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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 27, 2026, the board of directors of Franklin BSP Capital Corporation (the “Company”) appointed Kathleen Oates to serve as Chief Accounting Officer (Principal Financial Officer and Principal Accounting Officer) of the Company, effective immediately and concurrently with the previously reported departure of Nina Baryski, who held the roles of Principal Financial Officer and Principal Accounting Officer until this transition. Ms. Oates, 37, is an Executive Director with Benefit Street Partners L.L.C. (“BSP”). Prior to joining BSP in 2020, Ms. Oates was a Senior Manager in the asset and wealth management assurance practice at PricewaterhouseCoopers. Ms. Oates received a Bachelor of Science in Finance and Accounting from Elon University and is a Certified Public Accountant. The selection of Ms. Oates to serve as the Company’s Chief Accounting Officer (Principal Financial Officer and Principal Accounting Officer) was not pursuant to any arrangement or understanding with any other person. There are no family relationships between Ms. Oates and any director or executive officer of the Company and there are no transactions between Ms. Oates and the Company required to be reported under Item 404(a) of Regulation S-K. Field: Page; Sequence: 2; Options: NewSection Field: Sequence; Type: Arabic; Name: PageNo 1 Field: /Sequence Field: /Page SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRANKLIN BSP CAPITAL CORPORATION (Registrant) Date: July 30, 2026 By: /s/ Richard J. Byrne Name: Richard J. Byrne Title: Chief Executive Officer and Chairman Field: Page; Sequence: 3; Options: Last Field: Sequence; Type: Arabic; Name: PageNo 2 Field: /Sequence Field: /Page Field: Set; Name: xdx; ID: xdx_08B_extensions eJxFjd0KwjAMhZ9g7xB6LXMrOHWXjiniFBki3haXSXFrRlr/Hsm3tG6IIRCSc74cIUZiRUvdIMNpURZwwLZrlEMosUZGc0bvyNabFPws8aKtY2Vcv/7AjDyDnknCifL33nnXFqsUoulYzsYygUimcg77rQi+ekam1hUap1UDylSwZ+pYo1P8Gj4c1JMMta8+6YhsNZkU4jAa5DfIKJawo7t6EF8tFEUmglFfgVgx3Trvyp8OzZeEvMHWx9mB/nfwAdQbSmo=