Exhibit 99.3
March 24, 2017
The Board of Directors
Great Elm Capital Corp.
Re:Board of Directors (the “Board”) of Great Elm Capital Corp. (the “Company”)
Dear Fellow Directors:
After careful consideration, I have decided to resign from the Board effective as of March 24, 2017. In making this voluntary decision to resign from the Board, I confirm that this decision is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
I appreciate the professional and personal experience of having served with you on the Board, and wish you and the Company every success going forward.
Sincerely,
/s/ Eugene I. Davis
Eugene I. Davis
March 24, 2017