ARES CAPITAL CORP. 2023-2024 Proxy Voting Records

Description as filed by funds: Election of Directors: Mary Beth Henson

ARES CAPITAL CORP.’s own tally for this item (“Elect Director: Mary Beth Henson”): 174,088,591 for, 53,696,165 against, per its Form 8-K filed May 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 The nominees listed below were elected as Class II directors of the Company to serve until the 2027 annual meeting of stockholders, and until their respective successors are duly elected and qualify, based on the following votes:”
Support: 76% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 42 asset managers below reported 31,520,666 for, 3,790,365 against, 29,734 abstained, 1,000 unknown.

Showing the 25 largest of 42 asset managers. All 42 are in the interactive database (link above).

Description as filed by funds: Election of Directors: Michael K. Parks

ARES CAPITAL CORP.’s own tally for this item (“Elect Director: Michael K. Parks”): 173,660,102 for, 54,025,688 against, per its Form 8-K filed May 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 The nominees listed below were elected as Class II directors of the Company to serve until the 2027 annual meeting of stockholders, and until their respective successors are duly elected and qualify, based on the following votes:”
Support: 76% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 41 asset managers below reported 19,802,151 for, 3,785,676 against, 30,638 abstained, 1,000 unknown.

Showing the 25 largest of 41 asset managers. All 41 are in the interactive database (link above).

Description as filed by funds: Election of Directors: Michael L. Smith

ARES CAPITAL CORP.’s own tally for this item (“Elect Director: Michael L. Smith”): 175,401,789 for, 52,331,525 against, per its Form 8-K filed May 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 The nominees listed below were elected as Class II directors of the Company to serve until the 2027 annual meeting of stockholders, and until their respective successors are duly elected and qualify, based on the following votes:”
Support: 77% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 41 asset managers below reported 19,811,541 for, 3,777,707 against, 30,217 abstained.

Showing the 25 largest of 41 asset managers. All 41 are in the interactive database (link above).

Description as filed by funds: To authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to the limitations set forth in the proxy statement for the special meeting of stockholders (including, without limitation, that the number of shares issued does not exceed 25% of the Company's then outstanding common stock).

ARES CAPITAL CORP.’s own tally for this item (“1. The proposal to authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to certain ”): 216,451,408 for, 52,458,588 against — passed, per its Form 8-K filed August 9, 2023 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 1 The proposal to authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to certain limitations (including, without limitation, that the number of shares i…”
Support: 80% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 19,139,501 for, 19,628,509 against, 14 withheld, 10,586 abstained.

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

Description as filed by funds: To ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024.

ARES CAPITAL CORP.’s own tally for this item (“2. Proposal to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024”): 427,845,593 for, 6,668,472 against — passed, per its Form 8-K filed May 14, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 The proposal to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 was approved, based on the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of ARES CAPITAL CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (2 managers, 1,545 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 36 managers: 35,163,014 for, 48,322 against, 24,245 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports, all 5 managers: 935,885 for, 1,000 unknown.