Company: OXLCZ
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001213900-25-084505
Chunk: 26

Company: Oxford Lane Capital Corp.
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 26
---
 for suggestions as to individuals meeting the aforementioned criteria. Research may also be performed to identify qualified individuals. To date, the Board of Directors has not engaged third parties to identify or evaluate or assist in identifying potential nominees, although it reserves the right to retain a third party search firm in the future, if necessary. 16

Compensation of Directors The following table sets forth compensation of the Company’s directors for the year ended March 31, 2025.

| Name                  
 Interested Directors  
 Jonathan H. Cohen     
 Saul B. Rosenthal     
 Independent Directors |     | Fees      
 Earned(1) |       — 
       — |     | All Other       
 Compensation(2) 
 —               
 —               |     | Aggregate    
 Compensation 
 from Fund    
 Complex(3)   |       — 
       — |
|:----------------------|:----|:----------|--------:|:----|:----------------|:----|:-------------|--------:|
| Mark J. Ashenfelter   |     | $         | 118,000 |     | —               |     | $            | 123,000 |
| John Reardon          |     | $         | 118,000 |     | —               |     | $            | 123,000 |
| David S. Shin         |     | $         | 128,000 |     | —               |     | $            | 133,000 |

____________ (1)For a discussion of the independent directors’ compensation, see below. (2)We do not maintain a stock option plan, non -equityincentive plan or pension plan for our directors. (3)“Fund Complex” includes Oxford Park Income Fund, Inc. Independent directors receive an annual fee of $90,000, as well as $4,000 plus reimbursement of reasonable out -of-pocketexpenses incurred in connection with attending each Board of Directors meeting, $1,500 plus reimbursement of reasonable out -of-pocketexpenses incurred in connection with attending each Valuation Committee meeting and $1,500 plus reimbursement of reasonable out -of-pocketexpenses incurred in connection with attending each Audit Committee meeting. The Chairman of the Audit Committee also receives an additional annual fee of $10,000. No compensation is paid to directors who are “interested persons” of Oxford Lane Capital, as that term is defined in the 1940 Act. Compensation of Chief Executive Officer and Other Executive Officers We do not have a compensation committee because our executive officers do not receive any direct compensation from Oxford Lane