13D Filing: Etude Capital, LLC and OHA Investment Corp (OHAI)

B.

CapLab

(a)

As of the close of business on September 28, 2017, CapLab beneficially owned 202,000 Shares.

Percentage:
Approximately 1.0%

(b)

1. Sole power to vote or direct vote: 202,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 202,000 4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by CapLab during the past 60 days are set forth in Schedule B and are incorporated herein by reference.

C.

CapGP

(a)

CapGP, as the general partner of CapLab, may be deemed the beneficial owner of the 202,000 Shares owned by CapLab.

Percentage: Approximately
1.0%

(b)

1. Sole power to vote or direct vote: 202,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 202,000 4. Shared power to dispose or direct the disposition: 0

(c)

CapGP has not entered into any transactions in the Shares during the past 60 days. The transactions in the Shares on behalf of CapLab during the past 60 days are set forth in Schedule B and are incorporated herein by reference.

D.

Mr. Stein

(a)

Mr. Stein, as the President of Etude and the President and sole director of CapGP, may be deemed the beneficial owner of the (i) 53,000 Shares owned by Etude and (ii) 202,000 Shares owned by CapLab.

Percentage: Approximately
1.3%

(b)

1. Sole power to vote or direct vote: 255,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 255,000 4. Shared power to dispose or direct the disposition: 0

(c)

Mr. Stein has not entered into any transactions in the Shares during the past 60 days. The transactions in the Shares on behalf of Etude and CapLab during the past 60 days are set forth in Schedule B and are incorporated herein by reference.

E.

BLR Partners

(a)

As of the close of business on September 28, 2017, BLR Partners beneficially owned 600,000 Shares.

Percentage: Approximately
2.97%