Ares Capital enters $1.5B ATM equity distribution agreements; replaces prior July 2024 facility

ARES CAPITAL CORP

Company may sell up to $1.5B of common stock through Truist, Jefferies, Mizuho, RBC and Regions as sales agents.
Sales can be made 'at the market' on NASDAQ; agents receive commission of up to 1.5% of gross sales price.
New agreements dated Feb 5, 2025 supersede and terminate the July 30, 2024 equity distribution agreements with same agents.
Company has no obligation to sell any shares; actual sales depend on market conditions and capital needs.

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