Mr. Gladstone is our Founder and has served as Chief Executive Officer and Chairman of the Board since our inception in 2003. He also founded and continues to serve as Chief Executive Officer and Chairman of the board of directors of our affiliates, including Gladstone Capital Corporation (“Gladstone Capital”), Gladstone Investment Corporation (“Gladstone Investment”), Gladstone Land Corporation (“Gladstone Land”), our Adviser, and our Administrator. Mr. Gladstone additionally serves on the board of managers of our affiliated broker-dealer, Gladstone Securities, LLC (“Gladstone Securities”). Prior to founding the Company, Mr. Gladstone served as either Chairman or Vice Chairman of the board of directors of American Capital, Ltd. (Nasdaq: ACAS), a publicly-traded leveraged buyout fund and mezzanine debt finance company, from 1997 to 2001. From 1974 to 1997, Mr. Gladstone held various positions, including Chairman and Chief Executive Officer, with Allied Capital Corporation (NYSE: ALD), Allied Capital Corporation II, Allied Capital Lending Corporation and Allied Capital Advisors, Inc., a registered investment adviser that managed the Allied companies. The Allied companies were the largest group of publicly-traded mezzanine debt funds in the United States and were managers of two private venture capital limited partnerships. From 1991 to 1997, Mr. Gladstone served either as Chairman of the board of directors or President of Allied Capital Commercial Corporation, a publicly-traded REIT that invested in real estate loans to small and medium-sized businesses, managed by Allied Capital Advisors, Inc. He managed the growth of Allied Capital Commercial from no assets at the time of its initial public offering to $385 million in assets at the time it merged into Allied Capital Corporation in 1997. From 1992 to 1997, Mr. Gladstone served as a Director, President and Chief Executive Officer of Business Mortgage Investors, a privately-held mortgage REIT managed by Allied Capital Advisors, which invested in real estate loans to small and medium-sized businesses. Mr. Gladstone is also a past Director of Capital Automotive REIT, a real estate investment trust that purchases and net leases real estate to automobile dealerships. Mr. Gladstone served as a Director of The Riggs National Corporation (the parent of Riggs Bank) from 1993 to May 1997 and of Riggs Bank from 1991 to 1993. He served as a Trustee of the George Washington University and currently is Trustee Emeritus. He is a past Member of the Listings and Hearings Committee of the National Association of Securities Dealers, Inc. Mr. Gladstone was the Founder and Managing Member of The Capital Investors, LLC, a group of angel investors, and is currently a Member Emeritus. Mr. Gladstone holds an MBA from the Harvard Business School, an MA from American University and a BA from the University of Virginia. Mr. Gladstone has co-authored two books on financing for small and medium-sized businesses,Venture Capital Handbook and Venture Capital Investing.

Ms. English has been a Director since June 5, 2002. Until March 31, 2004, English held the positions of President, Discovery Enterprises Worldwide, and President, Discovery.com, launching and rapidly developing new initiatives that build upon and enhance Discovery's television brands and consumer relationships. Ms. English is an experienced executive with a wide-ranging background in marketing, corporate planning and business development. She most recently served as Senior Vice President of the National Geographic Society, where she was responsible for marketing, book publishing, Traveler magazine, World magazine for children, educational media and international publishing. English spearheaded the 1995 launch of National Geographic magazine in the Japanese language, the publication's first-ever non-English edition. She had previously served as Vice President of Marketing, directing product development and marketing activities for Society membership, books, videos, magazines and other educational products. She was a member of the Society's Board of Trustees and Education Foundation Board. Prior to her tenure at the National Geographic Society, English served as a Consultant for such clients as Marriott Corporation and MCI. She had also been Vice President, corporate planning and business development for Marriott Corporation. Prior to Marriott, English worked as Senior Engagement Manager for the international consulting firm McKinsey & Company, helping top management in major media and diversified companies design and implement strategic plans, improvements in operations and organizational changes. Ms. English is active within the volunteer, nonprofit and corporate communities. She has served as Director of Riggs National Corporation in Washington, DC; Director of Windsor Pet Care, Inc. of Hasbrouk Heights, NJ; Trustee of the Supreme Court Historical Society in Washington, DC; a member of the Yale School of Management Advisory Board in New Haven, CT; and a Director of the Potomac KnowledgeWay. She currently serves as a Director of the NEA Foundation for the Improvement of Education, the Educational Testing Service (ETS), and as Chairman of the Board of Sweet Briar College. English received a Bachelor of Arts in International Affairs at Sweet Briar College and a Master of Public and Private Management degree from Yale University's School of Management.

Ms. Gorka has been one of our Directors since August 2024. Ms. Gorka is currently the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party. Ms. Gorka previously served as a Senior Policy Advisor in the Office of Policy at the U.S. Department of Homeland Security from 2017 until 2020. In 2020, Ms. Gorka served as Press Secretary for U.S. Customs and Border Protection, and from 2020 to 2022 she served as the Director for the Civil Society at The Heritage Foundation. Ms. Gorka graduated from the University of North Carolina at Chapel Hill with highest honors in 1978 and received her M.Sc. in Economics with Distinction from the London School of Economics in 1987.

Ms. Novara, age 53, has been Head of Resource Management of the Company since its founding. Ms. Novara is also Head of Human Resources, Facilities & Office Management and IT at Gladstone. Prior to joining the Company, Ms. Novara served as Assistant Vice President of Human Resources with the WMF Group and as a Consultant to Prudential Financial. From 1996 to 1997, Ms. Novara worked for TREEV, a publicly held imaging software vendor. From 1992 to 1996, Ms. Novara worked for Environmental Products Corporation in their corporate Human Resources department. Ms. Novara is certified through the Society for Human Resource Management as a Professional in Human Resources, holds an MA from Marymount University in Human Resources Management and a BA in Spanish and French from St. Mary's College of Notre Dame. Ms. Novara is also fluent in Italian, Spanish and French. The Company believes Ms. Novara's experience, including her in-depth knowledge of the Company, will increase the diversity of views to the benefit of the Board.

Mr. Outland has been on the Company's Board of Directors since December 2003. Currently, Mr. Outland is a Capital Markets Deal Leader for Genworth Financial. Since 2002, Mr. Outland has worked for 1789 Capital Advisors as a Managing Director where he has provided market and transaction structure analysis and advice on a consulting basis for multifamily commercial mortgage purchase programs. Mr. Outland advised HUD and the FHA on the sale of approximately $400 million of non-performing residential mortgage loans and marketed the sale of these loans to investors. From 1999 to 2001, Mr. Outland served as Vice President of Mortgage-Backed Securities at Financial Guaranty Insurance Company where he was team leader for bond insurance transactions, responsible for sourcing business, coordinating the credit, loan file, due diligence and legal review processes, and negotiating structure and business issues. From 1993 to 1999, Mr. Outland was Senior Vice President for Citicorp Mortgage Securities, Inc. At that firm he securitized Citicorp Mortgage non-conforming mortgage products. Mr. Outland's responsibilities included mortgage pooling, rating agency relationships, managing auction and price negotiation processes, managing loan file due diligence, reviewing transaction documentation and closing transactions. Mr. Outland worked at Nomura Securities International, Inc., from 1989 to 1993 as Vice President of Real Estate and Mortgage Finance where he performed due diligence on and negotiated the financing of commercial mortgage packages in preparation for securitization. Mr. Outland earned a Bachelors Degree in Chemical Engineering from Georgia Institute of Technology and a Masters in Business Administration from Harvard Business School.

Mr. Parker has been a Director since August, 2001. In 1997, Mr. Parker founded Medical Funding Corporation, a company that purchases medical receivables. In the summer of 2000, Medical Funding Corporation purchased a Snelling Personnel Agency franchise in Washington, DC, which provides full staffing services for the local business community. Mr. Parker currently serves as Chairman of Medical Funding Corporation. From 1992 to 1996, Mr. Parker was Chairman of, and a 50% stockholder of, Capitol Resource Funding, Inc.(CRF), a commercial finance company with offices in Dana Point, California and Arlington, Virginia. Mr. Parker joined CRF shortly after its inception and was instrumental in growing the company from a startup to one that by 1996 was purchasing receivables at the rate of $150 million per year, with over 40 employees. Mr. Parker practiced corporate and tax law for over 15 years from 1980 to 1983 at Verner, Liipfert, Bernhard & McPherson, and from 1983 to 1992 in private practice. From 1973 to 1977 Mr. Parker served as Executive Assistant to the administrator of the US Small Business Administration. Mr. Parker received his J. D. and Masters in Tax Law from Georgetown Law Center and his undergraduate degree from Harvard College.

Mr. Wilkinson is the founder and a general partner of Kitty Hawk Capital, a venture capital firm established in 1980 and based in Charlotte, North Carolina. He has served as a director of RF Micro Devices (Nasdaq: RFMD) since 1992 and has served as the Chairman of the Board of Directors since July 2008. He currently serves on the board of the N.C. State University Foundation and has previously served on the boards of other universities and related organizations. He is a past member and director of the National Venture Capital Association and is a past member and Chairman of the National Association of Small Business Investment Companies. He is currently Chairman of the Carolinas Chapter of the National Association of Corporate Directors (“NACD”) and is a NACD Leadership Fellow, having completed the NACD’s program for corporate directors. During his career he has helped to start or expand dozens of rapidly growing companies in a variety of industries. Mr. Wilkinson serves or has served as a director of numerous venture-backed companies, both public and private.

Mr. Wilkinson was selected as a director for the Company due to his strong leadership skills and his valuable understanding of our industry. With over 35 years of venture capital experience, Mr. Wilkinson also brings a unique perspective to the board. He has overseen the successful growth and evolution of numerous businesses and understands the challenges of leading both private and public companies through changing economic conditions and that boards of directors must work together in a collegial and effective manner to provide appropriate guidance to management.