Goldman Sachs BDC, Inc.

Good morning. This is Austin Neary, Head of Investor Relations Team for the Goldman Sachs BDC, Inc., and I would like to welcome everyone to the Goldman Sachs BDC, Inc. Second Quarter 2025 Earnings Conference Call. Please note that all participants will be in listen-only mode until the end of the call when we will open the line for questions. Before we begin today's call, I would like to remind our listeners that today's remarks may include forward-looking statements. These statements represent the company's belief regarding future events that, by their nature, are uncertain and outside of the company's control. The company's actual results and financial condition may differ, possibly mysteriously, from what is indicated in those forward-looking statements as a result of a number of factors, including those described from time to time in the company's SEC files. This audio cast is copyrighted material of Pullman Facts, BDC, Inc., and may not be duplicated, reproduced, or rebroadcast without our consent. Yesterday, after the market closed, the company issued an earnings press release and posted a supplemental earnings presentation, both of which can be found on the homepage of our website at www.omensax.bdc.com under the Investor Resources section, and which includes reconciliations of non-GAAP measures to the most direct and comparable GAAP measures. These documents should be reviewed in conjunction with the company's quarterly report on Form 10-Q found yesterday with the FDC. This conference call is being recorded today, Friday, August 8th, 2025, for replay purposes. As many of you may be aware, the announced changes affected yesterday, August 7th, to the Goldman Sachs BDC management team and private credit business were at large on July 21st. I will now hand the call over to Alex Chee, former co-CEO and president of Goldman Sachs BDC.

Thank you, Austin. Well, after 31 years with the firm, I've made the difficult decision to step down. This is not the result of any disagreements. Rather, it's a personal decision that I've made to pursue another professional opportunity. Looking back, I'm incredibly proud of what we've accomplished together. One aspect that stands out is the integration of GSBD into the broader private credit platform at Goldman Sachs. When we pursued that, we envisioned that GSBG would benefit from the broader origination capabilities, enhanced scale, and deep expertise across the firm. I'm very proud to say it has played out exactly that way. I want to emphasize that the platform is in a strong position, and I leave it in very capable hands, including my long-standing co-CEO, David Miller, who I have had the sincere pleasure and privilege of working with. Vivek Santwal, who I've worked with for nearly 25 years and is currently global co-head of our private credit platform, will be stepping into my co-CEO role alongside David. who is their Chief Operating Officer, will also assume the additional role as Co-President of GSBD and the BDC platform. And Stan Medeshevsky will continue in the role of Chief Financial Officer. I have full confidence in their leadership and in the platform's continued success. The Board of Directors Thank you for your partnership and support. And to my colleagues and team members, thank you for the trust, the collaboration, and the shared commitment over the years. And most importantly, thank you to our shareholders for your trust in investing your capital. It's been an honor. And with that, I'll turn the call over to David.

Alex, thank you. We wish you nothing but the best in your future endeavors, and thank you for not only being a friend, but an instrumental part of the growth of the private credit franchise. We will miss you. As Alex mentioned, we're excited to have BVAC formally join our BDC complex, which has been and continues to be an integral part of our broader private credit platform. When the legacy BDC business integrated with the legacy merchant bank and special situations group in March of 2022, it created a unified private credit team that opened the aperture for our BDC complex to take advantage of proprietary origination and deal flow previously unavailable to his family of funds. In his previous role, Vivek was responsible for the firm's relationship lending book, as well as the acquisition finance and leverage buyout book. Vivek served as co-chair of the firm-wide capital committee, responsible for the approval and oversight of debt-related transactions, including principal commitments of the firm's capitals. BVAC's expertise in lending and risk management across leveraged finance and structured finance has helped to augment our private credit business in addition to expanding our origination capabilities. BVAC's new role and long-term experience in investment banking and global markets aligns with the aforementioned integration to the firm's focus in elevating our BDC franchise, namely our flagship public and private non-traded BDCs, GSBD and GS credits. In addition, Tucker Green, our COO, will be taking on the added role of president of the BDC complex, wherein he will take on more investor engagement, both on the equity and debt side across our complex of funds. With that, let me turn it over to my co-CEO, Peter.