Bayview Asset Management

¹ Data as of December 31, 2025. AUM represents the discretionary assets managed by Bayview and is calculated as the sum of: (i) the unaudited net asset value of Bayview managed funds; (ii) uncalled capital commitments for commitment based funds; (iii) the investable assets managed by Bayview in separately managed accounts, including accounts of the Oceanview companies; and (iv) Bayview’s sub-advised portion of a Blackstone-managed mutual fund. AUM excludes Bayview-managed funds’ investments into other Bayview-managed funds and into the Oceanview companies to avoid double-counting.

² Represents total insurance capital committed to Bayview-managed strategies, including both funded and unfunded commitments, across affiliated and unaffiliated insurance company mandates.