FSSL Fs Specialty Lending Fund - 8-K

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2025,
Edward T. Gallivan, Jr. notified the board of trustees (the “Board”) of FS Specialty Lending Fund (the “Company”)
that he is resigning from his role as Chief Financial Officer and Treasurer of the Company, effective as of the close of business on December 31,
2025. Mr. Gallivan’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s
operations, policies or practices.

On December 29, 2025,
the Board appointed William Goebel as the Company’s Chief Financial Officer and Treasurer, effective as of the close of business
on December 31, 2025. Mr. Goebel’s appointment was not pursuant to any agreement or understanding with the Company or
any other person. There is no family relationship between Mr. Goebel and any of the Company’s trustees or other executive officers,
and there are no related party transactions with regard to Mr. Goebel that are reportable under Item 404(a) of Regulation S-K.
Mr. Goebel will not receive any direct compensation from the Company.

Set forth below is Mr. Goebel’s
biographical information:

William Goebel, age 51 has
served as Chief Accounting Officer of KKR FS Income Trust Select, KKR FS Income Trust, and FS KKR Capital Corp. (“FSK”) since
2023, 2022 and 2019, respectively. Previously, Mr. Goebel served as FSK’s Treasurer from April 2018 to June 2020
and FSK’s Chief Financial Officer from March 2011 to October 2019. Mr. Goebel is also a Managing Director of
FS Investments. Prior to joining FS Investments, Mr. Goebel held a senior manager audit position with Ernst & Young
LLP in the firm’s asset management practice from 2003 to January 2011, where he was responsible for the audits of regulated
investment companies, private investment partnerships, investment advisers and broker-dealers. Mr. Goebel began his career at
a regional public accounting firm, Tait, Weller and Baker LLP in 1997. Mr. Goebel received a B.S. in Economics from the Wharton
School of the University of Pennsylvania in 1997. He is a Certified Public Accountant and a CFA charterholder.