Board of Directors

Mr. Baron is a Director, member of the Company's Audit Committee, member of the Governance and Compensation Committee and the Joint Transactions Committee.. Mr. Baron was the Managing Member of Crystal Ridge Partners, LP, a New Jersey based private equity firm. Prior to joining Crystal Ridge Partners, Mr. Baron was a Senior Partner of JP Morgan Partners, LP, a global private equity firm, and its predecessors. Prior to joining the private equity unit in 1995, Mr. Baron previously held senior management positions in banking and investment banking with JP Morgan and its predecessors. In addition to serving on the board of a number of not-for-profit organizations, Mr. Baron was the Managing Member for Crystal Ridge Partners. Mr. Baron continues as an owner of Big Rock Sports, a leading distributor of hunting and fishing products in North America and served as a director of Big Rock Sports from 2000 to 2021. Mr. Baron is currently an owner and director of Rufus Aviation Fund/BIAero, an aerospace parts business and a director of Data Metrics Technologies, LLC, a proprietary software application company that identifies, reads and cleanses data exported from disparate ERP systems and other data sources. From 2008 to 2019, Mr. Baron was a director of Bronco Manufacturing, a leading manufacturer of spare parts for oil and gas drillings rigs. Mr. Baron received a BS from Lehigh University, an MBA from Fordham University and he completed the Management Corporate Finance program at Harvard University.

Member of the Audit Committee
Member of the Joint Transactions Committee
Member of the Governance and Compensation Committee

Mr. Draut serves as the Company’s Lead Independent Director, and is a member of the Audit Committee, Governance and Compensation Committee, and the Joint Transactions Committee. The Board benefits from Mr. Draut's nearly thirty-year career in accounting and finance. Mr. Draut completed a twenty-year career at Kemper Corporation (formerly Unitrin, Inc.) in 2010, serving the last nine years as Executive Vice President, Chief Financial Officer and a member of its board of directors. Mr. Draut also held positions at Kemper Corporation as Group Executive, Treasurer and Corporate Controller. Prior to joining Kemper Corporation, Mr. Draut was Assistant Corporate Controller at Duchossois Industries, Inc. and at AM International, Inc. Mr. Draut began his career at Coopers and Lybrand (now PricewaterhouseCoopers LLP). Mr. Draut is a Certified Public Accountant, received an M.B.A. in finance and operations from J.L. Kellogg Graduate School of Management at Northwestern University and a B.S. in accountancy from the University of Illinois at Urbana-Champaign, graduating with High Honors. Until September 2013, Mr. Draut served as a Director and Chairman of the audit committee of Intermec. In February 2015, Mr. Draut was appointed to the Board of Thrivent Financial for Lutherans, a registered investment adviser and Fortune 500 Company, and is the chair of the Audit and Finance Committee and serves on the Investment Committee of the Board. In February 2015 Mr. Draut was also appointed to the Board of Holy Family Ministries, operator of Holy Family School, where he served as the Interim Chief Executive Officer from 2017 to 2018 and currently serves as chair of the board. Since August 2022, Mr. Draut has served as a trustee of the ELCA Foundation. Mr. Draut volunteers with Lutheran Social Services of Illinois where he currently serves as chairman emeritus of the Board of Directors and recently served as Executive Chairman of its Board of Directors. Mr. Draut is also a National Association of Corporate Directors Fellow.

* Lead Independent Director
Member of the Audit Committee
Member of the Joint Transactions Committee
Member of the Governance and Compensation Committee

Ms. Leets is a Director, member of the Company's Audit Committee, member of the Governance and Compensation Committee and the Joint Transactions Committee. Ms. Leets is Senior Vice President and Treasurer of Baxter International, Inc., a multinational healthcare company. Ms. Leets previously served as Assistant Treasurer of Google LLC. From 2013 to 2017, Ms. Leets was a Vice President and Treasurer of Kimberly-Clark Corporation. Prior to joining Kimberly-Clark, Ms. Leets worked in treasury roles at McDonald’s Corporation and USG Corporation. Ms. Leets began her career as a public accountant at Coopers & Lybrand (now PricewaterhouseCoopers LLP), where she worked for eight years. Ms. Leets is a Certified Public Accountant in Illinois and earned a B.S. in Accounting and an MBA from Indiana State University Scott School of Business.

Member of the Audit Committee
Member of the Joint Transactions Committee
Member of the Governance and Compensation Committee

Ms. Petro is a Director, Chair of the Company’s Governance and Compensation Committee, Audit Committee member and Joint Transactions Committee member. Ms. Petro is an independent consultant providing advice for lenders in the specialty commercial and consumer finance sectors. Ms. Petro currently serves as a Director of Ready Capital Corporation. She served as Managing Director and Group Head of the Specialty Commercial Finance Group of Waterfall Asset Management from June 2018 through February 2020. Ms. Petro served as a consultant for Waterfall Asset Management from March 2020 through February 2023. Ms. Petro previously worked at Wells Fargo Capital Finance from December 2000 to December 2017 as the Executive Vice President and Group Head of the Lender Finance Division and Supply Chain Finance Division. Ms. Petro currently serves as a member of the MS Finance Advisory Board of the McCombs School of Business at the University of Texas at Austin. She also served as the President of the Commercial Finance Association from 2016 to 2017 and previously served as a member of the Secured Finance Foundation board of directors from 2000 to 2022. Ms. Petro holds a Master of Business Administration degree in finance from the McCombs School of Business at the University of Texas and a Bachelor of Arts degree with a concentration in Russian and Soviet Studies from Kent State University.

Member of the Audit Committee
Member of the Joint Transactions Committee
Chair of the Governance and Compensation Committee

Mr. Tseng, Managing Director of BlackRock, Inc., is the Chief Executive Officer (“CEO”), a Director and the Chairman of the Board of BlackRock TCP Capital Corp. (“TCPC”) and BlackRock Direct Lending Corp (“BDLC”). Mr. Tseng also serves as the CEO of BlackRock Private Credit Fund. Mr. Tseng also serves as the Co-Chief Investment Officer (“CIO”) for each BDC.

Prior to joining BlackRock, Mr. Tseng was a Managing Partner at TCP, where he was also a member of the Management Committee. Prior to joining TCP, Mr. Tseng was a member of the Credit Suisse First Boston technology investment banking group focusing on technology and business services. While at CSFB, he advised on and executed M&A, public and private equity and structured debt transactions for a broad range of small and large cap companies. He also spent time covering technology services companies as an equity research analyst. Prior to that, he spent time in investment banking at Deutsche Banc Alex Brown. Mr. Tseng currently serves as a Director on the board of the California Science Center Foundation, and previously served as a Director on the boards of First Advantage, Connexity Inc., and Anacomp, Inc.

• M.B.A. from the Harvard Business School
• B.A. (honors) in Economics from Harvard College

Ms. Usifer is a Director, Chair of the Company's Audit Committee, member of the Governance and Compensation Committee and the Joint Transactions Committee. Since 2018, Ms. Usifer has served as a Director for PC Construction. Ms. Usifer was a member of the Green Mountain Care Board, a regulatory board appointed by the Governor in Vermont responsible for approving hospital budgets, insurance rates and capital projects, from 2017 to 2021. Ms. Usifer served as CFO of Seventh Generation Inc., a distributor of its brand of household and personal care products, from 2012 to 2016. From 1996 to 2012, Ms. Usifer served in various roles with Church & Dwight, a major producer of baking soda and consumer products. Ms. Usifer served as Vice President of Investor Relations, Senior Finance Director, Divisional CFO and controller during her tenure at Church & Dwight. Ms. Usifer received an undergraduate degree in business from St. Michael’s College and an M.B.A. in Finance from Clarkson University.

Chair of the Audit Committee
Member of the Joint Transactions Committee
Member of the Governance and Compensation Committee

Mr. Vig is a member of Blackrock's Global Private Debt Platform. From September 2021, through November 6, 2024, Mr. Vig served as CEO and Chairman of TCPC. Mr. Vig will continue to serve as a Director through January 31, 2025.

Prior to joining BlackRock, Mr. Vig was a Managing Partner at Tennenbaum Capital Partners (TCP), where he was also Chairman of the Investment Committee and a member of the Management Committee. Prior to TCP, Mr. Vig held roles within Investment Banking, Debt Capital Markets and the Structured Solutions Group at Deutsche Bank Securities from 1999 through 2006.

He currently chairs Blackrock Private Credit's Investment Committee and is a member of the Credit Oversight Committee. He also serves on the Los Angeles Board of the Posse Foundation.

• M.B.A. in Finance from New York University
• B.A. (magna cum laude) in Economics from Connecticut College