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Investor Presentaiton

Strong track record Unique model Large moat Significant opportunity Our competitive position has strengthened since our IPO Compounding growth Pre-IPO Today Increase Private ~$24bn Public market value Equity ownership structure(1) Business model Debt portfolio weighted average maturity 5.5 years Announced deal value (prior 2 years) (2) 12.5 years Depth & Accessibility >2.0x $2.8bn $5.2bn 1.8x Scale Cash flow streams acquired (prior 2 years) (2) 11 20 20 In-depth opportunity reviews (3) 40 40 Platform Full time employees (4) IPO: initial public offering 1. Market data as of May 13, 2022. 35 1.8x 61 1.5x 66 1.9x 2. Total announced value of transactions excluding equity for the pre-IPO period Q3 2018 through Q2 2020. Total announced value of transactions excluding equity for the today period includes Q3 2020 through Q2 2022. ROYALTY PHARMA 3. In-depth opportunity reviews for the pre-IPO period represents 2019. In-depth opportunity reviews for the today period represents 2021. IPO was June 2020. 4. Full-time employees for the pre-IPO period is as of December 31, 2019; full-time employees for the today period is as of December 31, 2021. 15
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