Good morning, everyone. I'm John Hannan, Vice-Chairman of the Board of Directors of MidCap Financial Investment Corporation. I would like to welcome all of you to the 2026 Annual Meeting of Stockholders and call the meeting to order. Joining me virtually today are the candidates for election to our Board of Directors, including Emanuel Pearlman and Tanner Powell. In addition, we're joined virtually by all our other directors and also Howard Widra, who is Executive Chairman of the Board, Ted McNulty, our President and Chief Investment Officer, Kenny Seifert, our Chief Financial Officer and Treasurer, Joseph Durkin, our Chief Accounting Officer, and Kristin Hester, our Chief Legal Officer and Secretary. Ryan Del Giudice, our Chief Compliance Officer, Douglas Hart of Deloitte & Touche LLP, the company's independent registered public accounting firm, and Peter Descovich of Broadridge, the Inspector of Elections. Kristin and Ryan have been appointed as proxies to vote the shares of all stockholders of the company who have authorized a proxy to be voted at this meeting. I will serve as secretary of the meeting. Before we begin the business of the meeting, I would like to discuss certain of the mechanics of conducting a meeting of stockholders. Stockholders have the opportunity to vote by proxy. Stockholders' proxies received in time to be voted at this meeting will be voted in accordance with the stockholder's instruction, together with any votes cast electronically by stockholders during the meeting. We ask that any stockholder who wishes to address the meeting to do so by submitting text questions to today's presenters by typing your questions in the Ask A Question field located on your screen. To submit a question during the virtual meeting, you must have registered to attend the meeting as either a stockholder of record as of April 22nd, 2026, or a person named in the proxy given by such a stockholder and have logged into the meeting using the link provided to you with your confirmation of registration. When submitting a question, please limit your question topic to the specific matter up for discussion. The meeting of stockholders also offers stockholders an opportunity to ask questions about the company. After the formal meeting is concluded, there will be an opportunity for informal questions and discussions. Before we begin the formal portion of our meeting, Kristin, would you bring to the stockholders' attention our customary safe harbor disclosure regarding forward-looking statements? Thank you, John. Today's meeting may include forward-looking statements and projections. We ask that you refer to our most recent filings with the SEC for important factors that could cause actual results to differ materially from such statements or projections. We do not undertake to update our forward-looking statements unless required by law. To obtain copies of our latest SEC filings, please visit our website at www.midcapfinancialic.com or call us at 212-515-3200. At this time, I'd like to turn the meeting back to our Vice-Chairman, John Hannan. Thank you, Kristin. Before we consider the proposals, I would like to proceed with the formalities of the meeting. The Board of Directors fixed the close of business on April 22nd, 2026, as the record date for purposes of this meeting. I will file copies of the following documents with the minutes of this meeting. Copies of the notice of this meeting, proxy statement, proxy card, and Form 10-K, and an affidavit certifying the mailing or distribution of such proxy materials on or about April 30th, 2026, to all stockholders of record as of the record date for this meeting. Kristin has informed me that no notice has been properly received regarding business to be considered at this meeting, other than the proposals presented in the company's proxy statement. As of the close of business on the record date, April 22nd, 2026, there were 82,372,628 shares of the company's common stock outstanding. I now request the Inspector of Elections to ascertain and to submit a report as to the number of shares of the company that are represented at this meeting by live webcast or proxy. The Inspector of Elections has advised us that there are represented today in live webcast or by proxy, the holders of at least 72% of the shares outstanding, which constitutes more than a majority of the votes entitled to cast at this meeting. I therefore declare a quorum is present for the conduct of business. Accordingly, we can proceed with the formal proposals. You will have the opportunity to vote electronically on all matters presented at this meeting. Any stockholder of record or registered proxyholder of stockholder of record who wishes to vote electronically should do so at the appropriate time by clicking the Vote Here button on your screen. The first matter for consideration is the election of directors. Each Class I director nominee, if elected, shall hold office until the annual meeting of stockholders in 2029 and until a successor is duly elected and qualified. On behalf of the Board of Directors, I confirm that the following persons have been nominated for election as directors of MidCap Financial Investment Corporation, Emanuel Pearlman and Tanner Powell. The second matter for consideration is the ratification of the appointment of Deloitte & Touche LLP to serve as the company's independent registered public firm for fiscal year ending December 31, 2026. Elizabeth, are there any questions regarding the proceeding two proposals? No, there are no questions submitted regarding the foregoing proposals. Any stockholder who wishes to vote electronically at this time should do so by clicking the Vote Here button on your screen. It appears that all the votes have been cast. I therefore declare the polls closed. According to the preliminary report of the Inspector of Elections that has been provided to me, Emanuel Pearlman and Tanner Powell have been elected as directors of the company, and the appointment of Deloitte & Touche LLP has been ratified. Details regarding the number of shares that voted in favor of and against each proposal will be provided in a current report on Form 8-K, which we will file with the SEC. This completes the formal business of the meeting, and I therefore declare the meeting adjourned. With the adjournment of the meeting, we can now open it up to questions. As a reminder, if you wish to ask a question, please submit your question by typing your question into the Ask a Question field located on your screen. If you have a matter of individual concern, which is not an appropriate subject for general discussion, please submit text questions by typing your question in the Ask a Question field located on your screen, and make sure to include your contact information, and someone from MidCap Financial Investment Corporation will contact you following this meeting. Elizabeth. Our first Do we have questions? Yes. Our first question was submitted by Mark Zashin, the question is, "How does the company handle mark-to-market? Okay. Our CFO, Kenny Seifert, will handle that question. Kenny? Morning. Thanks, John and Elizabeth. MFIC handles mark-to-markets, as does most BDCs required to carry their portfolio investments at fair value under the 1940 Act. BDCs must value their assets using this fair value methodology under ASC 820, which is GAAP. All registered funds report and value their assets using that guidance. Like most BDCs, much of our book at MFIC is comprised of illiquid loans where there are rarely observable market prices. Most of our holdings sit in the Level 2 or Level 3 category under the fair value hierarchy. With that, MFIC values its portfolio on a quarterly basis. We start with an internal process where we go through and value internally, and then it's corroborated with an independent third-party mark. We utilize about five valuation firms for this process. With that, hopefully we've answered the question. Thank you, Kenny. Are there any other questions, Elizabeth? There are no additional questions at this time. Okay, since there are no more questions, on behalf of MidCap Financial Investment Corporation, we thank you for attending and hope to see you at next year's annual meeting. Thank you very much. The meeting is closed. This concludes today's meeting. You may now disconnect.