Saratoga Investment Corp. (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced that Henri Steenkamp will step down from his position as Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary, effective October 31, 2026, for health-related reasons.

Mr. Steenkamp will continue to support the Company in a consulting capacity following the transition, providing continuity and institutional knowledge as the Company implements its expanded leadership structure. Mr. Steenkamp will also remain a member of the Company’s Board of Directors and CFO of the Company’s SBIC subsidiaries, where he will continue to contribute his long-standing knowledge of the Company’s business, investment platform, governance practices and strategic priorities.

The Company also announced the following leadership appointments, each effective October 31st, 2026:

• Christine Ramdihal has been promoted to Chief Accounting Officer and Treasurer, and will serve as the Company’s principal financial officer
• Rochelle Kracoff has been promoted to Chief Compliance Officer and Secretary
• James Soltesz has been appointed as Investment Manager and Vice President of Capital Markets

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