Company: GAINI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001193125-25-143255
Chunk: 10

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 10
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 Governance Committee (the “Ethics Committee”) nominated two incumbent directors, David Gladstone and John Outland, for election by the stockholders for a term expiring in 2028.

Each director is elected by a plurality of the votes cast at the annual meeting. Shares represented by executed proxies will be voted, if authority to do so is not withheld, for the election of the director nominees on which such shares are entitled to vote. If any nominee becomes unavailable for election, your shares will be voted for the election of a substitute nominee proposed by our management. Each person nominated for election has agreed to serve if elected, and management has no reason to believe that any nominee will be unable to serve.

We encourage directors and nominees for director to attend the annual meeting. None of our directors attended the 2024 Annual Meeting of Stockholders.

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Nominees for a Three-Year Term Expiring at the 2028 Annual Meeting of Stockholders

| Name, Address, Age                                                                                             
 Independent Directors                                                                                          |     | Position(s) Held With Company                     |     | Term of Office and Length of Term Served                  |     | Principal Occupation(s) During the Past Five Years                                                                                                                                                                                                                                                                                                                                        |     | Other Public Company Directorships Held by Director During the Past Five Years                                                                                                                                                                                                          |     | Number of          
 Portfolios in Fund 
 Complex Overseen   
 by Director or     
 Nominee for        
 Director           |   |
| John H. Outland (79) Gladstone Investment Corporation 1521 Westbranch Drive, Suite 100 McLean, Virginia 22102  |     | Director                                          |     | Term expires at 2025 annual meeting. Director since 2005. |     | Private investor since June 2006.                                                                                                                                                                                                                                                                                                                                                         |     | Gladstone Commercial Corporation (“Gladstone Commercial”); Gladstone Capital Corporation (“Gladstone Capital”); Gladstone Land Corporation (“Gladstone Land”); Gladstone Acquisition Corporation (“Gladstone Acquisition”); Gladstone Alternative Income Fund (“Gladstone Alternative”) |     |                    | 3 |
| Interested Director                                                                                            |     |                                                   |     |                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                                                         |     |                    |   |
| David Gladstone (83)* Gladstone Investment Corporation 1521 Westbranch Drive, Suite 100 McLean, Virginia 22102 |     | Chairman of the Board and Chief Executive Officer |     | Term expires at 2025 annual meeting