Faith Colish, Counsel to Carter Ledyard & Milburn LLP, has served as an independent director/trustee of the Neuberger Berman family of funds for over 30 years. During that time, she twice won the Fund Directions Trustee of the Year award and, in 2016, its Lifetime Achievement Award and admission to the Fund Directions Hall of Fame for her services as an independent director. Her term as an independent trustee of the Neuberger Berman open-end funds expired at the end of 2016 and she has now assumed the newly-created position of Special Regulatory Consultant to the boards of those funds. In this capacity, she will continue to monitor legal and regulatory developments and advise and assist board members in navigating the changing regulatory environment. Ms. Colish continues to serve as a director of all of the Neuberger Berman closed-end funds.