In This Section CREDIT SOLUTIONS OVERVIEW The Credit Solutions (Mezzanine Lending) group typically provides $5 million to $15 million in subordinated debt and equity investments to companies in need of capital for organic growth, acquisitions, recapitalizations or management buyouts. We look for investment opportunities characterized by a management team with a demonstrated track record, sufficient cash flow to service debt, growth potential and a viable exit strategy. INVESTMENT TEAM John C. Harrison Senior Managing Director John S. Scott Managing Director Robert A. Bourquin Managing Director Jack L. Davis Director Alyce M. Ory Director of Administration Tim A. Henry Senior Associate Tyler W. Crace Associate J. Banyon Harrell Associate INVESTMENT CRITERIA The Credit Solutions (f/k/a Mezzanine Lending) group provides financing to private middle market companies. We seek investment opportunities where we believe the risk of principal loss is limited and the prospective equity appreciation is high. We also seek long-term returns competitive with those of venture capital and private equity transactions. Preferred Investment Structure: Size $3 million to $15 million Senior subordinated debt Five-year term; no amortization; interest monthly 13% to 14% coupon Nominally priced warrants to purchase equity PORTFOLIO Current Portfolio Harbert Credit Solutions Fund IV, LP Harbert Mezzanine Partners III, LP Harbert Mezzanine Partners II, LP Harbinger Mezzanine Partners, LP NEWS April 1, 2021 - HMC – HMC’s Credit Solutions Group Named One of the Most Consistent Top Performing Private Debt Fund Managers 2021 November 8, 2017 - HCSF – Private Debt Investor Roundtable Discussion on SME lending October 3, 2016 - HEGCF/HMP – Seek and Deploy April 28, 2015 - HMP – Harbert Management Corporation Raises $165 mm for Third Mezzanine Fund April 8, 2014 - Harbert Mezzanine Partners III, L.P. Provides Mezzanine Debt and Equity for the Acquisition of Turbine Generator Maintenance, Inc. December 4, 2013 - Private Debt Investor Roundtable: Plugging Holes in U.S. Balance Sheets CONTACT HARBERT CREDIT SOLUTIONS 618 Church Street, Suite 500 Nashville, TN 37219 Contact: Jennifer Schanhals jschanhals@harbert.net 615.301.6400 © 2021 Copyright Harbert Management Corporation Important Disclosure Information | Privacy Statement | Business Continuity Plan | Form CRS 2100 Third Avenue North, Suite 600 Birmingham, Alabama 35203 205.987.5500