Company: GDV-PK
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002931
Chunk: 18

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 18
---

Fund’s financial reporting procedures, internal control systems, and the independent audit process.

The members of the Audit Committee
are not, and do not represent themselves to be, professionally engaged in the practice of auditing or accounting and are not employed
by the Fund for accounting, financial management, or internal control purposes. Moreover, the Audit Committee relies on and makes no
independent verification of the facts presented to it or representations made by management or the Fund’s independent registered
public accounting firm. Accordingly, the Audit Committee’s oversight does not provide an independent basis to determine that management
has maintained appropriate accounting and/or financial reporting principles and policies, or internal controls and procedures, designed to assure compliance with accounting standards and applicable laws and regulations. Furthermore,the Audit Committee’s
considerations and discussions referred to above do not provide assurance that the audit of the Fund’s financial statements has
been carried out in accordance with the standards of the PCAOB or that the financial statements are presented in accordance with U.S.
generally accepted accounting principles.

Based on its consideration of the
audited financial statements and the discussions referred to above with management and PricewaterhouseCoopers, and subject to the limitations
on the responsibilities and role of the Audit Committee set forth in the Audit Charter and those discussed above, the Audit Committee
recommended to the Fund’s Board of Trustees that the Fund’s audited financial statements be included in the Fund’s
Annual Report for the fiscal year ended December 31, 2024.

Submitted by the Audit Committee
of the Fund’s Board of Trustees

Salvatore M. Salibello (Chairman)

Frank
J. Fahrenkopf, Jr.

Salvatore J. Zizza

February 6, 2025

The Audit Committee met two times
during the fiscal year ended December 31, 2024. The Audit Committee is composed of three of the Fund’s Independent Trustees, Messrs.
Salibello (Chairman), Fahrenkopf, and Zizza. Each member of the Audit Committee has been determined by the Board of Trustees to be financially
literate. Mr. Salibello has been designated as the Fund’s audit committee financial expert, as defined in Items 407(d)(5)(ii) and
(iii) of Regulation S-K (the “Audit Committee Financial Expert”).

Nominating Committee

The Board of Trustees has a Nominating
Committee composed of three Independent Trustees, Messrs. Colavita (Chairman), Melarkey