Crescent Capital BDC, Inc. — Director's Dealing 2021

Dec 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crescent Capital BDC, Inc. (CCAP)
CIK: 0001633336
Period of Report: 2021-12-22

Reporting Person: WATSA V PREM ET AL (10% Owner)
Reporting Person: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN (10% Owner)
Reporting Person: SECOND 1109 HOLDCO LTD. (10% Owner)
Reporting Person: SIXTY TWO INVESTMENT CO LTD (10% Owner)
Reporting Person: Allied World Assurance Co Holdings, GmbH (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-22	Common Stock	S	63063	$18.01	Disposed	3646250	Indirect
2021-12-23	Common Stock	S	30303	$18.13	Disposed	3615947	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $18.00 to $18.17. The shares sold include 45,595 shares sold by Allied World Assurance Company, Ltd., GmbH ("Allied World") and 17,468 shares sold by Brit Reinsurance (Bermuda) Limited - FAL ("Brit"), which are both wholly-owned subsidiaries of Fairfax Financial Holdings Limited.

F2: The price reported reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $18.00 to $18.29. The shares sold include 21,909 shares sold by Allied World and 8,394 shares sold by Brit.

F4: These securities are held by wholly-owned subsidiaries of Fairfax Financial Holdings Limited. Mr. Watsa is the CEO and controlling person of Fairfax Financial Holdings Limited through the other reporting persons. Each of the reporting persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the reporting persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.