ACTION BY WRITTEN CONSENT
OF THE
BOARD OF DIRECTORS
OF
GLADSTONE INVESTMENT CORPORATION
The undersigned, being all of the members of the Board of Directors of Gladstone Investment Corporation, a Delaware Corporation (the
“Company”), pursuant to Section 141(f) of the Delaware General Corporation Law, hereby adopt the following resolutions by written consent dated effective as of the 25th day of November, 2024:
WHEREAS, the Board has reviewed the renewal of the Company’s Investment Company Blanket Bond No. 106628401,
the terms of which are attached hereto as Exhibit A, issued by Travelers Casualty and Surety Company of America (the “Fidelity Bond”);
NOW, THEREFORE, BE IT RESOLVED, that the members of the
Board, including Paul W. Adelgren, Anthony Parker, Michela A. English, John H. Outland, Walter Wilkinson, and Katharine Gorka, each of whom is not an interested person under the 1940 Act, hereby acknowledge and agree that the Fidelity Bond is
reasonable in form and amount; and it be
RESOLVED FURTHER, that the appropriate officers of the
Company be, and they hereby are, authorized to enter into the Fidelity Bond for the Company; and it be
RESOLVED,
FURTHER, that any and all previous actions taken by the Company’s officers, principals or agents in connection with the Fidelity Bond be, and hereby are, approved and ratified as duly authorized actions of the Company; and it
be
RESOLVED FURTHER, that the appropriate officers of the Company be, and each of them hereby is,
authorized and directed, for and on behalf of the Company, to file the Fidelity Bond with the Securities and Exchange Commission.
[SIGNATURE PAGE FOLLOWS]