KBDC · Kayne Anderson BDC, Inc.

Shares sold in a private transaction to Ventus Capital KABDC, LLC. The Manager of Ventus Capital KABDC, LLC is James L. Robo, who is the Chairman of the Board of Directors of KBDC.

The original Form 4 filing on 5/29/2025 mistakenly omitted the sale of the 121,686 shares, and only listed the sale of the 43,020 shares. We are filing this amended Form 4 to correct this omission.

Shares sold in a private transaction to Ventus Capital KABDC, LLC. The Manager of Ventus Capital KABDC, LLC is James L. Robo, who is the Chairman of the Board of Directors of KBDC.

Shares purchased in a private transaction from Albert Rabil, an interested Director of KBDC. The Reporting Person in this filing is the Manager of Ventus Capital KABDC, LLC and is the Chairman of the Board of Directors of KBDC.

Shares purchased in a private transaction from Albert Rabil, an interested Director of KBDC. The Reporting Person in this filing is the Manager of Ventus Capital KABDC, LLC and is the Chairman of the Board of Directors of KBDC.

The original Form 4 filing on 5/30/2025 mistakenly omitted the purchase of the 121,686 shares, and only listed the purchase of the 43,020 shares. We are filing this amended Form 4 to correct this omission.

Shares sold in a private transaction.

Shares held by KAPC Investment Holdings, L.P., a controlled affiliate of Kayne Anderson Capital Advisors, L.P.

The Reporting Person is the Manager of Ventus Capital KABDC, LLC.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The effective purchase date of these shares is April 2, 2024, however, the number of shares purchased was not known until the net asset value of the fund was finalized on April 15, 2024.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.

The March 31st net asset value for Kayne Anderson BDC, Inc. is not yet final. As such, the amount of securities reported herein and the corresponding price per share are estimates.