Barings BDC shareholders approve merger with Sierra Income Corp; vote results reported

Barings BDC, Inc.

Proposal 1 (approve share issuance for merger): 41,484,169 For, 588,782 Against, 207,462 Abstain.
Proposal 2 (approve issuance below NAV): 38,517,161 For, 3,571,948 Against, 191,304 Abstain.
Non-affiliated stockholders also approved Proposal 2: 24,432,316 For, 3,571,948 Against, 191,304 Abstain.
Proposal 3 (adjournment) was not needed due to sufficient votes for Proposals 1 and 2.
Special meeting held February 24, 2022; record date December 27, 2021 with 65,316,085 shares outstanding.

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