Saratoga Investment Corp. appoints Scott E. Zoellner as independent director, expanding board to six

SARATOGA INVESTMENT CORP.

Board increased from five to six members; Zoellner appointed effective August 5, 2026.
Zoellner is independent and not an 'interested person' under the Investment Company Act.
He will serve on audit, compensation, and nominating committees.
Zoellner is Partner and COO/CFO of Niobrara Capital; previously 21 years at AEA Investors and Managing Director at Credit Suisse.
Company entered into standard indemnification agreement with Zoellner.

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