X0306 4 2022-09-12 0001870833 RiverNorth Managed Duration Municipal Income Fund II, Inc. RMMZ 0001864804 Denlinger Michael C/O MACKAY SHIELDS LLC 1345 AVENUE OF THE AMERICAS, 42ND FLOOR NEW YORK NY 10105 true Portfolio Manager Shares of Common Stock 2022-09-12 4 S 0 2716 16.6304 D 0.2249 D Shares of Common Stock 2022-09-13 4 S 0 0.2249 16.41 D 0 D The shares were sold in separate transactions. The range of prices for the transactions reported on September 12, 2022 was $16.60 to $16.75. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects additional shares the Reporting Person acquired and held under a dividend reinvestment plan. /s/ Michael Denlinger by his Attorney-In-Fact Chris Fitzgerald, Managing Director, CCO 2022-09-14