HPS Specialty Loan Fund VI slide image

HPS Specialty Loan Fund VI

Scaled Capital Provides Competitive Advantages HPS's Focus on Larger Businesses,¹... SLF V Portfolio Statistics: $436m Average HPS commitment (incl. co-invest)* $1.1bn max commitment* $89m Average EBITDA $342m max EBITDA m ...while maintaining a Lead Role, SLF V Portfolio Statistics: 98% Deals Led or Co-Led by HPS 85% Average HPS Hold of Tranche HPS Direct Lending Led or 17 Co-Led $1bn+ tranche transactions since 20173 ...is differentiated vs. the Peer Set What's your maximum hold size?² Refinitiv Middle Market Lender Survey 15% O 85% HPS 28% O 72% ■ Hold Size < $200mm ■ Hold Size > $200mm What's your preferred borrower EBITDA?² Refinitiv Middle Market Lender Survey ■ Borrower < $50mm ■ Borrower> $50mm of direct lenders have hold sizes >$200mm² 15% of direct lenders 28% have preferred borrower size of >$50mm EBITDA² PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ¹ Represents HPS Specialty Loan Fund V ("SLF V") weighted average statistics for all investments since inception as of September 30, 2022. There can be no assurance that the investments made to date by SLF V are indicative of comparable future investments of HPS Specialty Loan Fund VI ("SLF VI"). While SLF VI may seek out similar investments, there is no assurance that SLF VI will successfully make any such investments or that the investments in SLF VI's actual portfolio will share any of these characteristics. HPS will retain full discretion to target different investments. 2 Latest survey results available as of January 4, 2022. Refinitiv LPCs' 1Q23 Middle Market Lender Outlook Survey. Totals may not sum due to rounding. Top chart based on the average of trailing 4 quarterly surveys conducted in 2021- 2022. Bottom chart as of 1Q 2023. ³ Based on # of HPS Direct Lending transactions where HPS led or co-led $1bn or greater tranche transactions since 2017. *Average based on total face value committed to portfolio investments by funds and accounts across HPS platform inclusive of LP co-investment commitments. 10
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