Company Executives

$FRBP Management Team

Name / Title	Age	Compensation	Sex	Social Media

Board of Directors

From the proxy statement filed Apr 14, 2026

Directors

serving now

Independent

5 of 5

stated in the proxy; 1 not stated

Average tenure

6.0 years

from year joined

CEO also chairs the board

Yes

Richard J. Byrne

Director	Age	On board	Independent	Committees	Other public boards	Pay
Richard J. Byrne Board chair, CEO	Not stated	Not stated	Not stated	None stated	Wynn Resorts, Limited, Franklin BSP Realty Trust, Inc.	Paid as CEO
Lee S. Hillman	Not stated	2020 6 years	Independent	None stated	Distribution Solutions Group, Inc.	Not stated
Ronald J. Kramer	68	2020 6 years	Independent	None stated	Griffon Corporation	Not stated
Leslie D. Michelson Lead independent director	75	2020 6 years	Independent	None stated	National Healthcare Properties, Inc., Global Net Lease, Inc.	Not stated
Edward G. Rendell	Not stated	2020 6 years	Independent	None stated	National Healthcare Properties, Inc.	Not stated
Dennis M. Schaney	Not stated	2020 6 years	Independent	None stated	None stated	Not stated

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

2 disclosed in the proxy filed Apr 14, 2026

the Adviser

investment adviser party to the Investment Advisory Agreement

Amount not stated

Investment advisory agreement under which the Adviser manages day-to-day operations and the Company pays a base management fee and an incentive fee

With the Company Open in proxy

BSP

administrator party to the Administration Agreement

Amount not stated

Administration agreement under which the Administrator provides office facilities and administrative services

With the Company Open in proxy

Comments

Company Executives

$FRBP Management Team

Board of Directors

Related-party transactions