On August 5, 2022, the board of directors of Crescent Capital BDC, Inc. increased the size of the Board from five to six members and, on the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Susan Yun Lee as an independent Class II director to fill the vacancy created by such increase. Ms. Lee will serve as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. The initial term of Ms. Lee, a Class II director, will expire at the 2023 annual meeting of stockholders of the Company.

The Board has determined that Ms. Lee is not an interested person as defined in Section 2(a)(19) of the Investm ent Company Act of 1940, and is independent within the meaning of the independence standards of the Securities and Exchange Commission and the NASDAQ Marketplace Rules. As an independent director, Ms. Lee will receive the same compensation as that to be provided to the Company's other independent directors, as described in detail in the Company's other filings with the SEC. There is no arrangement or understanding under which Ms. Lee was appointed.

There are no transactions involving Ms. Lee requiring disclosure under Item 404(a) of Regulation S-K. Ms. Lee was the founding Chief Investment Officer for a family office and foundation. Previously, Ms. Lee managed investment assets for The Broad Foundations and family office, investing across asset classes through funds, co-investments, and direct investments. Earlier, Ms. Lee built and led a private equity, private credit, and venture capital investment practice and advised endowments and foundations on overall portfolio asset allocation and implementation strategies as a Partner at Angeles Investment Advisors.

She has also made direct investments in private companies and worked with portfolio companies on growth and capital financings as a private equity investor at Black Canyon Capital and Vintage Capital Partners. Earlier in her career, she developed and implemented strategy at Fortune 500 companies while at Bain & Company and The Walt Disney Company. Ms. Lee has a M.B. A from Harvard Business School where she earned honors and was a Toigo Fellow.

She graduated with a B.A. in economics from Stanford University, Phi Beta Kappa and with multiple awards.