Runway Growth Finance Corp. · NASDAQ:RWAY
Runway Growth Finance — Corporate Update (July 2026)
10 slides from Runway Growth Finance's corporate update, Jul 14, 2026
Slide 1: Business and Capital Allocation Update
Business and Capital Allocation Update NASDAQ Listed I RWAY I RWAYL I RWAYI I SWKHL Website runwaygrowth.com Date July 14, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation dated July 2026 is being provided by Runway Growth Finance Corp. (“Runway Growth” or the “Company”) for discussion purposes only and is neither an offer to sell, nor a solicitation of an offer to purchase, an interest in the Company. It is solely intended
Slide 3: Overview & Key Themes
Overview & Key Themes Capital Commitment Reinforces Shareholder Alignment We believe the current share price does not reflect Runway’s underlying fundamentals and shareholder-focused capital allocation $15M Share Repurchase Underway Common shares currently trade at a ~25% dividend yield2 Adviser and
Slide 4: Insiders’ Commitment to Purchase Shares & Ongoing Company Share Repurchase
Insiders’ Commitment to Purchase Shares & Ongoing Company Share Repurchase up to 10% The program will begin when the blackout period ends following the Company’s second quarter 2026 earnings release on August 6, 2026 Share purchases executed through various methods including 10b5-1 program, open mar
Slide 5: Stable Dividend Outlook
Stable Dividend Outlook Anticipate greater than 100% coverage on annual base dividend $0.66 Dividend/share paid year-to date $1.32 Expected full-year base dividend ~25% Dividend yield on market price1 ~11% Dividend yield to 3/31/26 NAV As of 7/10/2026
Slide 6: Current Market Price Implies Realized Losses Are More Than 8x Historical
Current Market Price Implies Realized Losses Are More Than 8x Cumulative Realized Credit Losses Since Inception Historical Performance – The Facts1 Category 5: 0% recovery Category 4: 0% recovery Category 3: 39% recovery Implies a 7.22%3 credit loss rate vs a historical credit loss rate of 0.88%1, a
Slide 7: Portfolio Valuations Independently Validated & Consistently Realized
Portfolio Valuations Independently Validated & Consistently Realized Broad Third-Party Review1 Backtesting Demonstrates Accuracy2,3 Third-party review, backtesting consistency, and internal independence support the reliability of our fair value marks. Fair value marks tracked exit values within 0.2%
Slide 8: 91% of the portfolio has a weighted average risk rating of 3 or better
1 2 3 4 5 RUNWAY 91% of the portfolio has a weighted average risk rating of 3 or better 1–5 scale; lower number reflects higher credit quality Category 3 = enhanced monitoring, not impaired credit What Moves a Loan into Category 3 Performance weakens relative to the underwriting plan Borrower trends
Slide 9: Runway’s Approach to Software
Runway’s Approach to Software The Software metrics represent Application Software and Systems Software and exclude Technology, Hardware, & Equipment. Excludes Blueshift non-accrual Incorporates the assets acquired in the SWK acquisition % of Total Portfolio 34% % of Total Debt Portfolio 37% FV as a
Slide 10: Strategic & Financial Benefits of the Acquisition of SWK Holdings
Strategic & Financial Benefits of the Acquisition of SWK Holdings Acquisition Highlights Debt Portfolio Companies Enhances diversity across borrowers and sectors ~$0.05 (14%) Quarterly NII / Share Accretion2 Growth in Yielding Assets Expands income generating capacity Diversification Larger platform