|Bank of America Merrill Lynch||Derek Hewett|
|Compass Point Research & Trading, LLC||Casey Alexander|
|Keefe, Bruyette & Woods||Ryan Lynch, CFA, CPA|
|Janney Montgomery Scott||Mitchel Penn, CFA|
|JMP Securities||Christopher York|
|National Securities||Christopher R. Testa|
|Raymond James||Robert J. Dodd, PhD|
Barings BDC, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Barings BDC, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Barings BDC, Inc. or its management. Barings BDC, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.