New Mountain Finance Corporation announced that on December 8, 2023, its board of directors declared a special distribution of the Company?s excess undistributed taxable income. The special distribution will be in the amount of $0.10 per share payable on December 29, 2023 to shareholders of record as of December 22, 2023. The special distribution is driven primarily from the gain realized on investment in Haven Midstream Holdings LLC, which, due to unique circumstances, was treated as taxable ordinary income.

Regulated investment company rules require distribution of at least 90% of annual ordinary taxable income. This special distribution is being made to enable NMFC to comply with this requirement.