MidCap Financial Investment Corp

Rule 10b5-1 Trading Plans

During the fiscal year ended December 31, 2024, none of our directors or executive officers adopted orterminated any contract, instruction or written plan for the purchase or sale of our securities to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”

Bethesda CLO 2

On February 24, 2025, the Company completed a $529.6 million term debt securitization (the “Bethesda CLO 2”), a form of secured financing incurred by MFIC Bethesda CLO 2 LLC (the “Bethesda CLO 2 Issuer”), an indirect wholly owned, consolidated subsidiary of the Company. The notes offered by the Bethesda CLO 2 Issuer in connection with the Bethesda CLO 2 consist of $304.5 million of AAA(sf) Class A-1 Senior Secured Floating Rate Notes due 2037, which bear interest at the three-month SOFR plus 1.48%, $21.0 million of AAA(sf) Class A-2 Senior Secured Floating Rate Notes due 2037, which bear interest at three-month SOFR plus 1.70%, $31.5 million of AA(sf) Class B Senior Secured Floating Rate Notes due 2037, which bear interest at three-month SOFR plus 1.85%, $42 million of A(sf) Class C Senior Secured Floating Rate Notes due 2037, which bear interest at three-month SOFR plus 2.30%, $31.5 million of BBB-(sf) Class D Senior Secured Floating Rate Notes due 2037, which bear interest at three-month SOFR plus 3.75% and $99.1 million of Subordinated notes due 2125, which do not bear interest. The Bethesda CLO 2 is backed by a diversified portfolio of middle-market commercial loans, which the Bethesda CLO 2 Issuer purchased from the Company pursuant to a loan sale agreement entered into on the closing date of the Bethesda CLO 2 using the proceeds of the Bethesda CLO 2. The Company retained all Class D Notes and all Subordinated Notes and the proceeds from the Bethesda CLO 2 were used to repay borrowings under the Company’s Facility. The Company serves as collateral manager to the Bethesda CLO 2 Issuer, Citigroup Global Markets Inc. acted as initial purchaser and Apollo Global Securities, LLC acted as placement agent.