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Investor Presentaiton

$1,500 Total Debt Investments, at value (millions) $0 $500 $1,311.9 $1,000 $1,287.6 $1,300.1 $2,000 $1,416.0 $2,500 13.4% $1,336.3 HIGH-YIELD PORTFOLIO OF EARNING ASSETS MEDIAN EFFECTIVE YIELD FROM Q1 2017 TO Q4 2020 OF 13.5% 14.9% 14.1% 14.2% 14.3% 13.5% 13.5% 13.5% $1,546.0 $1,603.3 $1,733.5 $1,897.1 13.0% 14.3% 13.4% 13.0% Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 $2,061.6 $2,079.9 Total Debt Investments at Fair Value (1) Effective Yield (1) Effective Yield is inclusive of all fees, including all realized unamortized fees and all realized transaction fees including but not limited to amendment fees and prepayment fees, and is calculated based on the weighted average principal balance of loans outstanding on a daily basis Xercules. CAPITAL $2,148.6 $2,195.6 $2,216.4 $2,264.5 $2,094.4 0% 23 2% 13.6% 16% 18% 13.3% 14% 12.2% 12.6% 13.5% 12% 4% 6% 8% 10% Effective Yield (%)
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