On February 4, 2010, TPG Specialty Lending, Inc. announced that it has sent a letter to the Board of Directors of TICC Capital Corp. in which TPG Specialty Lending stated its intent to nominate T. Kelley Millet for election as a director of the Company at the 2016 annual meeting of the Company stockholders and to bring a proposal before the annual meeting to terminate the investment advisory agreement between the Company and its external manager.