Sixth Street Lending Partners, Inc. Presentation to State of Connecticut slide image

Sixth Street Lending Partners, Inc. Presentation to State of Connecticut

SIXTH STREET LENDING PARTNERS, INC. (SLX "2.0") SLX "2.0" VALUE PROPOSITION 1 2 3 4 5 6 Attacking a seam in the market between syndicated loan market and traditional direct lending We believe that retreating bank participation in the syndicated loan market and growing borrower interest in private financing solutions offer a vast and diverse opportunity We believe we are a best-in-class BDC manager with a proven track record of generating excess returns and value for investors Six Street risk / reward framework, thematic focus, deep fundamental underwriting, and sector expertise aim to provide downside protection Portfolio construction focused on targeting strong risk-adjusted returns Option value for investors in an IPO scenario TARGETED PORTFOLIO CONSTRUCTION ≤ 50% LTV SIXTH STREET HIGHLY CONFIDENTIAL $200-500+ million position size Predominantly, floating rate, first lien / senior secured 8-9% Target ROA Maintenance and/or incurrence covenants US and European-based borrowers Call protection and voting control Sixth Street's view of the current market environment as of the date appearing in this material only and there is no guarantee that such view or the assumptions or forecasts underlying such view will materialize as anticipated. There can be no assurance that the Fund will achieve its investment objectives, be able to implement its investment strategy or avoid substantial losses. There can also be no assurance that the Fund will have access to similar investment opportunities or be competitive in consummating investments. 9
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