In release dated July 5, 2018, the first paragraph, first sentence should read: ... second quarter 2018 financial results on Monday, August 6, 2018 (instead of: ... second quarter 2018 financial results on Thursday, August 2, 2018). The second paragraph, first sentence should read: Management will host a conference call to discuss the operating and financial results at 8:30 a.m. EDT on Tuesday, August 7, 2018 (instead of: Management will host a conference call to discuss the operating and financial results at 8:30 a.m. EDT on Friday, August 3, 2018).

The corrected release reads:

CAPITALA FINANCE CORP. SCHEDULES SECOND QUARTER 2018 EARNINGS RELEASE AND CONFERENCE CALL

Capitala Finance Corp. (Nasdaq:CPTA) (the “Company”) announced today that it will report its second quarter 2018 financial results on Monday, August 6, 2018 after the close of the financial markets.

Management will host a conference call to discuss the operating and financial results at 8:30 a.m. EDT on Tuesday, August 7, 2018. To participate in the conference call, please dial (877) 312-5507 approximately 10 minutes prior to the call. International callers should dial (253) 237-1134. Please reference conference ID #2093748.

A live webcast of the conference call will be available at http://investor.CapitalaGroup.com. Please access the website 15 minutes prior to the start of the call to download and install any necessary audio software. An archived replay of the conference will also be available in the investor relations section of the Company’s website.

About Capitala Finance Corp.

Capitala Finance Corp. is a business development company that invests primarily in first and second liens, subordinated debt and, to a lesser extent, equity securities issued by lower and traditional middle-market companies. The Company is managed by Capitala Investment Advisors, LLC. For more information on Capitala, or to automatically receive email notifications of Company financial information, press releases, stock alerts, or other corporate filings, please visit the Investor Relations section of our website.

About Capitala Group

Capitala Group is a $2.7 billion asset management firm that provides capital to lower and traditional middle market businesses throughout North America with office locations in Atlanta, Charlotte, Fort Lauderdale, Los Angeles, New York, and Raleigh. Capitala’s lower middle market investment strategy focuses on investing in debt securities with minority equity co-investments with less than $250 million in enterprise value through its permanent capital vehicles, Capitala Finance Corp. (Nasdaq:CPTA) and Capitala Specialty Lending Corp. (CSLC). Capitala’s growth fund strategy targets control and minority equity investments, typically coupled with credit investments, in lower middle market companies with less than $30 million in enterprise value through both SBIC (CapitalSouth SBIC Fund IV, L.P.) and non-SBIC closed-end funds. Capitala Group has invested in over 150 companies since its inception in 1998 and seeks to partner with strong management teams to create value and achieve optimal outcomes for its investors. For more information, visit our website at www.CapitalaGroup.com.