PennantPark Investment (PNNT) Proxy Filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on February 3, 2026, with shareholders voting on director elections and auditor ratification.

• Shareholders of record as of December 3, 2025, are eligible to vote, with 65,296,094 shares outstanding.

• Voting can be conducted online, by phone, or by mail, and a majority of shares is required for a quorum.

• The Board unanimously recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Two directors, Samuel Katz and Marshall Brozost, are nominated for three-year terms expiring in 2029.

• Ratification of RSM US LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026, is proposed.

• Shareholders may submit proposals for the 2027 Annual Meeting between July 20, 2026, and August 19, 2026.

Board of directors and corporate governance

• The Board consists of six members: two interested and four independent directors, with staggered three-year terms.

• All committees (Audit, Nominating and Corporate Governance, Compensation) are composed solely of independent directors.

• The Board conducts annual self-assessments and maintains a majority of independent directors as required by NYSE rules.

• The Chairman is also the CEO, with the Board believing this structure enhances efficiency.