Name: OFS Capital Corp Commitments Disclosure
Creator: OFS Capital Corp
License: https://creativecommons.org/publicdomain/mark/1.0/

Commitments and Contingencies

The following table shows the Company’s outstanding commitments to fund investments in portfolio companies as of December 31, 2025:

Portfolio Company

Investment Type

Commitment

12 Interactive, LLC (D/B/A PerkSpot)

First Lien Debt (Revolver)

660

Associated Spring, LLC

First Lien Debt (Delayed Draw)

1,483

Avison Young Inc.

First Lien Debt (Delayed Draw)

Boca Home Care Holdings, Inc.

First Lien Debt (Revolver)

1,065

Clevertech Bidco, LLC

First Lien Debt (Revolver)

182

Envocore Holding, LLC (F/K/A LRI Holding, LLC)

First Lien Debt (Revolver)

2,569

Honor HN Buyer Inc.

First Lien Debt (Revolver)

328

Honor HN Buyer Inc.

First Lien Debt (Delayed Draw)

3,062

Integrated Energy Services, LLC

First Lien Debt (Delayed Draw)

300

Integrated Energy Services, LLC

First Lien Debt (Revolver)

150

Medrina LLC

First Lien Debt (Revolver)

319

PSB Group, LLC

First Lien Debt (Revolver)

653

SS Acquisition, LLC

First Lien Debt (Revolver)

1,286

SSJA Bariatric Management LLC

First Lien Debt (Delayed Draw)

157

Tolemar Acquisition, Inc.

First Lien Debt (Revolver)

978

13,226

In accordance with ASC 820, the Company considers undrawn amounts in the determination of fair value on its revolving lines of credit and delayed draw term loans. As of December 31, 2025, the Company had cash and cash equivalents of $3,359 and an unused commitment of $20,500 under its Banc of California Credit Facility, which is subject to a borrowing base and other covenants, to fund these outstanding commitments to portfolio companies.

The following table shows the Company’s outstanding commitments to fund investments in portfolio companies as of December 31, 2024:

Portfolio Company

Investment Type

Commitment

Associated Spring, LLC

First Lien Debt (Delayed Draw)

1,724

Boca Home Care Holdings, Inc.

First Lien Debt (Revolver)

1,290

Clevertech Bidco, LLC

First Lien Debt (Revolver)

294

Envocore Holding, LLC (F/K/A LRI Holding, LLC)

First Lien Debt (Revolver)

1,670

Honor HN Buyer Inc.

First Lien Debt (Revolver)

664

Honor HN Buyer Inc.

First Lien Debt (Delayed Draw)

5,000

Kreg LLC

First Lien Debt (Revolver)

1,337

Medrina LLC

First Lien Debt (Revolver)

319

Medrina LLC

First Lien Debt (Delayed Draw)

447

SS Acquisition, LLC

First Lien Debt (Revolver)

1,786

Tolemar Acquisition, Inc.

First Lien Debt (Revolver)

515

Voya CLO 2024-7, Ltd.(1)

Subordinated Notes

3,704

18,750

(1) Represents a primary market new issue trade that was recorded in January 2025 upon the closing and issuance of the security.

Legal and regulatory proceedings: From time to time, the Company is involved in legal proceedings in the normal course of its business. Although the outcome of such litigation cannot be predicted with any certainty, management is of the opinion, based on the advice of legal counsel, that final disposition of any litigation should not have a material adverse effect on the financial position of the Company as of December 31, 2025.

Additionally, the Company is subject to periodic inspection by regulators to assess compliance with applicable BDC regulations.

Indemnifications: In the normal course of business, the Company enters into contracts and agreements that contain a variety of representations and warranties that provide general indemnifications. The Company’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Company that have not yet occurred. The Company believes the risk of any material obligation under these indemnifications to be low.

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Historical Timeline

Fiscal Year	Filed
2025	Mar 3, 2026	Showing above
2024	Mar 4, 2025

2023	Mar 5, 2024

2022	Mar 3, 2023

About Commitments Disclosures

Commitments and contingencies disclosures catalog a company's off-balance-sheet obligations and legal exposures — purchase commitments, guarantee arrangements, pending litigation, and regulatory proceedings. These items represent potential future cash outflows that may not appear as liabilities on the balance sheet until they become probable and estimable.

Key signals: litigation reserves and disclosed loss ranges quantify management's estimate of legal exposure, but unquantified "reasonably possible" losses often represent the larger risk. Watch for changes in language around pending cases — shifts from "remote" to "reasonably possible" or increases in estimated loss ranges signal deteriorating outcomes. Unconditional purchase obligations and take-or-pay contracts create fixed cost structures that reduce operational flexibility. Guarantee arrangements for subsidiaries or joint ventures can create cascading obligations. Compare the total commitment schedule against projected free cash flow to assess whether the company can meet its obligations without additional financing.

OFS Capital Corp Commitments Disclosure

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