Item 5.07. Submission of Matters to a Vote of Security Holders

Solar Capital Ltd. (the "Company") held its Annual Meeting of Stockholders (the "Meeting") on October 6, 2020 and submitted two matters to the vote of the stockholders. A summary of the matters voted upon by stockholders is set forth below.



1. Stockholders elected two directors, who will each serve for a three-year term
to expire at the 2023 Annual Meeting of Stockholders based on the following
votes:



        Name               Votes For        Votes Withheld       Broker Non-Votes
        Bruce Spohler       28,192,017            2,264,396                     -
        Steven Hochberg     22,430,238            8,026,175                     -

2. Stockholders approved a proposal to authorize the Company to sell shares of its common stock at a price or prices below the Company's then current net asset value per share in one or more offerings, in each case, subject to the approval of its Board of Directors and compliance with the conditions set forth in the proxy statement (including, without limitation, that the number of shares issued does not exceed 25% of the Company's then outstanding common stock immediately prior to each such offering) based on the following votes:





                           For             Against         Abstain        Broker Non-Votes
  With Affiliates        22,641,866        7,438,804        375,743                      -
  % of Voted                  74.34 %          24.42 %         1.23 %                    -
  % of Outstanding            53.58 %          17.60 %         0.89 %                    -
  Without Affiliates     15,915,320        2,820,526        375,743                      -
  % of Voted                  83.28 %          14.76 %         1.97 %                    -
  % of Outstanding            51.48 %           9.12 %         1.22 %                    -

For purposes of this proposal, the affirmative vote of (1) a majority of the outstanding voting securities entitled to vote at the Meeting; and (2) a majority of the outstanding voting securities entitled to vote at the Meeting that are not held by affiliated persons of the Company was required to approve this proposal. For purposes of this proposal, the Investment Company Act of 1940, as amended, defines "a majority of the outstanding voting securities" as: (1) 67% or more of the voting securities present at the Meeting if the holders of more than 50% of the outstanding voting securities of the Company are present or represented by proxy; or (2) more than 50% of the outstanding voting securities of the Company, whichever is the less.

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