RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Management And Incentive Fee

A summary of MSC Income’s base management fee, subordinated incentive fee on income, waiver of the subordinated incentive fee on income and incentive fee on capital gains for the three and six months ended June 30, 2026 and 2025 is as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025

	(in thousands)
Base management fee	$	5,341	$	4,907	$	10,566	$	9,879
Incentive fee on income	3,117		3,431		6,216		5,454
Waiver of incentive fee on income	(258)		—		(1,243)		—

Incentive fee on capital gains	2,949		—		2,311		—

Schedule of Annual Basis Point Rate

MSC Income is not required to reimburse the Adviser for Internal Administrative Expenses in an amount that exceeds on a quarterly basis the product obtained by multiplying (x) the value of MSC Income’s total assets at the end of each calendar quarter by (y) the applicable “Annual Basis Point Rate” set forth in the below table:


Total Assets						Annual Basis Point Rate
$0 - $500 million						6.000
Over $500 million - $1.25 billion						5.125
Greater than $1.25 billion						4.500