Director since 2021 Age: 58 Reason for Nomination: Ms. Cheng s Board-level corporate responsibility oversight, cybersecurity oversight, and artificial intelligence implementation experience, financial services leadership across several roles, companies and industries, including health care and REITs, and extensive debt capital markets knowledge, qualify her to serve on the Board of Directors of LTC. Background: Since November 2025, Ms. Cheng has led Business Development and Partnerships for Mission Driven Finance ( MDF ). In this role, she is responsible for setting and executing a national strategy for originations and institutional partnerships across MDF funds. From November 2023 to November 2025, Ms. Cheng was an independent consultant. From April 2022 to November 2023, Ms. Cheng was the Managing Director, Western Region, for MGG Investment Group LP ( MGG ). In that role, she was responsible for originating, underwriting and managing senior debt, unitranche, mezzanine and minority equity investments. She was also a member of MGG s ESG Committee. Prior to joining MGG, Ms. Cheng was Managing Director, Western Region Investments, for Brightwood Capital Advisors, LLC ( Brightwood ), a direct lending fund, between August 2019 and April 2022. In that role with Brightwood, Ms. Cheng focused on a range of debt and minority equity growth capital across five industry verticals: Health Care Services, Business Services, Technology/Media/Telecom, Franchising, and Transportation & Logistics. Ms. Cheng also has held various financial leadership positions for Prudential Capital Group, CIBC World Markets, and First Interstate Bank. Other Directorships: Ms. Cheng is the President and Board Chair of the Los Angeles Chapter of The Association for Corporate Growth. In 2026, she will be joining the Advisory Board of Pandoblox, a founder- owned private AI service company.