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Gladstone Investment intends to redeem all outstanding 8.00% notes due 2028

Gladstone Investment (GAIN) plans to redeem all of its outstanding 8.00% Notes due 2028. A notice of redemption will be mailed to all registered holders of the 2028 Notes by UMB Bank, National Association, in accordance with the terms of the Indenture, dated as of May 22, 2020, between the Company and the Trustee, and Section 1.01(g) of the Fourth Supplemental Indenture dated as of May 31, 2023. The 2028 Notes redemption date is December 16, 2025. The redemption price for the 2028 Notes equals 100% of the $74,750,000 aggregate principal amount of the 2028 Notes being redeemed, plus accrued and unpaid interest otherwise payable for the then-current quarterly interest period accrued to, but excluding, the Redemption Date. In connection with the redemption, the 2028 Notes will be delisted from the Nasdaq Global Select Market.

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