On September 8, 2020, Saba Capital Management, L.P. may engages in discussions with management of Nuveen Floating Rate Income Opportunity Fund, the board of trustees, other shareholders of the Company and other relevant parties, including representatives of any of the foregoing, concerning Saba Capital' investment in the common shares and the Company, including, without limitation, matters concerning the Company's business, operations, board appointments, governance, performance, management, capitalization, trading of the common shares at a discount to the Company's net asset value and strategic plans and matters relating to the open or closed end nature of the Company and timing of any potential liquidation of the Company.