Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending”) is a specialty finance
company dedicated to providing customized, one-stop credit solutions to companies with limited access to
public or syndicated capital markets. Our investment objective is to generate current income and capital appreciation by providing companies with flexible and innovative financing solutions, including first lien loans (which may include "unitranche" loans and "last out" first lien loans, which are loans that are second priority behind "first out" first lien loans), and second lien loans, unsecured and mezzanine loans, bonds, preferred equity and certain equity co-investments. We invest in companies across a variety of industries
that typically possess resilient business models with strong underlying fundamentals. We deploy capital
across credit and economic cycles with a focus on long-term results which enables us to build lasting
partnerships with financial sponsors and management teams. We are regulated as a business development
company, or a BDC, under the Investment Company Act of 1940, as amended.
Oaktree Specialty Lending is externally managed by Oaktree Fund Advisors, LLC, an affiliate of Oaktree
Capital Management, L.P., (“Oaktree”), a premier credit manager and leader among alternative investment
managers. Oaktree has $218 billion in assets under management as of September 30, 2025, with the majority in
credit strategies. The firm has an extensive global investment platform with more than 1,400 employees,
including over 300 investment professionals who have significant origination, structuring and underwriting
expertise. Oaktree’s disciplined investment philosophy and commitment to credit investing and lending have
been demonstrated across market cycles for more than 30 years.