Great Elm Capital (GECC) - 2024 Q1 - Earnings Call Presentation

Yielding Equity 3 $21.2 8$118.8mm ($12.57 per share¹) on March 31, 2024, as compared to$98.7mm ($12.99 per share¹) on December 31, 2023. 1 Based on shares outstanding of 9.5 million as of March 31, 2024 and 7.6 million as of December 31, 2023. 2 Illiquid, level 3 investments in two portfolio companies originated by prior management. ©2024 Great Elm Capital Corp. Q1 2024 Portfolio Review May 2, 2024 ©2024 Great Elm Capital Corp. 11 Debt Investments ...