Ares Capital (ARCC) Proxy filing summary

Executive summary

• Special meeting scheduled for August 13, 2026, to consider a key proposal regarding share issuance.

• Shareholders are encouraged to review proxy materials and vote by August 12, 2026.

Voting matters and shareholder proposals

• Proposal to authorize the company, with board approval, to issue common stock below net asset value, subject to a 25% cap of outstanding shares and other limitations.

• Authorization, if approved, will be effective for a twelve-month period following the meeting.

• Board of directors recommends voting in favor of the proposal.

Shareholder rights and capital structure

• Proposal impacts capital structure by allowing issuance of additional shares at potentially dilutive prices, within specified limits.

• Shareholders retain the right to approve or reject the proposal at the special meeting.