Hercules Capital Celebrates 20th Anniversary with $20.0 Billion in Cumulative Originations - Seite 2

• Over 110 full-time employees with offices in eight states and two countries
• Nearly 50% of our senior leaders, which includes our managing directors on the investment team and senior executives, are women or people of diverse ethnic backgrounds
• 50+ member origination team, led by individuals with an average of 10+ years industry experience

Strong and stable balance sheet supports continued platform growth

• Four investment grade corporate ratings – Fitch, Moody’s, KBRA and DBRS
• Inclusive of the Adviser Funds managed by Hercules Adviser LLC, its wholly-owned subsidiary, Hercules had over $1.0 billion of available liquidity as of year-end 2023
• GAAP leverage of 87.1% and regulatory leverage of 77.4% as of year-end 2023

Delivering solutions for growth stage companies and their institutional investors

• Record full-year 2023 total gross fundings of $1.6 billion on gross new debt and equity commitments of $2.17 billion
• 32 new portfolio companies funded in 2023 bringing the current portfolio to 125 active loan portfolio companies as of year-end 2023
• 2023 average deal size: $46.0 million
• 2023 deal size range: $3.7 million to $150.0 million

Commitment to delivering strong, consistent Total Shareholder Returns (TSR)

• 75 consecutive quarters and $1.87 billion in dividends paid since IPO in June 2005
• HTGC has traded at a premium to net asset value for 98.4% of the trading days in the past 10 years (ending 3/31/24)
• Internally managed structure aligned to maximize total shareholder returns
• In addition to the regular quarterly base distribution, 14 consecutive quarters paying a supplemental distribution to shareholders (ending 3/31/24)
• A 112.4% TSR over the last 5 years as of year-end 2023

Note: All figures represented herein are from October 2004 and as of April 23, 2024 unless otherwise noted

About Hercules Capital, Inc.

Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology, life sciences and sustainable and renewable technology industries. Since inception (December 2003), Hercules has committed over $20.0 billion to over 650 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact [e-mail], or call 650.289.3060.