In connection with his promotion to Chief Financial Officer of Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp. on July 10, 2015, Mr. Steven M. Noreika will no longer serve as Chief Accounting Officer of Fifth Street Asset Management Inc. Mr. Noreika also served as the company's principal accounting officer.

Mr. Alexander C. Frank, the company's Chief Operating Officer and Chief Financial Officer, will assume the additional role as the company's principal accounting officer.