Effective March 31, 2024, the Board of Directors of Tortoise Power and Energy Infrastructure Fund, Inc. (the Company) appointed Courtney Gengler to succeed P. Bradley Adams as Chief Executive Officer of the Company, effective as of April 1, 2024. The appointment was made in connection with the retirement of Mr. Adams, who is stepping down from his role as Chief Executive Officer of the Company. Ms. Gengler, 37, will continue in her current position as Managing Director?Financial Operations of the Adviser.

Prior to her appointment as Chief Executive Officer, Ms. Gengler served as Principal Financial Officer and Treasurer of the Company since 2021, as well as in a number of other roles for the Adviser and for the funds managed by the Adviser since 2017. Prior to his appointment as Principal Financial Officer and Treasurer of the Company, Mr. Wickliffe, 34, served as Vice President and Assistant Treasurer of the Company since 2021 as well as in a number of roles for the Adviser since 2015, and will continue to serve in his current position as Vice President?Financial Operations of the Adviser.