TriplePoint Venture Growth (NYSE:TPVG) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Jim Labe – Chief Executive Officer and Chairman Sajal Srivastava – President and Chief Investment Officer Chris Mathieu – Chief Financial Officer Conference Call Participants Finian O'Shea – Wells Fargo Crispin Love – Piper Sandler Kevin Fultz – JMP Securities Ryan Lynch – KBW Casey Alexander – Compass Point Christopher Nolan – Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-Q ________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31 ...

Financial Data and Key Metrics Changes - The company generated net investment income (NII) of $0.58 per share, exceeding the quarterly distribution of $0.37, with an 8% increase in distribution to $0.40 per share [5][36] - Total investment income increased by 37% year-over-year to $34.9 million for Q4 and reached a record $119.4 million for the full year [30][31] - NII increased by 55% year-over-year to $20.5 million for Q4 and $63.6 million for the full year [34][30] Business Line Data and Key Metrics Changes - The investment portfolio reached nearly $1 billion, marking a record increase for the full year [10][17] - The weighted average portfolio yield at origination increased to 15.4% in Q4 from 14.5% in Q3 2022, with a full-year yield of 14.7% [20][31] - The company signed $221 million of term sheets and closed $105 million of debt commitments in Q4, with a record $2 billion of term sheets signed for the full year [18][19] Market Data and Key Metrics Changes - Venture capital fundraising was exceptionally strong in 2022, with $163 billion closed across 769 funds, setting an annual record [8] - The venture capital investment activity dropped significantly, with Q4 seeing only 936 deals closed for a total of $1.35 billion, the lowest quarterly deal value since Q2 2018 [6][7] Company Strategy and Development Direction - The company continues to focus on investing in attractive growth-stage companies backed by select venture capital investors, emphasizing quality over quantity in a volatile market [12][17] - The strategy includes maintaining a diversified portfolio and leveraging existing relationships with venture capital partners to support portfolio companies [29][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the outlook for many portfolio companies, particularly in sectors like robotics and cybersecurity, despite macroeconomic challenges [11][12] - The company anticipates continued demand for venture-lending solutions and expects investment momentum to pick up in the second half of 2023 [8][17] Other Important Information - The company reported a cumulative net loss rate of under 2% of cumulative commitments since inception, with a notable write-off of Medly Health due to operational irregularities [15][16] - The total net asset value was $420 million or $11.88 per share as of year-end, impacted by a special distribution [35][36] Q&A Session Summary Question: What is the liquidity situation of portfolio companies? - Approximately 85% of portfolio companies have more than six months of cash runway, with over 60% having more than 12 months [40][41] Question: What are the current leverage levels and targets? - The current leverage ratio is 1.36 times gross and 1.22 times net, within the acceptable range of 1.2 to 1.4 [42][43] Question: How did Medly Health impact the portfolio? - Medly was placed on non-accrual status, impacting the portfolio yield, and the company confirmed all Medly investments are off the books [46][49] Question: Are portfolio companies experiencing down rounds? - Yes, some companies are facing down rounds, but there are also up rounds occurring, indicating a mixed environment [54] Question: What lessons were learned from the Medly situation? - The company acknowledged that every credit situation is a learning experience, and while there were no clear indicators of impropriety, they will continue to analyze business plans and ratios [60][61]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-K ________________________________________________________________________________________________________________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 202 ...

TriplePoint Venture Growth (NYSE:TPVG) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants James Labe - Chairman and CEO Sajal Srivastava - President and Chief Investment Officer Christopher Mathieu - CFO Conference Call Participants Finian O'Shea - Wells Fargo Securities LLC Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Third Quarter 2022 Earnings Conference Call. At ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-Q ________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBE ...

TriplePoint Venture Growth (NYSE:TPVG) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants James Labe - Chairman and Chief Executive Officer Sajal Srivastava - President and Chief Investment Officer Christopher Mathieu - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Securities LLC Crispin Love - Piper Sandler & Co. Kevin Fultz - JMP Securities Casey Alexander - Compass Point Research & Trading LLC Christopher Nolan - Ladenburg Thalmann Ryan Lync ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-Q ________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, ...

| --- | --- | --- | --- | --- | --- | |-------|-------|--------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investor Presentation | | | | | | | Q u a r t e r E n d e d M a r c h 3 1 , 2022 M a y 4 , 2 022 | | | | | | | w w w. t p v g . c o m | | | | | | | | | | | Forward Looking Statements Some of the statements in this presentation constitute forward-looking statements, which relate ...

TriplePoint Venture Growth (NYSE:TPVG) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Representatives Jim Labe - Chief Executive Officer, Chairman of the Board Sajal Srivastava - President, Chief Investment Officer Chris Mathieu - Chief Financial Officer Conference Call Participants Finian O’Shea - Wells Fargo Securities Christopher Nolan - Ladenburg Thalmann Kevin Fultz - JMP Securities Crispin Love - Piper Sandler Casey Alexander - Compass Point Ryan Lynch - KBW Operator Good afternoon, l ...