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Investor Presentaiton

$ in billions PORTFOLIO GROWTH WITH UNDERWRITING DISCIPLINE Cumulative Debt Commitment and Fundings, Since Inception $12 $11 $10 $9 $8 $7 $6 HTGC $5.7 $4.9 $5 IPO $4.0 $4.2 $4 $3.4 $3.5 $2.7 $2.9 $3 $2.1 $2.4 $2 $1.4 $1.5 $1.9 $1.5 $1 $0.2 $0.2 $0.5 $0.4 $0.9 $1.1 $1.2 $0.7 $0 2005 2006 2007 $11.1 $9.9 $8.5 $8.3 $7.6 $7.3 $6.5 $6.5 $5.6 $4.9 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cumulative Commitments Cumulative Fundings Cumulative Total Aggregate Net Realized Gains/(Losses), Since Inception $80 70 50.3 44.2 $60 ר ז 50 $ in millions 30.9 $40 17.3 30 8.9 $20 0.0 2.2 0.0 0.0 2.0 1.0 0.0 3.0 3.0 4.5 1.6 10 $0.5 $1.7 $0 $4.3 ($1.1) ($26.5) ($52.9) ($50.1) ($47.0) ($32.1) ($12.0) ($6.9) ($2.3) ($29.0) ($40.1) ($23.6) ($79.7) -10 -$20 -30 -$40 -50 -$60 -$80 -70 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q4 2020 Net Realized Loss Carry Forward Annualized Loss Rate (bps)(a) (a) When compared to total new debt commitments during the same period Xercules. CAPITAL 12
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