Saratoga Investment (SAR) Proxy Filing summary

Executive summary

• The 2024 annual meeting is scheduled for September 26, 2024, at 10:00 a.m. ET in New York, with shareholders of record as of July 29, 2024, eligible to vote.

• The main business is the election of Christian L. Oberbeck as director for a term ending at the 2027 annual meeting.

• Proxy materials and the annual report are available online, and shareholders are encouraged to vote by internet, phone, or mail.

Voting matters and shareholder proposals

• Only one proposal is up for vote: the election of Christian L. Oberbeck as director.

• The board unanimously recommends voting FOR the nominee.

• Shareholders may submit proposals for the 2025 meeting by April 3, 2025, following specific bylaw requirements.

Board of directors and corporate governance

• The board consists of five members, with a majority being independent as required by NYSE and the 1940 Act.

• Directors are divided into three classes, each serving three-year terms.

• Annual board and committee effectiveness evaluations are conducted.

• All directors attended 100% of meetings in fiscal 2024.

• Corporate governance documents and codes of ethics are available online.