Oaktree Specialty Lending (OCSL) Proxy Filing summary

Executive summary

• Special Meeting of Stockholders scheduled for March 3, 2026, to be held virtually.

• Stockholders are asked to vote on a proposal regarding the issuance of common stock below net asset value (NAV).

• No immediate plans to issue shares below NAV, but approval sought for future flexibility.

• Participation and prompt voting are emphasized to ensure quorum and avoid additional costs.

Voting matters and shareholder proposals

• Proposal seeks authorization to sell or issue common stock at a price below current NAV, limited to 25% of outstanding shares.

• Board of Directors recommends voting FOR the proposal.

• Failure to vote is counted as a vote against the proposal.

Board of directors and corporate governance

• Board approval is required for any issuance of shares below NAV.

• CEO and President have signed the solicitation, indicating leadership support.