WhiteHorse Finance, Inc. (WHF)
NASDAQ: WHF · Real-Time Price · USD
7.37
-0.08 (-1.07%)
Sep 18, 2026, 4:00 PM EDT - Market closed
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AGM 2026

Aug 3, 2026

Summary

The meeting included the election of three directors for terms expiring in 2029 and the ratification of Deloitte & Touche as auditor for 2026. All proposals were accepted, and stockholders had the opportunity to ask questions.

Stuart Aronson
CEO and Director, WhiteHorse Finance

Good morning. I am Stuart Aronson, Chief Executive Officer and a Director of WhiteHorse Finance, Inc. As presiding officer, I hereby call to order and welcome you to the 2026 Annual Meeting of Stockholders of WhiteHorse Finance, Inc. On behalf of management, I would like to thank all stockholders who are present today for your attendance and interest. I also want to thank the many stockholders who sent in proxies.

I would now like to take this opportunity to introduce you to the Board of Directors, which include the following other directors: John Bolduc, the Chairman of the Company's Board of Directors and Executive Managing Director of H.I.G. Capital, LLC; Jay Carvell; Rick Fryar, Vice Chairman of the Board of Directors and Chairman of the Audit Committee of The Trivium Corporation, Chairman of the Board of Directors of CoolSys, Inc., and Chairman of the Board of Directors of US Salt Corporation; Rick Puckett, Director of Driven Brands and SPX Corporation; G. Stacy Smith, Co-founder and Partner of Trinity Investment Group and Director of Independent Bank Group and USD Partners LP; and John P. Volpe, Director and Treasurer of Triangle Community Center. Also present today are our company's Chief Financial Officer, Joyson N.

Thomas, the company's Chief Compliance Officer, Marco Collazos, who is serving as the Secretary of the meeting, and the company's outside counsel, Thomas J. Friedman. The directors of the company and I will be available today and after the meeting to talk with you about financial performance of the company in the past year and to answer any questions you may have. In addition, present telephonically today from Deloitte & Touche, the company's independent audit firm, is Clay Chandler, who will be available at a later point in the meeting to respond to any questions you may have regarding the company's financial statements. The company has appointed Peter Deskovich, a representative of Broadridge Financial Solutions, to act as the Inspector of Election. A copy of the Inspector's Oath of Office will be filed with and made a part of the minutes of the meeting. We will now begin the meeting.

A list of the stockholders of record who are entitled to vote at the meeting, which has been prepared in accordance with Delaware corporate law and the company's bylaws, is available on the company's virtual shareholder meeting website at www.virtualshareholdermeeting.com/whf2026. Other key documents, such as the notice of meeting, the proxy statement, and additional proxy soliciting material, the company's annual report as amended on Form 10-K for the fiscal year ended December 31st, 2025, and the company's quarterly report on Form 10-Q for the three months ended March 31st, 2026, are also available at the company's website. An affidavit of distribution to stockholders of record is also available and will be filed with and made a part of the minutes of the meeting. If you have any questions or comments during the meeting, please feel free to ask during the question-and-answer session.

For purposes of voting at the meeting, proxies have been solicited by the Board of Directors of the company, and the shares owned by these stockholders may be voted and represented at the meeting pursuant to these proxies. Mr. Deskovich has informed me that we have a quorum present today for the conduct of business. We will now move on to the actual business of the meeting. I now declare the meeting duly convened, properly organized and competent to transact business. I will now open the door for consideration of the two items of business described in the notice of the meeting. The first order of business is the proposal to elect three Class II directors to hold office, subject to the provisions of the company's bylaws, for a term expiring at the 2029 Annual Meeting of Stockholders, or until his successor is duly elected and qualifies.

The persons recommended by the company's Nominating and Corporate Governance Committee and nominated by the company's Board of Directors are Rick P. Frier, Stuart Aronson, and Jay Carvell. The second order of business is the proposal to ratify the selection of Deloitte & Touche as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. Is there any discussion or are there any comments or questions on the two proposals which were set forth in the company's proxy statement? Those of you who have not submitted a proxy may vote, and those of you who have submitted a proxy but would like to change your vote may do so now online.

Information regarding the election of directors and ratifying the selection of Deloitte & Touche as the company's independent registered public accounting firm is provided in the proxy statement that accompanied the notice of the meeting, and accordingly, I will dispense with any preliminary explanation. Since the discussion is now complete, I declare the polls are open for balloting. The polls are now closed. We will take a moment while the Inspector of Election counts the ballots and proxies. The Inspector of Election has notified me that the ballots and proxies have been counted. Will the Secretary of the meeting please present the results of the balloting?

Marco Collazos
Chief Compliance Officer, WhiteHorse Finance

I report that the results of the balloting, as provided by the Inspector of Election, are as follows. The following individuals have each been elected as a Class II director for a term expiring at the 2029 Annual Meeting of Stockholders, or until his successor is duly elected and qualifies. Rick P. Frier, Stuart Aronson, and Jay Carvell. The selection of Deloitte & Touche as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been ratified.

Stuart Aronson
CEO and Director, WhiteHorse Finance

On the basis of the reports provided by the Inspector of Election and the Secretary of the annual meeting, I declare that all the proposals that have been presented at this time have been accepted by the stockholders of the company. If there are any other questions submitted, please let me know. There being no further official business, I declare the Annual Meeting of Stockholders of WhiteHorse Finance is hereby adjourned. Thank you.