Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

On June 8, 2026, Great Elm Capital Corp. (the "Company") entered into an amendment (the "Amendment") to the Company's Loan, Guarantee and Security Agreement, dated as of May 5, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified, the "Loan Agreement"), with City National Bank ("CNB"), as lender.

The Amendment updated the maturity date for borrowings under the Revolving Facility to the earlier of (i) June 8, 2029 and (ii) March 31, 2029 if the Company's 8.50% notes due 2029 have not been refinanced on or prior to such date.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment (which includes the Loan Agreement, as amended by the Amendment), a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are furnished with this report but shall not be deemed filed.