Energy Fuels (EFR) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for August 7, 2025, at the principal office in Boston, MA, for five Eaton Vance funds.

• Main agenda is the election of Class I Trustees for each fund; proxy materials are available online.

• Record date for voting eligibility is May 27, 2025; shareholders are urged to return proxy cards promptly.

• Each fund will vote separately, and meetings will be held concurrently.

Voting matters and shareholder proposals

• Election of Trustees is the sole proposal; nominees are current Trustees consenting to continue service.

• Shareholders may also act on any other matters properly brought before the meeting.

• Shareholder proposals for the 2026 meeting must be received by February 23, 2026, for inclusion.

Board of directors and corporate governance

• Board consists of ten noninterested Trustees, all with significant industry experience and diverse backgrounds.

• Trustees serve staggered three-year terms; retirement policy requires resignation at age 76 or after 20 years.

• Board has six standing committees: Audit, Contract Review, Portfolio Management, Compliance, Closed-End Fund, and Governance.

• Board and committees met regularly in 2024, with all Trustees attending at least 75% of meetings.

• Governance Committee considers diversity in skills and backgrounds when evaluating candidates.