HPS Specialty Loan Fund VI

What is "Specialty" Direct Lending? Strategic Positioning Driving Tangible Competitive Advantages By casting a wide net on the front end, and applying a rigorous and consistent investment process, we believe the resulting portfolio exhibits attractive risk-adjusted returns Differentiated Sourcing 1 Scaled Capital Advantage 2 Dynamic Approach 3 Global Mandate 4 Non-Sponsor vs Sponsor Larger Companies $400mm+ Tranche Size Lead Transactions Tailored Approach to Market Conditions Global Investment Capabilities More consistent deal flow across cycles (sponsor and corporate transactions) >>> Better covenants / structures Non-sponsor segment has fewer competitors >>> >>> >>> >>> "Reason to Exist" provides downside protection over a cycle More diversified business models provide stability >>> "One-stop-shop" certainty for capital solutions Finite number of competitors at this scale HPS Stronger connectivity to, and relationship with, management team = better information Greater control in diligence, credit documentation, and over the life of the investment >>> Seek to navigate transactional or business complexity without sacrificing credit quality We believe there are limited lenders with requisite expertise to take advantage of market dislocations Larger global opportunity set vs. geography specific Opportunity to optimize risk-adjusted return potential across regions Enhanced diversification Represents HPS's subjective opinions and views as of the date hereof and is subject to change depending on market environment. 7

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