StepStone Q4 2021 Earnings Report

Declared a dividend of $0.07 per share of Class A common stock, payable on July 15, 2021.

Raised over $2 billion of new SMA capital in 4Q’21 and over $11 billion for the full fiscal year.

Additional closings for StepStone Tactical Growth Fund III (“STGF III”) and Senior Corporate Lending Fund II (“SCL II”), both currently in market; Raised approximately $2 billion of commingled funds for the full fiscal year.

Conversus StepStone Private Markets (“CPRIM”) achieved a NAV of over $135 million and posted a 43% net return in eight months since inception as of June 1, 2021.