StepStone Q1 2023 Earnings Report

Declared a dividend of $0.20 per share of Class A common stock, payable on September 15, 2022 to record holders of Class A common stock at the close of business on August 31, 2022

Raised a total of approximately $17 billion of new SMA capital over the LTM

Final closings for StepStone Capital Partners V (“SCP V”), StepStone Credit Opportunities Fund I (“SCOF I”) and StepStone Senior Corporate Lending II (“SCL II”), first closing of StepStone’s private equity secondaries fund, and additional closings of StepStone’s expansion stage venture capital directs fund, and micro venture capital primaries fund; raised a total of approximately $7 billion for commingled funds over the LTM

Conversus StepStone Private Markets (“CPRIM”) achieved a 78% total return since inception on October 1, 2020, and approximately $650 million of AUM as of July 1, 2022