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Investor Presentaiton

Comparative Total Return LTM 130% 120% 110% 100% 90% Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb RJ BDC Index (Equal Weight) (22.11%) S&P/LSTA U.S. Leveraged Loan 100 (2.63%) RJ BDC Index (Mkt Cap Weight) (20.16%)— SCM (17.74%) - Mar S&P 500 (14.00%) STELLUS CAPITAL INVESTMENT CORPORATION 04/04/2021 to 04/04/2022 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 22.11% 20.16% 17.74% 14.00% 2.63% 20
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