Stepstone Group Inc.

The Board of Directors of the Company has declared a quarterly cash dividend of $0.28 per share of Class A common stock, payable on September 15, 2025, to the holders of record as of the close of business on August 29, 2025.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

(2) The supplemental cash dividend relates to earnings in respect of our full fiscal years 2024 and 2025, respectively.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The Company partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

The Company has determined that certain of its operating subsidiaries, including StepStone Group Real Assets LP ( SRA ), StepStone Group Real Estate LP ( SRE ), StepStone Group Private Debt AG ( SPD ), and StepStone Group Private Wealth LLC ( SPW ) and certain StepStone Funds are VIEs, and that the Company is the primary beneficiary of each entity because it has a controlling financial interest in each entity; accordingly, the Company consolidates these entities.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

The Company considers its cash, cash equivalents, restricted cash, fees and accounts receivable, accounts payable, investments, notes payable, and revolving credit facility to be financial instruments.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

(Nasdaq STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the quarter ended June 30, 2025.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

(Nasdaq STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Important factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, global and domestic market and business conditions, our successful execution of business and growth strategies, the favorability of the private markets fundraising environment, successful integration of acquired businesses and regulatory factors relevant to our business, as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity and the risks and uncertainties described in greater detail under the Risk Factors section of our annual report on Form 10-K filed with the U.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Advisory-related services include asset allocation, strategic planning, development of investment policies and guidelines, screening and recommending investments, legal negotiations, monitoring and reporting on investments, and investment manager review and due diligence.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The Company is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

Forward-looking statements are subject to various risks, uncertainties and assumptions.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Important factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, global and domestic market and business conditions, our successful execution of business and growth strategies, the favorability of the private markets fundraising environment, successful integration of acquired businesses and regulatory factors relevant to our business, as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity and the risks and uncertainties described in greater detail under the Risk Factors section of our annual report on Form 10-K filed with the U.

SEC original ↗Stepstone Group Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 92 Item 1A.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

Current Events In 2026, financial markets have continued to experience significant volatility and uncertainty driven by, among other factors, U.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

trade policy developments, elevated inflation, elevated interest rates and interest rate uncertainty, fluctuations in foreign currency exchange rates, and geopolitical developments, including the ongoing Russia-Ukraine conflict and developments in the Middle East.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026

In determining the transaction price, variable consideration is included only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainty associated with the variable consideration is resolved.

SEC original ↗Stepstone Group Inc. — 10-Q Quarterly report10-QAug 7, 2026