MONROE CAPITAL Business Summary

Monroe Capital Corp (MRCC) is a specialty finance business development company (BDC) that generates revenue primarily through interest income, fee income, and capital appreciation from its portfolio of private credit investments. The company focuses on providing customized financing solutions to lower middle-market companies in the U.S. and Canada, typically those with EBITDA between $3 million and $35 million. Its primary business segments consist of senior secured, unitranche, and junior secured debt, with a strategic emphasis on first-lien loans to ensure capital preservation. As of early 2026, MRCC is executing a significant strategic pivot involving the sale of its assets to Monroe Capital Income Plus Corporation and a subsequent merger with Horizon Technology Finance Corporation (HRZN). In the competitive landscape, MRCC operates alongside BDCs such as New Mountain Finance (NMFC), PennantPark Investment Corporation (PNNT), and Carlyle Secured Lending (CGBD), positioning itself as a middle-market specialist leveraging the broader origination platform of its affiliate, Monroe Capital LLC. The company was founded in 2004 by Theodore L. Koenig, who continues to serve as Chairman and Chief Executive Officer, bringing over 30 years of experience from roles at Hilco Capital and the law firm Holleb & Coff. The current executive leadership team includes Mick Solimene (Lewis W. Solimene Jr.) as Chief Financial Officer and Chief Investment Officer, who joined with a pedigree in alternative investing from Allstate Investments and Macquarie Capital, and Ronald A. Holinsky, who was appointed in January 2026 as Chief Compliance Officer, Chief Legal Officer, and Corporate Secretary following a senior tenure at Lincoln Financial. The board of directors features notable industry veterans such as Jeffrey Golman, Vice Chairman of Mesirow Financial, and Robert Rubin, Managing Principal of the Diamond Group. The firm is externally managed by Monroe Capital BDC Advisors, LLC, an affiliate of the parent asset manager Monroe Capital LLC, which oversees approximately $23.6 billion in assets under management.