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Investor Presentaiton

Comparative Total Return LTM 140% 130% 120% 110% 100% 90% 80% 70% 60% Aug Sep Oct Nov Dec Feb Alerian MLP (16.99%) RJ BDC Index (Equal Weight) (1.52%) MSCI US REIT Index (-7.68%) Jan SCM (12.53%) S&P/LSTA U.S. Leveraged Loan 100 (-0.75%) MVIS U.S. Mortgage REITS (-19.27%) Mar Apr May Jun Jul RJ BDC Index (Mkt Cap Weight) (4.04%) S&P 500 (-6.06%) STELLUS CAPITAL INVESTMENT CORPORATION 08/03/2021 to 08/03/2022 FactSet's total return calculation begins with the closing stock price one day after each respective BDC's IPO Total return assumes dividends are reinvested on the ex-dividend dates RJ BDC Index consists of: AINV, ARCC, BCSF, BBDC, BKCC, BXSL, CCAP, CGBD, CION, CSWC, FCRD, FDUS, FSK, GAIN, GBDC, GECC, GLAD, GSBD, HRZN, HTGC, ICMB, LRFC, MAIN, MRCC, NEWT, NMFC, OCSL, OFS, ORCC, OXSQ, PFLT, PFX, PNNT, PTMN, PSEC, RWAY, SAR, SCM, SLRC, TCPC, TPVG, TRIN, TSLX and WHF 16.99% 12.53% 4.04% 1.52% -0.75% -6.06% -7.68% -19.27% 20
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