DEFA14A: Tortoise Funds Issue Proxy Statement Supplement to Correct Director Nominee Omissions

Tortoise Energy Infrastructure Corporation and Tortoise Sustainable and Social Impact Term Fund filed a supplement to their definitive proxy statement to correct typographical errors regarding director nominee Andrew J. Iseman.

Summary

• Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Sustainable and Social Impact Term Fund (TEAF) filed a supplement to their definitive proxy statement for the combined 2025 annual meeting of stockholders.
• The supplement's sole purpose is to correct two typographical errors that resulted in inadvertent omissions of references to director nominee Andrew J. Iseman.
• The first correction is on page (ii) of the Proxy Statement, clarifying that shares represented by a validly executed proxy card without specific voting instructions will be voted FOR the election of director nominees Thomas Florence, Alexandra A. Herger, and Andrew J. Iseman (Proposal 1), and FOR the ratification and appointment of Tait, Weller & Baker LLP as the independent registered public accounting firm for its fiscal year ended November 30, 2025 (Proposal 2).
• The second correction is on page 15, under 'BOARD RECOMMENDATION' for Proposal One, explicitly stating that the Board of Directors of TYG unanimously recommends common stockholders vote for Alexandra Herger and Andrew Iseman, and preferred stockholders vote for Thomas Florence, Alexandra Herger, and Andrew Iseman.
• The Board of Directors of TEAF unanimously recommends common stockholders vote for Thomas Florence, Alexandra Herger, and Andrew Iseman as directors.
• All other information set forth in the original Proxy Statement remains unchanged, and stockholders who have already voted their shares for the Annual Meeting do not need to take any further action.

Sentiment

Score: 5

Explanation: The document is neutral, serving solely to correct typographical errors in a previously filed proxy statement, with no impact on financial performance or strategic direction.

Future Outlook

The document clarifies voting procedures and board recommendations for the upcoming Annual Meeting of Stockholders on August 14, 2025, ensuring accurate representation of director nominees.

Industry Context

This filing is a standard procedural correction common in the financial industry to ensure accuracy in shareholder communications, particularly for investment funds like those managed by Tortoise.

Stakeholder Impact

• Shareholders: Provides corrected and clarified information regarding director nominees and proxy voting, ensuring accurate understanding of the board's recommendations and default voting procedures.

Next Steps

• The Annual Meeting of Stockholders for Tortoise Energy Infrastructure Corporation and Tortoise Sustainable and Social Impact Term Fund is scheduled for August 14, 2025.
• Stockholders who have already voted their shares for the Annual Meeting do not need to take any further action.

Key Dates

Keywords

Tortoise Energy Infrastructure Corporation, Tortoise Sustainable and Social Impact Term Fund, TYG, TEAF, SEC Filing, Proxy Statement, Annual Meeting, Director Nominee, Andrew J. Iseman, Corporate Governance, Shareholder Vote