First Eagle Alternative Capital BDC, Inc. (FCRD) Q1 2022 Results Conference Call May 10, 2022 9:30 AM ET Company Participants Sabrina Rusnak-Carlson - General Counsel Chris Flynn - President, First Eagle Alternative Credit Jen Wilson - Chief Accounting Officer Jim Fellows - Chief Investment Officer Conference Call Participants Lee Cooperman - Omega Family Office Ryan Lynch - KBW Matt Tjaden - Raymond James Operator Good morning, and welcome to First Eagle Alternative Capital BDC, Inc. earnings conference ca ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each classTrading Symbol Name of each exchange on which registered Common Stock, $0.001 par value per share CCAP The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURIT ...

First Eagle Alternative Capital BDC, Inc. Earnings Presentation Quarter Ended December 31, 2021 First Eagle Investments 1345 Avenue of the Americas, New York, NY 10105 © 2022 First Eagle Alternative Credit, LLC. All rights reserved. Notice to Recipients Statements made in this presentation may constitute forward-looking statements. Such statements reflect various assumptions by First Eagle Alternative Capital BDC, Inc. (the "Company" or "FCRD") concerning anticipated results and are not guarantees of future ...

First Eagle Alternative Capital BDC, Inc. (FCRD) Q4 2021 Earnings Conference Call March 4, 2022 9:30 AM ET Company Participants Sabrina Rusnak-Carlson - General Counsel Christopher Flynn - President Michelle Handy - Head of Portfolio & Underwriting for Direct Lending Jen Wilson - CAO & Treasurer Conference Call Participants Leon Cooperman - Omega Advisors Paul Johnson - KBW Matt Jaden - Raymond James Operator Good morning, and welcome to First Eagle Alternative Capital BDC Inc. Earnings Conference Call for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each classTrading SymbolName of each exchange on which registered Common Stock, $0.001 par value per share CCAP The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EX ...

Financial Data and Key Metrics Changes - The company reported adjusted net investment income of $0.48 per share for Q3 2021, compared to $0.53 in the prior quarter and $0.43 in Q3 2020 [28] - GAAP earnings for Q3 2021 were $0.59 per share, down from $1.16 in Q2 2021 and $1.36 in Q3 2020 [28] - Net asset value (NAV) per share increased to $21.16, up from $20.98 in the previous quarter and $19.07 a year ago, marking the highest value since inception [12][29] Business Line Data and Key Metrics Changes - The investment portfolio consisted of over $1.1 billion across 132 portfolio companies, with 100% of the debt portfolio in sponsor-backed companies [14][15] - 120 out of 121 debt investment portfolio companies made full scheduled principal and interest payments, with 93% of the debt investments marked above $0.95 on the dollar [16][17] - The weighted average yield on income-producing securities was 7.6%, down from 7.8% in the prior quarter [32] Market Data and Key Metrics Changes - The company experienced a gross deployment of $158.5 million in Q3, with 95% in senior secured first lien or unitranche investments [18] - The total commitments for new deals represented only 14% of the total check size committed across Crescent, indicating the scale of the platform [19] Company Strategy and Development Direction - The company aims to ensure 100% dividend coverage via incentive waivers through 2022, reflecting a commitment to capital efficiency [24] - The acquisition of Alcentra Capital Corp has generated a 28% IRR, with 97% of the cost basis in the acquired assets realized [22] Management's Comments on Operating Environment and Future Outlook - Management maintains a positive outlook for the overall economy, expecting continued demand rebound [36] - The origination pipeline for Q4 is robust, with expectations for strong net deployment, potentially the strongest of the year [21] Other Important Information - The Board declared a quarterly cash dividend of $0.41 per share, along with a series of special cash dividends of $0.05 per share [25][26] - The company has a debt-to-equity ratio of 0.94, providing a significant cushion to regulatory asset coverage [33] Q&A Session Summary Question: Pressure on LIBOR floors and interest rates - Management noted some pressure on LIBOR, particularly in the syndicated markets, with LIBOR floors generally between 75 bps to 100 bps [39] Question: Investment in WhiteHawk vehicle - Management expects deployment to ramp up to GACP-type levels in about 1.5 to 2 years [42] Question: Unsecured debt plans - Management is focused on their debt capital structure and is considering prepaying 2023 notes without penalty in January 2023 [46][47]

Crescent Capital BDC, Inc. Quarterly Earnings Presentation September 30, 2021 Disclaimer and Forward-Looking Statement 2 This presentation (the "Presentation") has been prepared by Crescent Capital BDC, Inc. (together with its consolidated subsidiaries, "CCAP," "Crescent BDC" or the "Company") and may be used for informational purposes only. This Presentation contains summaries of certain financial and statistical information about the Company and should be viewed in conjunction with the Company's most rece ...

Table of Contents Title of each classTrading Symbol Name of each exchange on which registered Common Stock, $0.001 par value per share CCAP The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 O ...

Crescent Capital BDC, Inc. (NASDAQ:CCAP) Q2 2021 Earnings Conference Call August 12, 2021 12:00 PM ET Company Participants Dan McMahon - Investor Relations Jason Breaux - Chief Executive Officer Gerhard Lombard - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Operator Good day and thank you for standing by. Welcome to the Second Quarter 2021 Crescent Capital BDC Earnings Conference Call. [Operator Instructions] I’d now like to hand the call over to Dan McMahon, Head of Inve ...

Financial Performance - Adjusted net investment income for Q2 2021 was $14.8 million, or $0.53 per share, compared to $13.0 million, or $0.46 per share, in the previous quarter[12] - Net investment income for Q2 2021 was $11.0 million, or $0.39 per share, compared to $11.4 million, or $0.41 per share, in the prior quarter[12] - Net realized and unrealized gains on investments for Q2 2021 were $21.6 million, or $0.77 per share, compared to $10.1 million, or $0.36 per share, for the prior quarter[12] - Net asset value per share as of June 30, 2021, was $20.98, compared to $20.24 as of March 31, 2021[13] - Total net assets increased to $591 million as of June 30, 2021[8,15] Portfolio Composition - Total portfolio investments were $1,095 million as of June 30, 2021[9] - The portfolio consists of 130 portfolio companies across 20 industries[13] - 80% of the portfolio is comprised of senior secured first lien and unitranche first lien investments by fair value[13,28] - 99.6% of the debt investments are floating rate[17,27] Liquidity and Capital Structure - The company has a strong liquidity profile with $25.8 million in cash and cash equivalents and restricted cash[13,18] - Undrawn debt capacity is $220.1 million[13,32] - The debt-to-equity ratio is 0.87x[8,15]