Crescent Capital BDC, Inc. Quarterly Earnings Presentation December 31, 2025 Disclaimer and Forward-Looking Statement 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 recent ...

Financial Performance - Net investment income (NII) per share for Q3 2025 was $0.46, unchanged from the prior quarter[20] - Net realized and unrealized losses on investments per share for Q3 2025 were ($0.27)[20] - Net asset value (NAV) per share as of September 30, 2025, was $19.28, compared to $19.55 in the prior quarter[20] - The company declared a regular dividend of $0.42 per share for Q4 2025[20] - Total net assets were $714 million as of September 30, 2025[11] Portfolio Composition - Total portfolio investments were $1,581 million as of September 30, 2025[11, 20] - 90% of the portfolio comprised senior secured first lien and unitranche first lien investments by fair value[20, 38] - The portfolio consisted of 187 portfolio companies across 18 industries[20, 38] - Floating rate investments accounted for 97% of the portfolio[24, 38, 47] Capital Structure and Liquidity - The company had $27.8 million in cash and cash equivalents and restricted cash[20] - Undrawn debt capacity was $239.8 million as of September 30, 2025[20, 65] - The debt-to-equity ratio was 1.23x[11, 22, 26]

Core Viewpoint - Olive Resource Capital Inc. reported a strong investment performance for the second quarter of 2025, with a portfolio value increase of approximately 13.6% in the quarter and about 33% year-to-date after overhead costs [4][6]. Investment Portfolio Summary - The total value of Olive's investment portfolio increased from $6.42 billion on December 31, 2024, to $8.54 billion by June 30, 2025, reflecting a significant appreciation in stock prices [2][5]. - Key investments included: - Omai Gold Mines: Increased from $456.72 million to $1.38 billion, a rise of approximately 201% [2]. - Troilus Gold Corp.: Increased from $190.80 million to $516.03 million, a rise of approximately 171% [2]. - Arizona Sonoran Copper Co.: Increased from $255.78 million to $426.76 million, a rise of approximately 67% [2]. - The company maintained a focus on fewer, higher conviction investments, which contributed to the strong returns [4][6]. Market Commentary - The commodities market advanced cautiously in Q2 2025 compared to Q1, but commodity-related equities outperformed their benchmarks, indicating increased interest from generalist investors [4]. - The company is adopting a cautious investment approach during the summer, anticipating a typically weaker fall period for the sector [4].