Phenixfin Corporation · NASDAQ:PFX

Phenixfin — Medley Capital — Proxy Contest (May 2019)

13 slides from Phenixfin's proxy contest presentation, May 2019

  1. Slide 1: Your Vote Is Important

    Your Vote Is Important Vote “FOR” MCC’s highly qualified director nominees on the WHITE Proxy Card or by Phone: Toll Free 844-885-0176 May 2019

  2. Slide 2: Annual Meeting Information

    Annual Meeting Information Your vote is important no matter how many shares you own! • Date: June 4, 2019 • Time: 12:00 p.m., Eastern Time • Location: Eversheds Sutherland (US) LLP 1114 Avenue of the Americas, 40th floor New York, New York 10036 • Voting deadline : June 3, 2019 at 11:59 p.m. (Easter

  3. Slide 3: Vote For MCC's Nominees

    Vote For MCC’s Nominees MCC nominees possess deep institutional knowledge of the BDC space and credit markets. Their expertise is critical for the long term success of MCC and to drive value for shareholders • Arthur S. Ainsberg currently serves as an independent director and is a member of the Spec

  4. Slide 4: MCC's Board Nominees are the Right Choice

    MCC’s Board Nominees are the Right Choice Arthur Ainsberg and Seth Taube, as well as MCC’s Board and Special Committee, unanimously support implementing an open and fair Go-Shop process to maximize shareholder value • MCC’s Board of seven directors, including four independent directors, has the righ

  5. Slide 5: NexPoint is Highly Conflicted

    NexPoint is Highly Conflicted Special Committee, led by Mr. Lorber, unanimously supports pursuit of a open and fair Go-Shop process that is not skewed toward any one manager seeking a transaction with MCC • The addition of NexPoint nominees is not warranted at this time - Two investor nominees (desi

  6. Slide 6: NexPoint Affiliates Have a Concerning Record

    NexPoint Affiliates Have a Concerning Record There have been numerous regulatory actions, court cases, and press articles regarding NexPoint and its Highland affiliates • Court Case: “Redeemer Committee of the Highland Crusader Fund v. Highland Capital Management LP v. House Hanover, LLC and Alvarez

  7. Slide 7: Board and Corporate Governance

    Board and Corporate Governance 7

  8. Slide 8: Vote For Arthur S. Ainsberg

    Vote For Arthur S. Ainsberg Mr. Ainsberg has extensive experience in the financial services industry and a deep understanding of public and financial accounting matters for financial services companies Professional Experience: Mr. Ainsberg has over 40 years of experience in the financial services in

  9. Slide 9: Vote For Seth Taube

    Vote For Seth Taube Mr. Taube has broad and extensive experience in asset and credit management and finance industries Professional Experience: Mr. Taube has served as Chief Executive Officer and Chairman of the board of directors of Sierra Income Corporation, a non-traded BDC, since its inception o

  10. Slide 10: MCC's Board Nominees are the Right Choice

    MCC’s Board Nominees are the Right Choice MCC’s current board of seven directors has the right mix of relevant skills and experience • Includes two newly appointed independent directors - Both new directors serve on the reconstituted Special Committee - One new director serves as lead independent di

  11. Slide 11: Contact Information

    Contact Information Corporate Headquarters Corporate Counsel Alliance Advisors 280 Park Avenue, 6th Floor East EVERSHEDS SUTHERLAND 200 Broadacres Drive, 3rd Floor New York, NY 10017 Washington, DC Bloomfield, NJ 07003 (212) 759-0777 Investor Relations Independent Registered Public If you have any q

  12. Slide 12: Important Notices

    Important Notices Important Information and Where to Find It In connection with MCC’s 2019 Annual Meeting of Stockholders (the “Annual Meeting”), MCC has filed with the Securities and Exchange Commission (the “SEC”)a proxy statement on Schedule 14A (the “Proxy Statement”). The Proxy Statement was fi

  13. Slide 13: Important Notices

    Important Notices This presentation contains “forward-looking” statements, including statements regarding the Annual Meeting and the proposed mergers of MCC, Sierra and MDLY. Such forward-looking statements reflect current views with respect to future events and financial performance, and MCC may ma

Medley Capital — Proxy Contest (May 2019) on 6ix