You know, most firms, from our perspective, were not active during those time periods. They weren't traveling. They weren't going to see people in person. You know, we were to the extent we could.

May 9, 2025 / receipt, needs a key / Dwayne, other | earnings call 2025-05-09 | transcript 9b4aa43b-ce1c-406e-8091-67020bc439ad | chars 41276-41472 | segment 41

MAIN targets total operating expenses(1) as a percentage of average assets (Operating Expense to Assets Ratio) at or less than 2%

ir_statement / Sep 15, 2026 / receipt

An industry leading position in cost efficiency, with an Operating Expense to Assets Ratio of 1.3%(2)

ir_statement / Sep 15, 2026 / receipt

MAIN targets total operating expenses(1) as a percentage of average assets (Operating Expense to Assets Ratio) at or less than 2%

ir_statement / Sep 15, 2026 / receipt

Elimination of OR facility gives significant rent & utility savings

ir_statement / Sep 15, 2026 / receipt

Lower cost postal logistics freight

ir_statement / Sep 15, 2026 / receipt

More cost-efficient envelope procurement in midwest and east

ir_statement / Sep 15, 2026 / receipt

Most creative and back-office employees based in OR will be retained in a new office.

ir_statement / Sep 15, 2026 / receipt

Reduction of reliance on outsourcing volume with IL facility

ir_statement / Sep 15, 2026 / receipt

Savings in various duplicative departments

ir_statement / Sep 15, 2026 / receipt

MAIN has grown its LMM investment teams from four (4) in 2021 to seven (7) in 2026, with plans for additional significant growth in the number of LMM investments teams in the future

ir_statement / Sep 15, 2026 / receipt

Since 2021, MAIN has grown its LMM headcount by approximately 31% in order to manage and grow its LMM investment portfolio

ir_statement / Sep 15, 2026 / receipt

Committed to Growing Our LMM Team

ir_statement / Sep 15, 2026 / receipt