NEW YORK, May 2, 2016 – Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced it will host an Investor Day in New York City on Wednesday, June 1, 2016 at 10:00 ET. Management will discuss a range of topics on all aspects of the Company’s financials, operations and investment strategy.

Led by senior management of Saratoga Investment, including Christian L. Oberbeck, Chairman and Chief Executive Officer, Michael J. Grisius, President and Chief Investment Officer, and Henri J. Steenkamp, Chief Financial Officer and Chief Compliance Officer, this forum will provide attendees with a strategic overview and review of the Company. There will also be CEOs of the Company’s portfolio companies in attendance and presenting.

Interested Parties

Individuals interested in attending can contact Adam Prior of The Equity Group Inc. at aprior@equityny.com or by calling (212) 836-9606.

Webcast

The presentation portion of the day will be archived on the Company’s website and available via the “Investor Relations” section of Saratoga’s website at http://saratogainvestmentcorp.com/.

Forward Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements are subject to risks and uncertainties and other factors enumerated in this press release and the filings Saratoga Investment Corp. makes with the SEC. Saratoga Investment Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.