Notes: September 22, 2025 -- NOTICE IS HEREBY GIVEN, pursuant to Section 11.04 of the Indenture dated as of October 23, 2017 (the “Base Indenture”), by and between Capital Southwest Corporation, a Texas corporation (the “Company”), and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) (the “Trustee), and Section 1.01(h) of the Fifth Supplemental Indenture dated as of June 14, 2023 (the “Fifth Supplemental Indenture,” and together with the Base Indenture, the “Indenture”), by and between the Company and the Trustee, that the Company is electing to exercise its option to redeem, in whole, the 7.75% Notes due 2028 (the “Notes”). The Company will redeem $71,875,000 in aggregate principal amount of the issued and outstanding Notes on October 13, 2025 (the “Redemption Date”). The redemption price for the Notes equals 100% of the $71,875,000 aggregate principal amount of the Notes being redeemed, plus the accrued and unpaid interest thereon through, but excluding, the Redemption Date (the “Redemption Price”). The Company has determined that the aggregate accrued interest on the Notes being redeemed that is payable on the Redemption Date will be approximately $1,114,062.50 (or approximately $0.3875 on each $25 principal amount of the Notes being redeemed).<p> On the Redemption Date, the Redemption Payment will become due and payable to the holders of the Notes (the “Holders”). Interest on the $71,875,000 in aggregate principal amount of the issued and outstanding Notes being redeemed will cease to accrue on and after the Redemption Date. Unless the Company defaults in paying the Redemption Payment with respect to the Notes, the only remaining right of the Holders with respect to the Notes will be to receive payment of the Redemption Payment upon presentation and surrender of such Notes to the Trustee in its capacity as Paying Agent. Notes held in book-entry form will be redeemed and the Redemption Payment with respect to such Notes will be paid in accordance with the applicable procedures of The Depository Trust Company.<p> Oct. 1, 2015 -- CSW Industrials, Inc. (Nasdaq:CSWI) announced the successful completion of its spin-off from Capital Southwest Corporation (Nasdaq:CSWC) Starting today, CSWI will begin regular way trading on the Nasdaq Stock Market under the ticker symbol CSWI. CSWI will be a separate publicly traded company independent from Capital Southwest, and Capital Southwest will not retain any CSWI common stock. Capital Southwest's common stock will continue to be listed on NASDAQ under the symbol CSWC. Shareholders received one share of CSWI common stock for every one share of CSWC common stock.