

| GLADSTONE INVESTMENT CORP/DE | 04/08/2016 AGM | |
|---|---|---|
| 1.01 | Elect Paul W. Adelgren | Withhold |
| 1.02 | Elect David Gladstone | Withhold |
| 1.03 | Elect John H. Outland | Withhold |
| 2 | Approve authority to issue and sell shares of the Company's common stock (during the next 12 months) at a price below its then current net asset value per share | Oppose |