The board of directors of Harvest Capital Credit Corporation on March 28, 2018 appointed Joseph A. Jolson as the Chief Executive Officer of the company, effective as of such date. Mr. Jolson succeeds Richard P. Buckanavage, who stepped down from his positions as Chief Executive Officer and President on March 28, 2018, to assume the role of Managing Director - Head of Business Development, effective as of such date. In addition, Mr. Buckanavage continues to serve as a principal and member of the investment committee of investment adviser, along with Mr. Jolson.

On March 28, 2018, board of directors also appointed James Fowler as the Chief Investment Officer of the company. Mr. Fowler is also a member of the investment committee at investment adviser. The addition of Mr. Fowler strengthens the investment team at investment adviser following the resignation of Ryan T. Magee, a Vice President of the company and a principal of investment adviser, on March 8, 2018.

In addition, on March 28, 2018, as part of the previously announced process initiated by the company to transition the provision of administrative services to the company from JMP Credit Advisors to HCAP Advisors, investment adviser, the board accepted the resignations of Craig R. Kitchin, the company's Chief Financial Officer and Secretary, and Renee Lefebvre, the company's Chief Compliance Officer, each effective as of April 2, 2018. Mr. Kitchin and Ms. Lefebvre are employed by JMP Credit Advisors. To succeed Mr. Kitchin and Ms. Lefebvre, board of directors appointed William Alvarez as Chief Financial Officer, Chief Compliance Officer, and Secretary, effective as of April 2, 2018.

The resignations of Mr. Kitchin and Ms. Lefebvre are not related to the events disclosed in the company's Rule 12b-25 filing on March 15, 2018.