Carlyle Secured Lending, Inc. announced that Linda Pace would step down as the Company's Chief Executive Officer, effective December 31, 2022. Ms. Pace also informed the Company that she intends to continue to serve in her current capacity on the Company's Board of Directors and as the Chair of the Board. Ms. Pace joined Carlyle Group, the parent of the Company's investment adviser, in 1999 and was instrumental in the firm's expansion into credit.

In addition to playing a leadership role in growing Carlyle's CLO business for 20 years, Ms. Pace helped expand the firm's credit platform into new areas including illiquid credit. She has provided tremendous leadership to the firm over the decades, including in her most recent role as CEO of the firm's business development companies. Carlyle and the Board are thankful to retain her counsel and experience through her continued involvement as the Board's Chair.

The Board intends to appoint Aren LeeKong as the Company's Chief Executive Officer, effective January 1, 2023, when Ms. Pace steps down as Chief Executive Officer. Mr. LeeKong, 46, is currently a Director of the Company and Carlyle Credit Solutions, Inc. and a Trustee of Carlyle Secured Lending III, business development companies managed by Carlyle Global Credit Investment Management L.L.C. or an affiliate thereof.