June 30, 2026

Pro Forma Adjustments (1)

Pro Forma
June 30, 2026

Assets

Investments, at fair value

$

1,290,523,348

$

(511,904,274

)

(2

)

$

778,619,074

Cash and cash equivalents

157,546,660

(135,203,837

)

(3

)

22,342,823

Interest, dividends and fees receivable

23,607,858

(4,397,900

)

19,209,958

Deferred debt issuance costs

2,588,305

(1,240,222

)

1,348,083

Prepaid expenses and other assets

2,197,356

(90,969

)

2,106,387

Total assets

1,476,463,527

(652,837,202

)

823,626,325

Liabilities

Debt, net of deferred issuance costs

910,581,937

(591,632,840

)

318,949,097

Interest and debt related payables

4,375,009

(4,050,402

)

324,607

Management fees payable

4,124,508

—

4,124,508

Reimbursements due to the Advisor

169,320

—

169,320

Accrued expenses and other liabilities

5,205,926

(9,000

)

5,196,926

Total liabilities

924,456,700

(595,692,242

)

328,764,458

Net assets

$

552,006,827

$

(57,144,960

)

$

494,861,867

Composition of net assets applicable to common shareholders

Common stock

$

83,902

$

—

$

83,902

Paid-in capital in excess of par

1,727,427,570

—

1,727,427,570

Distributable earnings (loss)

(1,175,504,645

)

(57,144,960

)

(1,232,649,605

)

Total net assets

552,006,827

(57,144,960

)

494,861,867

Total liabilities and net assets

$

1,476,463,527

$

(652,837,202

)

$

823,626,325

Six Months Ended
June 30, 2026

Pro Forma Adjustments (1)

Six Months Ended
June 30, 2026

Investment income

Interest income (excluding PIK):

Non-controlled, non-affiliated investments

$

67,540,767

$

—

$

67,540,767

Non-controlled, affiliated investments

905,445

—

905,445

Controlled investments

3,906,047

—

3,906,047

PIK interest income:

—

Non-controlled, non-affiliated investments

5,465,634

—

5,465,634

Non-controlled, affiliated investments

748,701

—

748,701

Controlled investments

415,331

—

415,331

Dividend income:

—

Non-controlled, non-affiliated investments

1,003,276

—

1,003,276

Non-controlled, affiliated investments

—

—

—

Controlled investments

2,614,290

—

2,614,290

Other income:

—

Non-controlled, non-affiliated investments

5,877

—

5,877

Total investment income

82,605,368

—

82,605,368

Operating expenses

Interest and other debt expenses

31,044,015

—

31,044,015

Management fees

8,891,551

—

8,891,551

Professional fees

2,243,187

—

2,243,187

Administrative expenses

909,733

—

909,733

Insurance expense

421,383

—

421,383

Director fees

375,000

—

375,000

Custody fees

166,199

—

166,199

Other operating expenses

1,935,027

—

1,935,027

Total operating expenses

45,986,095

—

45,986,095

Net investment income

36,619,273

—

36,619,273

Realized and unrealized gain (loss) on investments and foreign currency

(48,274,018

)

(57,144,960

)

(105,418,978

)

Realized loss on extinguishment of debt

(2,897,355

)

—

(2,897,355

)

Net increase (decrease) in net assets resulting
   from operations

$

(14,552,100

)

$

(57,144,960

)

$

(71,697,060

)