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Investor Presentaiton

INVESTMENT PORTFOLIO BCPC Investment Portfolio PORTFOLIO CHARACTERISTICS - AS OF SEPTEMBER 30, 2023 INVESTMENTS AT FAIR VALUE UNFUNDED COMMITMENTS NUMBER OF PORTFOLIO COMPANIES $188.2M ASSET TYPE $7.8M 16 WEIGHTED AVERAGE SPREAD OF DEBT INVESTMENTS 605 BASIS POINTS FLOATING RATE MEDIAN EBITDA EFFECTIVE LOAN VOTING CONTROL¹ 100% $68.1M Majority Holder 59% Blocking Stake 21% Club Lender 20% First Lien Senior Secured 100% Second Lien Senior Secured -% Unsecured Debt -% Preferred Equity -% Common Equity -% FINANCIAL COVENANT TYPE² Covenanted 94% Covenant-Lite 6% Data is for Bain Capital Private Credit as of September 30, 2023. Portfolio exposures based on fair value. Charts may not sum to 100% due to rounding. As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Board. The majority of our portfolio investments are recorded at fair value as determined in good faith by the Advisor and, as a result, there may be uncertainty as to the value of our portfolio investments. 1 Majority Holder is defined as an investment where Bain Capital Credit holds a majority of the loan tranche or is able to effectuate requisite lender action without the vote or consent of other lenders, if applicable. Blocking Stake is defined as an investment where Bain Capital Credit's vote or consent is required for requisite lender action to amend the loan. Club Lender is defined as less than a 33% ownership of the loan tranche. 2 A financial covenant is defined as a loan that has one or more financial covenants or that benefits from another pari passu loan that has a financial covenant as a result of cross default provisions. Please refer to the glossary of terms in the appendix on slide 29 for additional definitions. BainCapital 21 21 CREDIT
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