On April 10, 2024, New Mountain Finance Corporation entered into the Tenth Amendment to Loan and Security Agreement (the “Tenth Amendment”), which amended the Third Amended and Restated Loan and Security Agreement, dated as of October 24, 2017 (together with the exhibits and schedules thereto, the “Holdings Credit Facility”), by and among New Mountain Finance Holdings, L.L.C., as borrower, the Company, as collateral manager, Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent and swingline lender, the lenders party thereto from time to time, and Wells Fargo, as collateral custodian. Unless otherwise indicated, the terms used below have the meanings ascribed in the Tenth Amendment.

The Tenth Amendment amended the Holdings Credit Facility to modify the calculation of the Non-Usage Fee Rate that may be payable by the Company at various points during the term of the Holdings Credit Facility.

As of 2024-04-15, the Fund’s leverage was 57.2% and Debt Focused BDC Group leverage was 51.3%.