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Oaktree Specialty Lending (OCSL) investor relations material
Oaktree Specialty Lending Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
A virtual special meeting is scheduled for March 3, 2026, for shareholders of record as of January 2, 2026, to vote on a key proposal.
The main proposal seeks authorization to issue up to 25% of outstanding common stock at prices below net asset value (NAV) per share, effective for 12 months if approved.
The Board, including all independent directors, unanimously recommends voting in favor of the proposal.
The proposal aims to provide flexibility to access capital markets during periods of market volatility and to support regulatory and strategic needs.
Voting matters and shareholder proposals
Shareholders will vote on authorizing the company to issue shares below NAV, limited to 25% of outstanding stock.
Approval requires a majority of outstanding voting securities and a majority not held by affiliates.
No other business is expected at the meeting; future shareholder proposals for the 2027 annual meeting must be received by September 18, 2026.
Board of directors and corporate governance
The Board consists of both interested and independent directors, with beneficial ownership information disclosed.
A “required majority” of directors must determine any below-NAV issuance is in the best interests of the company and shareholders.
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