Risk Factors Update Summary

• Failure to maintain BDC status may subject us to additional regulatory restrictions, significantly reducing operating flexibility.
• Failure to comply with regulations could have a material adverse effect on portfolio companies.
• Added risks related to OID and PIK interest, impacting income recognition and RIC qualification.
• Increased risk due to potential failure to qualify as a RIC, impacting investment strategies.
• Added risk of cybersecurity incidents affecting operations, financial condition, and relationships.
• Loss of key personnel could have a material adverse effect on achieving investment objectives.
• Inability to access capital markets may limit refinancing and execution of business strategy.
• Added risk related to climate change impacting portfolio companies and energy usage fluctuations.
• Added risk of fluctuations in quarterly operating results due to various factors.
• Changes in tax treatment could result in corporate-level income tax and affect distributions.
• Increased risk of overconcentration for stockholders participating in the distribution reinvestment plan.
• Added risk of privacy and information security laws impacting operations and compliance post-mergers.
• Investment in loans and securities of emerging market issuers involves various risks.
• Restrictions on investments may limit the ability to invest in certain issuers.