Shareholders approve sale of common stock below NAV at reconvened annual meeting

Franklin BSP Capital Corp

Proposal authorized issuance of up to 25% of outstanding common stock at a price below NAV.
Votes: 58,715,953 for, 13,484,018 against, 4,015,950 abstentions including affiliated shares.
Excluding 5,430,919 affiliated shares: 54,244,377 for, 12,524,675 against, 4,015,950 abstentions.
Record date April 4, 2024: ~136.3M common and 77.5K preferred shares outstanding.
Meeting reconvened July 2, 2024; proposal approved by stockholders.

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