FBCC stockholders approve amended advisory agreement; 12.4M for, 289K against

Stockholders approved an amended and restated investment advisory agreement (the “Amended and Restated Advisory Agreement”) between FBCC and Franklin BSP Capital Adviser L.L.C., a Delaware limited liability company and the external investment adviser to FBCC (“FBCA”), pursuant to the Agreement and Plan of Merger, dated as of October 2, 2023 (the “Merger Agreement”), by and among FBCC, Franklin BSP Lending Corporation, a Maryland corporation (“FBLC”), Franklin BSP Merger Sub, Inc., a Maryland corporation and a direct wholly-owned subsidiary of FBCC, and, solely for the limited purposes set forth therein, FBCA, based on the following votes: Votes For Votes Against Abstain 12,380,098 288,781 317,036