Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 14

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 14
---
 The Board reviews its role in supervising the Fund’s
risk management from time to time and may make changes at its discretion at any time.

The
Board has determined that its leadership structure is appropriate for the Fund because it enables the Board to exercise informed and
independent judgment over matters under its purview, allocates responsibility among committees in a manner that fosters effective oversight,
and allows the Board to devote appropriate resources to specific issues in a flexible manner as they arise. The Board periodically reviews
its leadership structure as well as its overall structure, composition, and functioning, and may make changes at its discretion at any
time.

Beneficial
Ownership of Shares Held in the Fund and the Family of Investment Companies for each Trustee and Nominee for Election as Trustee

Set
forth in the table below is the dollar range of equity securities in the Fund beneficially owned by each Trustee and nominee for election
as Trustee and the aggregate dollar range of equity securities in the Fund Complex beneficially owned by each Trustee and each nominee
for election as Trustee.

| Name of Trustee/Nominee   |     | Dollar Range of Equity          
 Securities Held in the Fund*(1) |     | Aggregate Dollar Range of Equity      
 Securities Held in the                
 Family of Investment Companies*(1)(2) |
| INDEPENDENT               
 TRUSTEES/NOMINEES:        |     |                                 |     |                                       |
| Calgary Avansino          |     | A                               |     | A                                     |
| James P. Conn             |     | C                               |     | E                                     |
| Vincent D. Enright        |     | B                               |     | E                                     |
| Leslie F. Foley           |     | A                               |     | B                                     |
| Michael J. Melarkey       |     | D                               |     | E                                     |
| Eileen Cheigh Nakamura(3) |     | C                               |     | E                                     |
| Nicolas W. Platt          |     | A                               |     | C                                     |
| Salvatore M. Salibello    |     | A                               |     | E                                     |
| Salvatore                 
 J. Zizza                  |     | A                               |     | E                                     |

| * | Key to Dollar Ranges |

| A. | None |

| B. | $1        
 – $10,000 |

| C. | $10,001   
 – $50,000 |

| D. | $50,001    
 – $100