BARINGS BDC, INC. ANNOUNCES MANAGEMENT PROMOTIONS

Eric Lloyd Named Executive Chairman of the Board
Jonathan Bock Promoted to CEO
Jonathan Landsberg Promoted to CFO
Elizabeth Murray Promoted to COO
CHARLOTTE, N.C., June. 10, 2023 /PRNewswire/ — Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today announced that its Board of Directors has named Eric Lloyd as Executive Chairman of the Board and promoted three of its longstanding senior executive officers. Mr. Lloyd has served as Chairman since 2021 and Chief Executive Officer and Director since 2018.