Company: RNP
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049819
Chunk: 111

Company: COHEN & STEERS REIT & PREFERRED & INCOME FUND INC
Filing Date: 2025-03-07
Form: N-CSR
Chunk 111
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 taking into account management’s efforts to pursue other alternatives, appraisal value of the assets, and the compensation plan for executives
managing the liquidation.

Issuance of Debt (non-U.S.). Cohen & Steers evaluates
these proposals on a case-by-case basis. Reasons for increased bank borrowing powers are numerous and varied, including allowing for normal growth of the company, the
financing of acquisitions, and allowing increased financial leverage. Management may also attempt to borrow as part of a takeover defense. Cohen & Steers generally votes in favor of proposals that will enhance a company’s long-term
prospects. Cohen & Steers votes against any uncapped or poorly-defined increase in bank borrowing powers or borrowing limits, issuances that would result in the company reaching an unacceptable level of financial leverage or a material
reduction in shareholder value, or where such borrowing is expressly intended as part of a takeover defense.

Ratification of Auditors

Cohen & Steers generally votes for proposals to ratify auditors, auditor remuneration and/or proposals authorizing the board to fix
audit fees, unless:

| • |     | an auditor has a financial interest in or association with the company, and is therefore not independent; |

| • |     | there is reason to believe that the independent auditor has rendered an opinion that is neither accurate nor 
 indicative of the company’s financial position;                                                              |

| • |     | the name of the proposed auditor and/or fees paid to the audit firm are not disclosed by the company prior to 
 the meeting;                                                                                                  |

| • |     | the auditors are being changed without explanation; or |

| • |     | fees paid for non-audit related services are excessive and/or exceed                      
 fees paid for audit services or limits set by local best practice recommendations or law. |

Where fees for non-audit services include fees related to significant one-time capital structure events, initial public offerings, bankruptcy emergence, and spinoffs, and the company makes
public disclosure of the amount and nature of those fees, then such fees may be excluded from the non-audit fees considered in determining whether non-audit related fees
are excessive.

Auditor Rotation

Cohen & Steers evaluates auditor rotation proposals on a
case-by-case basis taking into account the following factors: the tenure of the audit firm; establishment and disclosure of a review process whereby the auditor is
regularly evaluated for both audit quality and competitive pricing; length of the rotation period advocated in the proposal; and any significant audit related