PROCED