PennantPark Investment Corporation Reports Monthly Distribution of 8 Cents Per Share

PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

NEW YORK, April 2, 2025 – PennantPark Investment Corporation (NYSE: PNNT), a publicly traded business development company, announced today that its Board of Directors has declared a monthly distribution of $0.08 per share, payable on April 15, 2025 to stockholders of record as of April 10, 2025.

The distribution represents a quarterly rate of $0.24 per share and an annualized rate of $0.96 per share.

"We are pleased to continue to generate strong returns for our stockholders," said Arthur Deigh, President and Chief Operating Officer of PennantPark Investment Corporation. "Our ability to distribute a significant portion of our earnings is a testament to the strength of our portfolio and our commitment to delivering value to our investors."

PennantPark Investment Corporation is a publicly traded business development company that invests primarily in middle-market companies in the United States. The company's investment objective is to generate current income and capital appreciation by lending to and investing in middle-market companies.

This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the company's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. You should not place undue reliance on these statements. The company undertakes no obligation to update forward-looking statements, except as required by law. For further information, please contact: Arthur Deigh, President and Chief Operating Officer, or Richard Gerber, Chief Financial Officer, at (212) 981-1130.