On January 14, 2013, the Board of Directors of Fifth Street Finance Corp. increased its size to eight members and appointed Ivelin M. Dimitrov to serve on the Board of Directors from January 15, 2013 until Fifth Street's 2014 Annual Meeting of Stockholders. Mr. Dimitrov has served as Fifth Street's Chief Investment Officer and the Chief Investment Officer of its investment adviser since August 2011, and served as Co-Chief Investment Officer for these entities since November 2010 and June 2010, respectively.

He is also a partner of Fifth Street's investment adviser and serves on its investment committee.