Chicago Atlantic BDC (LIEN) Proxy filing summary

Executive summary

• Annual meeting scheduled for June 24, 2026, to be held virtually, with voting and Q&A available online.

• Stockholders will vote on re-election of two directors and ratification of the independent auditor.

• Proxy materials are available online, with options for electronic or mail voting.

• Board recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Proposal 1: Re-election of Americo Da Corte and Tracey Brophy Warson as Class 2 directors until 2029.

• Proposal 2: Ratification of BDO USA, P.C. as independent registered public accounting firm for fiscal year ending December 31, 2026.

• Plurality vote required for director election; majority vote required for auditor ratification.

• Stockholders may submit proposals for the 2027 annual meeting by December 31, 2026.

Board of directors and corporate governance

• Board consists of five members divided into three staggered classes.

• Four independent directors and one interested director (Scott Gordon).

• Committees: Audit, Nominating, and Compensation, all comprised solely of independent directors.

• Board met four times in 2025; all directors attended at least 75% of meetings.

• Lead Independent Director role held by Michael W. Chorske.