Chicago Atlantic BDC (LIEN) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 25, 2025, to be held virtually, with voting and Q&A available online.

• Key items include re-election of one director and ratification of the external auditor for 2025.

• Board recommends voting in favor of all proposals.

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

Voting matters and shareholder proposals

• Stockholders will vote on re-electing Supurna VedBrat as director (term expiring 2028) and ratifying BDO USA, P.C. as auditor for 2025.

• Board recommends voting FOR both proposals.

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

• Stockholders may submit proposals for the 2026 meeting by December 31, 2025.

Board of directors and corporate governance

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

• Majority of directors are independent; committees (Audit, Nominating, Compensation) are composed solely of independent directors.

• Board met eleven times in 2024; regular executive sessions held.

• Board leadership includes an Executive Chairperson and a lead Independent Director.

• Code of Business Conduct and Ethics and insider trading policy in place.