Management Change/Compensation (Form 8-K)

Trustee Resignation

On April 14, 2026, Howard Widra notified the Board of Trustees (the "Board") of MidCap Apollo Institutional Private Lending (the "Company") that, in connection with his previously announced retirement from Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo"), his resignation as trustee and Chairman of the Board would now be effective at the close of business on June 18, 2026. Mr. Widra's decision to resign is not the result of any disagreement with the Company, its investment adviser, the Board or their affiliates regarding their operations, policies, practices or otherwise.

Trustee Appointment

On April 17, 2026, the Board appointed Tanner Powell to the Board, effective at the close of business on June 18, 2026, to serve as a trustee of the Company. The Board also appointed Mr. Powell as the Chairman of the Board, effective at the close of business on June 18, 2026.

Mr. Powell joined Apollo in 2006. Mr. Powell was elected the Chief Executive Officer of the Company in March 2024. Mr. Powell has also served as Chief Executive Officer of MidCap Financial Investment Corporation ("MFIC") since August 2022. He served as President of MFIC from May 2018 to August 2022 and served as Chief Investment Officer for MFIC's investment adviser from June 2016 to August 2022. Mr. Powell is a Partner and Portfolio Manager in MFIC's Direct Origination business. He holds leadership roles in MFIC's Credit business, including its aircraft leasing and lending businesses. From 2004 to 2006, Mr. Powell served as an analyst in Goldman Sachs' Principal Investment Area (PIA). From 2002 to 2004, Mr. Powell was an analyst in the Industrials group at Deutsche Bank. He graduated from Princeton University with a BA in Political Economy.

Mr. Powell (i) was not appointed as a trustee pursuant to any arrangement or understanding with any other person; (ii) has not engaged, since the beginning of the Company's last fiscal year, nor proposes to engage, in any transaction in which the Company was or is a participant that would be required to be reported under Item 404(a) of Regulation S-K; and (iii) has not entered into, nor expects to enter into, any material plan, contract, arrangement, grant or award in connection with his appointment as a trustee.