Company: NMFCZ
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001140361-25-012061
Chunk: 23

Company: New Mountain Finance Corp
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 23
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     | —            |     |          $137,000 |     |            — |     |     $137,000 |
| Barbara Daniel        |     |       $137,000 |     |            — |     | —            |     |          $157,667 |     |            — |     |     $157,667 |

| (1) | For a discussion of the Independent Directors’ compensation, see below. |

| (2) | We do not maintain a stock or option plan, non-equity incentive plan or pension plan for our directors. |

Effective October 1, 2022 the Independent Directors of NMFC receive an annual retainer fee of $120,000 (which was increased from $115,000) and further receive a fee of $2,500 for each regularly scheduled board of directors meeting and a fee of $1,000 for (i) each special board of directors meeting or (ii) actions taken by written consent relating to matters that supplement or follow up on items covered at regularly scheduled board meetings (not to exceed once per fiscal quarter, as well as reimbursement of reasonable and documented out-of-pocket expenses incurred in connection with attending each board of directors meeting. In addition, the chairman of the audit committee receives an annual retainer of $12,500, while the chairman of the valuation committee receives an annual retainer of $7,500 and the chairman of the compensation committee and the chairman of the nominating and corporate governance committee receive annual retainers of $2,500. No compensation is paid to directors who are “interested persons” of NMFC as defined in Section 2(a)(19) of the 1940 Act.

24

TABLE OF CONTENTS Compensation of Executive Officers None of NMFC’s executive officers receive direct compensation from NMFC. NMFC does not engage any compensation consultants. The compensation of the principals and other investment professionals of the Investment Adviser is paid by the Investment Adviser. Compensation paid to NMFC’s Chief Financial Officer and Chief Compliance Officer is set by the Administrator and is subject to reimbursement by NMFC of the allocable portion of such compensation for services rendered to NMFC. Compensation paid to the Chief Compliance Officer is also approved by the board of directors, including a majority of the Independent Directors, in accordance with Rule 38a-1 under the 1940 Act. Indemnification Agreements NMFC entered into indemnification agreements with its directors. The indemnification agreements are intended to provide the directors the maximum indemnification permitted under Delaware