Investor Relations

Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology, life sciences and sustainable and renewable technology industries. Since inception (December 2003), Hercules has committed approximately $19 billion to over 640 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing.

Latest Financial Results

$86.0M

Net Investment Income

$122.6M

Total Investment Income

$413.9M

Total Gross New Debt and Equity Commitments

$307.0M

Total Gross Fundings

10.6%

Return on Average Assets

21.3%

Return on Average Equity

$0.48

YTD Distributions

$0.48

Q4 2023 Distributions

For complete information regarding our financials, see our periodic filings

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2023

Stock Information

Hercules Capital at a Glance

$3.42B

Total Assets

$3.06B

Debt Investment Portfolio

103

Portfolio Company Warrant Holdings

$743.9M

Liquidity & Balance Sheet

As of December 31, 2023 • Source: Hercules Capital and Hercules Capital 10-Q Q4 2023

For complete information regarding our financials, see our periodic filings.

Pursuing Sustainable & Responsible Investments

At Hercules Capital, we believe in strengthening our people and communities, that is why we have developed an environmental, social, and governance (ESG) policy.

Our Commitment to ESG

Delivering Strong, Sustainable Shareholder Returns

Return on Average Assets (ROAA) %

As of December 31, 2023 • Q4 2023 Investor Presentation

Source: HTGC and S&P Capital IQ as of 12/31/23 for HTGC and 9/30/23 for Peer Group. Return on Average Assets based on NII divided by average total assets.

1Peer Group: MFIC, ARCC, BKCC, OCSL, FSK, GBDC, GSBD, MAIN, NMFC, OBDC, PNNT, PSEC, SLRC, BBDC, TCPC, CCAP, TSLX

Return on Average Equity (ROAE) %

As of December 31, 2023 • Q4 2023 Investor Presentation

Source: HTGC and S&P Capital IQ as of 12/31/23 for HTGC and 9/30/23 for Peer Group. Return on Average Equity based on NII. NII divided by average of beginning of period equity and end of period equity.

1Peer Group: MFIC, ARCC, BKCC, OCSL, FSK, GBDC, GSBD, MAIN, NMFC, OBDC, PNNT, PSEC, SLRC, BBDC, TCPC, CCAP, TSLX

Hercules Key Performance Highlights

Total Investment Income

As of December 31, 2023 • Q4 2023 Investor Presentation

IN MILLIONS

Net Investment Income

As of December 31, 2023 • Q4 2023 Investor Presentation

IN MILLIONS

Total Investments At Cost

As of December 31, 2023 • Q4 2023 Investor Presentation

IN MILLIONS

Total Assets

As of December 31, 2023 • Q4 2023 Investor Presentation

IN MILLIONS

IR Contacts

Corporate Office

Hercules Capital, Inc.
1 North B Street
Suite 2000
San Mateo, CA 94401

Investor Relations

Hercules Capital, Inc.
Michael Hara
T: 650-433-5578
mhara@htgc.com

Transfer Agent

Computershare
P.O. Box 43006
Providence, RI 02940-3006
T: 800-736-3001
web.queries@computershare.com
www.computershare.com