Company: BXSL
Filing Date: 2025-07-02
Form Type: DEF 14A
Source: 0001193125-25-154956
Chunk: 16

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-02
Form: DEF 14A
Chunk 16
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 profit-sharing plan, and the Trustees do not receive any pension or retirement benefits from the Company. |

| (2) | Total compensation paid from the Fund Complex includes compensation paid by the Company and $185,500, $178,000, $178,000, $171,000 and $178,000 of compensation paid to Mr. Bass, Mr. Clark, Ms. Collins, Ms. Fuller and Ms. Greene, respectively, by BCRED for the fiscal year ended December 31, 2024. The Blackstone Credit & Insurance Closed-End Funds and Blackstone Alternative Multi Strategy Fund do not pay compensation to the Trustees. BMACX and BREC did not pay compensation to the Trustees for the fiscal year ended December 31, 2024 because they had not yet commenced operations. |

| (3) | Includes compensation as Chairperson of the Audit Committee (as defined below). |

No compensation is paid to Trustees who are “interested persons,” as such term is defined in Section 2(a)(19) of the 1940 Act. Prior to April 1, 2024, the Company paid each Independent Trustee: (i) $150,000 per year (prorated for any partial year), (ii) $2,500 for each regular meeting of the Board attended, (iii) $1,000 for committee meetings attended (in addition to regular meeting fees to the extent committees meet on regular meeting dates) and (iv) $10,000 per year for the Chairperson of the Audit Committee. On May 1, 2024, the Compensation Committee (as defined below) approved an update to compensation paid by the Company to each Independent Trustee. Effective April 1, 2024, the Company pays each Independent Trustee: (i) $200,000 per year (prorated for any partial year), (ii) $2,500 for each regular meeting of the Board attended, (iii) $1,000 for committee meetings attended (in addition to regular meeting fees to the extent committees meet on regular meeting dates) and (iv) $15,000 per year for the Chairperson of the Audit Committee. We are also authorized to pay the reasonable out-of-pocketexpenses of each Independent Trustee incurred by such Trustee in connection with the fulfillment of his or her duties as an Independent Trustee. The Board of Trustees met eight times during the fiscal year ended December 31, 2024. Each Trustee then serving in such capacity attended