Company: FCRX
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001133228-25-003192
Chunk: 15

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 15
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’s internal compliance policies and procedures, and meets
with the Corporation’s CCO at least annually to review the CCO’s annual report, including his risk-based analysis for the
Corporation. The Audit Committee (the “Audit Committee”) also meets regularly with the Chief Financial Officer and the Corporation’s
independent registered public accounting firm to discuss, among other things, the internal control structure of the Corporation’s
financial reporting function. The Board also meets periodically with the portfolio managers of the Corporation to receive reports regarding
the management of the Corporation, including its investment risks.

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The
Board recognizes that not all risks that may affect the Corporation can be identified, that it may not be practical or cost-effective
to eliminate or mitigate certain risks, that it may be necessary to bear certain risks (such as investment-related risks) to achieve the
Corporation’s goals, that reports received by the Directors with respect to risk management matters are typically summaries of the
relevant information, and that the processes, procedures and controls employed to address risks may be limited in their effectiveness.
As a result of the foregoing and other factors, risk management oversight by the Board and by the committees is subject to substantial
limitations.

Communications
with Directors

Stockholders
of the Corporation who wish to communicate with the Directors (or with an individual Director) should send communications to the attention
of George P. Hawley, Secretary, c/o Crescent Capital BDC, Inc., 11100 Santa Monica Blvd., Suite 2000, Los Angeles, California 90025, and
communications will be directed to the Director or Directors indicated in the communication or, if no Director or Directors are indicated,
to all Directors.

Committees
of the Board

The
Board conducts much of its work through certain standing committees, each of whose meetings are chaired by an Independent Director. The
Board has established an Audit Committee, a Nominating Committee, and a Compensation Committee, and may establish additional committees
in the future. For the year ended December 31, 2024, the Board held five Board meetings, four Audit Committee meetings, two Nominating
Committee meetings, and one Compensation Committee meeting. All Directors attended at least 75% of the aggregate number of meetings of
the Board and of the respective committees on which they served that were held while they were members of the Board. The Corporation requires
each Director to make a diligent effort to attend all Board and committee meetings. The Corporation does