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Table search / Ownership / Puerto Rico Residents Tax-Free Fund III, Inc.

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Puerto Rico Residents Tax-Free Fund III, Inc.

Definitive proxy

The following table sets forth the dollar range of equity securities in the Fund beneficially owned by each Director as of August 31, 2024:

Name of Fund Director	Dollar Range of Equity Securities in the Fund	Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Director in Affiliated Funds(1)
Independent Directors
Enrique Vila del Corral	$0	$0
Carlos Nido	$0	$10,001-$50,000
Clotilde Pérez	$0	$0
Luis M. Pellot	$0	$0
Gabriel Pagán	$0	$1-$10,000
Jorge I. Vallejo	$0	$0
(1) For Messrs. Vila del Corral, Pagán, and Vallejo, the Affiliated Funds consist of the Puerto Rico Residents Family (as defined above). For Messrs. Nido and Pellot and Ms. Perez, the Affiliated Funds consist of the UBS Family of Funds and the Puerto Rico Residents Family of Funds (as defined above).

15 Nov 24

10:25am

Puerto Rico Residents Tax-Free Fund III, Inc.

Definitive proxy

The following table sets forth certain information related to the compensation of the Fund’s directors from the Fund.

Name of Fund Director	Aggregate Compensation from the Fund(1)	Retirement Benefits Accrued as Part of Fund Expenses	Estimated Annual Benefits Upon Retirement	Total Compensation from the Affiliated Funds(2)
Independent Directors
Enrique Vila del Corral	$6,285.72	None	None	$70,000.00
Carlos Nido	$5,142.86	None	None	$108,500.00
Clotilde Pérez	$6,142.86	None	None	$126,000.00
Luis M. Pellot	$5,285.72	None	None	$152,500.00
Gabriel Pagán	$6,142.86	None	None	$49,000.00
Jorge I. Vallejo	$5,142.86	None	None	$65,520.00
(1) Amount for the fiscal year ended August 31, 2024. (2) Amount for the calendar year ended December 31, 2023 and does not include amounts, if any, related to reimbursement for expenses related to attendance at such board meetings or meetings of committees thereof. For Messrs. Pagán Pedrero, Vila del Corral, and Vallejo, the Affiliated Funds consist of the Puerto Rico Residents Family of Funds. For Messrs. Nido and Pellot and Ms. Perez, the Affiliated Funds consist of the UBS Family of Funds and the Puerto Rico Residents Family of Funds

15 Nov 24

10:25am

Puerto Rico Residents Tax-Free Fund III, Inc.

Definitive proxy

The information provided in the table is based on the Fund’s records, information filed with the SEC and information provided to the Fund, except where otherwise noted.

Name of Beneficial Owner	Common Stock Beneficially Owned	Percent of Common Stock Beneficially Owned
Ocean Capital LLC (1)	820,465	8.8%
Officers and Directors: (2)
Leslie Highley Jr.	15,217	*
Enrique Vila del Corral	0	*
Luis M. Pellot	0	*
Carlos Nido	0	*
Gabriel Pagan	0	*
Jorge I. Vallejo	0	*
Clotilde Pérez	0	*
All Officers and Directors as a Group (7 persons)	15,217	*
* Represents beneficial ownership of less than one percent (1%). (1) According to a Schedule 13G filed with the SEC on November 10, 2022, Ocean Capital LLC has shared voting and dispositive power with respect to the 799,866 shares of common stock held by it; and William Heath Hawk has shared voting and dispositive power with respect to 20,599 shares of common stock held in a joint account of Mr. Hawk and his spouse and the 799,866 shares of common stock held by Ocean Capital by virtue of his capacity as managing member of Ocean Capital LLC. The business address of each of Ocean Capital and Mr. Hawk is GAM Tower, 2 Tabonuco St., Suite 200, Guaynabo, Puerto Rico 00968. (2) The address of the Directors and Officers is 270 Munoz Rivera Ave, Suite 1110 San Juan, Puerto Rico 00918, except for Mr. Highley, whose address is UBS Trust Company, 250 Muñoz Rivera Avenue, Tenth Floor, San Juan, Puerto Rico, 00918

15 Nov 24

10:25am

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