CFO VCARD VCARD Darice Bochniak CFO Darice Bochniak is the CFO at Mizzen Capital. Prior to joining Mizzen, she was the Director of Operations and Tax at a leading alternative capital provider in the shipping industry, Northern Shipping Fund Management LLC until the firm was acquired by Hudson Structured Capital Management Ltd. Ms. Bochniak was the Controller and Compliance Manager at FE Clean Energy Group Inc for ten years, where she was responsible for the corporate and fund accounting, budgeting, tax and reporting including investor reporting. Ms. Bochniak was also responsible for implementing and maintaining all accounting and compliance policies along with internal controls & procedures as well as Registered Investment Advisor filings with the SEC. She has more than 25 years of experience in corporate and fund accounting. Prior to FE Clean Energy, Ms. Bochniak was the Controller with Weston Capital Management LLC, where she was responsible for the firm’s corporate and fund accounting of Hedge Fund of Funds which had an AUM of over $2.7 billion. She also worked as a Senior Accountant for Oak Investment Partners preparing valuations of partnership investments as well as fund performance analysis. Ms. Bochniak also worked for several public accounting firms including KPMG Peat Marwick, LLP. Ms. Bochniak is earning her Master‘s in Taxation (thesis pending) from the University of New Haven and a Bachelor’s degree in Accounting from the University of Rhode Island.

Managing Partner VCARD VCARD Marilyn Adler Managing Partner Ms. Adler is a founder and Managing Partner at Mizzen Capital. Prior to launching Mizzen Capital, Ms. Adler held senior management roles with SBIC investment funds including Medley SBIC LP, Sunrise Equity Partners LP and Hudson Venture Partners LP. Prior to that, she worked at Teachers Insurance and Annuity Association in the fixed income group and at Donaldson, Lufkin & Jenrette in the investment banking division. Ms. Adler is also on the investment committee of Yeshiva University and is a founder of Exponent Women, a woman’s networking group. M&A magazine has named Ms. Adler one of the Most Influential Women in Mid-Market M&A for 11 consecutive years (2016–2026). She was also named ACG’s Women of Leadership awardee for 2018. Ms. Adler is a board member of UJA’s private equity division, banking & finance division and women of wall street division. Previously, Ms. Adler was a Board Member of the SBIA Board of Governors (2014 to 2019) and chair of its BDC committee (2015 to 2017). Ms. Adler earned an MBA from The Wharton School of the University of Pennsylvania and a BS with distinction from Cornell University.

Mizzen Capital primarily invests debt into U.S. based lower middle market companies. About Mizzen Capital provides flexible debt solutions to U.S. lower middle market companies, structuring capital to meet each company's specific growth and operational objectives. We maintain rigorous transparency standards and align our interests with management teams to create sustainable value for all stakeholders. We serve as fiduciaries to our clients, deploying capital that strengthens middle-market companies and supports the livelihoods of their employees, suppliers, and communities across America. Our Team Marilyn Adler Managing Partner Liddy Karter Managing Partner Annie Li Managing Director Strategy A company's success is our success. Our interests must be aligned and our commitments to each other must be clear and achievable. Investment Characteristics Targeting companies with EBITDA of $1M to $15M Emphasis on business models with free cash flows, recurring revenues and lower capex and consistent historical financial performance Strong, Experienced Management team with demonstrated commitment to success Defensible industry leadership or distinguished market niche Growing market with fundamental value proposition Asset base or reliable cash flows to support loans. Located in the United States or its territories Industry Sectors Manufacturing Industrial Business Services Healthcare Services Information Technology Software Energy Transition Transaction Structures Senior Secured First Lien, Senior Secured Second Lien, Mezzanine With Warrants and Equity Co-Investment. Under 4x leverage Use of Proceeds: Including but not limited to providing working capital, recapitalizations, acquisitions, and growth Investment Size can range up to $30M, larger loans will be syndicated. Smaller transactions will be considered if they are integral to a larger relationship Download Mizzen Deal Flyer Mizzen Philosophy and ESG Impact Mizzen employs ESG approach to investing The success of Mizzen Management, LLC (“Mizzen”) depends on the success of our portfolio companies, our investors, our colleagues and our communities and we consider all of them in our decisions. Small businesses provide the vitality and foundation of communities and Mizzen is dedicated to supporting the growth of small U.S. based businesses. Mizzen is a women-owned SBIC fund with a diverse and inclusive team that connects us to diverse ownership teams seeking investment. Mizzen: Value honesty and integrity in everything we do. Strive to act responsibly and to communicate clearly. Build long term relationships based on trust and respect. Empower our team and companies with aligned goal. Mizzen commits to U.N. PRI Incorporate ESG issues into our investment analysis and decision-making processes. Be active owners and incorporate ESG issues into our ownership policies and practices. Seek appropriate disclosure on ESG issues by the entities in which we invest. Promote acceptance and implementation of the Principles within the investment industry. Work together to enhance our effectiveness in implementing the Principles. Report on our activities and progress towards implementing the Principles Mizzen is committed to uphold the U.N. principles of responsible investing (“U.N. PRI”) in the following manner: Download Mizzen Impact Report 2021 2022 2023 2024 2025 Current Portfolio Filter By Industry An Electric Grid Infrastructure Services Provider $6,065, 217 Aug 31, 2026 Term Loan and Equity Globe An Iron Castings Manufacturer   $9,000,000 Apr 30, 2026 Term Loan Globe A Commercial Landscaping Platform $9,700,000 Jul 15, 2026 Term Loan and Equity Globe A Multi‑State Landscaping Services Platform $13,000,000 Mar 19, 2026 Term Loan $14,200,000 Aug 13, 2026 Globe A Water Infrastructure Distributor  $5,650,000 May 14, 2026 Term Loan and Equity Globe A HVAC and Plumbing Platform $8,250,000 Apr 1, 2026 Term Loan and Equity Globe A Precision Tooling Manufacturer   $4,000,000 May 7, 2026 Term Loan Globe A Recycling Services Company $11,000,000 Feb 20, 2026 Term Loan $2,500,000 Mar 30, 2026 Globe View More Insights Lower Leverage Reinforces Capital Preservation August 14, 2026 Mark as Starred Smaller Borrowers Default Less July 27, 2026 Mark as Starred In a Market Digesting Risk, Mizzen Management LLC (“Mizzen”) Delivers Resilient Alpha December 2, 2025 Mark as Starred Mizzen Management LLC (“Mizzen”) Defies Market Slowdown: Record $80M Deployment Sets Pace for Private Credit Growth November 21, 2025 Mark as Starred The Fed’s rate cut leads to lower yields and higher borrower quality and spreads remain steady. November 11, 2025 Mark as Starred Thinking Small: How Mizzen Capital Captures Premium Returns in Private Credit's Next Era September 12, 2025 Mark as Starred View More Mizzen News Mizzen Capital Provides Follow-on Term Loan to support the add on acquisition of a Towing Company Sep 21, 2026 Mark as Starred Mizzen Funds Completes Financing for an Electric Grid Infrastructure Services Provider Sep 11, 2026 Mark as Starred Mizzen Capital Provides Incremental Financing to Support an Add-On Acquisition for Landscape Service Company Aug 18, 2026 Mark as Starred Mizzen Funds Completes Financing of a Commercial Landscaping Platform Jul 17, 2026 Mark as Starred Mizzen Fund Provides Incremental Financing to Support an Add-On Acquisitions for a Diversified Trade Services Platform Jul 8, 2026 Mark as Starred View More