Company: PNNT
Filing Date: 2025-09-12
Form Type: 40-17G
Source: 0001193125-25-202194
Chunk: 42

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-09-12
Form: 40-17G
Chunk 42
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 considered at the Meeting be, and hereby are, approved after
consideration of all factors deemed relevant by the directors of the Corporation (the “Directors”), and separately approved by the Independent Directors, including, but not limited to, the amount of the Bond, the value of the aggregate
assets of the Corporation to which any person covered under the Bond may have access, the estimated amount of the premium for such Bond, the type and terms of the arrangements made for the custody and safekeeping of the Corporation’s assets
and the nature of the securities in the Corporation’s portfolio;

FURTHER RESOLVED, that the payment by the
Corporation of the premium for coverage under the Bond, in the amount described at the Meeting, and the share of the premium to be allocated to the Corporation and PFLT for the Bond, based upon their proportionate share of the sum of the premiums
that would have been paid if such fidelity bond coverage had been purchased separately, be, and hereby are, approved by the Directors, including the Independent Directors, after having given due consideration to, among other things, the number of
other parties insured under the Bond, the nature of the business activities of those other parties, the amount of the premium for the Bond, the ratable allocation of the premium among all parties named as insureds and the extent to which the share
of the premium allocated to the Corporation under the Bond is less than the premium the Corporation would have had to pay had it maintained a single insured bond;

FURTHER RESOLVED, that the proposed Joint Fidelity Bond Agreement among the
Corporation and PFLT, providing that in the event that any recovery is received under the Bond as a result of a loss sustained by the Corporation and also by any other named Insured, the Corporation shall receive an equitable and proportionate share
of the recovery, but in no event less than the amount it would have received had it provided and maintained a single insured bond with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 under the
1940 Act, is approved, with such further changes therein as Richard T. Allorto, Jr., Chief Financial Officer and Treasurer of the Corporation, and Arthur H. Penn, Chief Executive Officer of the Corporation (each, an “Officer” and,
together, the “Officers”), may determine to be necessary or desirable and proper, with the advice of the Corporation’s counsel, the execution of the Joint Fidelity Bond Agreement by such