0001104659-23-083876 Sample Contracts

Ares Capital Corporation Up to $1,000,000,000 Shares of Common Stock (par value $0.001 per share) EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • July 25th, 2023 • Ares Capital Corp • New York

Ares Capital Corporation, a Maryland corporation (the “Company”), Ares Capital Management LLC, a Delaware limited liability company (the “Adviser”), and Ares Operations LLC, a Delaware limited liability company (the “Administrator”), confirm their agreement (this “Agreement”) with Mizuho Securities USA LLC (the “Manager”), as follows.

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