NOTE 3 — DISTRIBUTIONS

Distributions are generally declared by the Board and recognized as distribution liabilities record date. The Company has historically made monthly or quarterly distributions to shareholders and expects to make monthly distributions to shareholders in the future. Distributions will be made to shareholders at such times and in such amounts as determined by the Board. Any distribution to stockholders will be declared out of assets legally available for distribution.

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For the three and six months ended June 30, 2026, the Company declared aggregate distributions of $0.34 and $0.69 per share on its common shares of beneficial interest, respectively. The distributions per share on a weighted average share basis in the Consolidated Statements of Operations includes the impact of different share amounts as a result of calculating certain per share data based on weighted average shares outstanding during the period and certain per share data based on shares outstanding as of the period end. The Company has declared aggregate distributions of $6.82 per share on its common shares of beneficial interest since Inception:

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In addition, the Company has adopted a dividend reinvestment plan (“DRIP”), pursuant to which each shareholder will receive dividends in the form of additional common shares of beneficial interest unless they notify the plan administrator and the Company’s transfer agent and registrar in writing that they instead desire to receive cash. If a shareholder receives dividends in the form of shares, dividend proceeds that otherwise would have been distributed in cash will be retained by the Company for reinvestment. Shareholders who receive dividends and other distributions in the form of common shares of beneficial interest generally are subject to the same U.S. federal tax consequences as investors who elect to receive their distributions in cash; however, since their cash dividends will be reinvested, those investors will not receive cash with which to pay any applicable taxes on re-invested dividends. A shareholder may elect to receive dividends and other distributions in cash by notifying the plan administrator and the Company’s transfer agent and registrar in writing at least 5 business days prior to the distribution date fixed by the Board for such dividend. If such notice is received by the plan administrator and the Company’s transfer agent and registrar less than 5 business days prior to the relevant distribution date, then that dividend will be paid in the form of Common Shares and any subsequent dividends will be paid in cash.

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The Company issued 20,141 and 43,896 shares through the DRIP for the three and six months ended June 30, 2026, respectively. The Company issued 21,447 and 42,731 shares through the DRIP for the three and six months ended June 30, 2025, respectively.