X0203 3 2011-05-19 0 0001496099 New Mountain Finance Corp NMFC 0001515175 New Mountain Investments III, LLC C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 10019 0 0 1 0 0001407718 New Mountain Capital, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 10019 0 0 1 0 0001515174 New Mountain Guardian AIV, L.P. C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 11019 0 0 1 0 0001515173 New Mountain Finance AIV Holdings Corp C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 11019 0 0 1 0 0001460609 New Mountain Guardian Partners, L.P. C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 11019 0 0 1 0 0001516015 New Mountain Guardian GP, LLC C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 11019 0 0 1 0 0001516498 New Mountain Guardian Advisors, L.L.C. C/O NEW MOUNTAIN CAPITAL, L.L.C. 787 7TH AVENUE, 48TH FLOOR NEW YORK NY 11019 0 0 1 0 Common Stock 1252964 I See Note Common Membership Units 0 Common Stock 20221938 I See Note New Mountain Guardian Partners, L.P. ("Guardian Partners") directly owns 1,252,964 shares of common stock of New Mountain Finance Corporation. New Mountain Guardian GP, L.L.C. is the general partner of Guardian Partners, and may be deemed to beneficially own these shares. New Mountain Guardian Advisers, L.L.C. is the investment adviser to Guardian Partners, and may be deemed to beneficially own these shares. New Mountain Guardian GP, L.L.C. and New Mountain Guardian Advisers, L.L.C. each disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein. New Mountain Finance AIV Holdings Corporation ("AIV Holdings") and New Mountain Guardian AIV, L.P. ("Guardian AIV") (indirectly through its wholly-owned subsidiary, AIV Holdings) own 20,221,938 Common Membership Units of New Mountain Finance Holdings, L.L.C. (the "Units"). AIV Holdings is entitled to exchange, at any time, the Units for shares of New Mountain Finance Corporation's common stock on a one-for-one basis. The Units have no expiration date. New Mountain Investments III, L.L.C. is the general partner of Guardian AIV, and may be deemed to beneficially own the shares for which the Units may be exchanged. New Mountain Capital, L.L.C. is the investment adviser to Guardian AIV, and may be deemed to beneficially own the shares for which the Units may be exchanged. New Mountain Investments III, L.L.C. and New Mountain Capital, L.L.C. each disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein. /s/ Adam Weinstein as Authorized Signatory of New Mountain Investments III, L.L.C. 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Capital, L.L.C. 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Guardian AIV, L.P. 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Finance AIV Holdings Corporation 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Guardian Partners, L.P. 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Guardian GP, L.L.C. 2011-05-19 /s/ Adam Weinstein as Authorized Signatory of New Mountain Guardian Advisors, L.L.C. 2011-05-19