Company: PDCC
Filing Date: 2025-11-05
Form Type: DEF 14A
Source: 0001214659-25-015968
Chunk: 8

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-11-05
Form: DEF 14A
Chunk 8
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 1934, as amended (the “Exchange Act”) and the New York Stock Exchange listing rules (the “Independent Directors”).
The Board is divided into three classes with staggered three-year terms, such that the term of only one class expires at each annual meeting.
Classes I and II are each comprised of two (2) Directors and Class III is comprised of one (1) Director.

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The Governance and Nominating
Committee of the Company and the Board have recommended Messrs. Mellish and Wilder for election as Class II Directors by the Stockholders.
Accordingly, at the Meeting, (i) the holders of Preferred Stock, voting separately as a single class, are being asked to elect Mr. Mellish
as a Class II Director, and (ii) the holders of Common Stock and Preferred Stock, voting together as a single class, are being asked to
elect Mr. Wilder as a Class II Director, each to serve until the 2028 annual meeting of Stockholders or until his respective successor
is duly elected and qualifies.

Messrs. Mellish and Wilder
are currently serving as Class II Directors and have agreed to continue to serve as Class II Directors, if elected. If either Mr. Mellish
or Mr. Wilder is not available for election at the time of the Meeting, the persons named as proxies will vote for such substitute nominee(s)
as the Governance and Nominating Committee and the Board may select. The Board has no reason to believe that either Mr. Mellish or Mr.
Wilder will be unable or unwilling to serve.

A Stockholder can vote “FOR,”
or “WITHHOLD” its vote with respect to, any nominee. In the absence of instructions to the contrary, it is the intention of the persons named as proxies to vote such proxy “FOR” the election of each nominee.

<div align='center'>THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “ FOR” THE ELECTION OF EACH NOMINEE.</div>

Information about the Board

The business of the Company
is managed under the direction of the Board. Subject to the provisions of the Company’s certificate of incorporation, its bylaws
and applicable state law, the Directors have all powers necessary and convenient to carry out this responsibility, including the election
and removal of the Company’s officers. The Board is divided into three classes, with staggered three-year terms, such that the term
of only one class expires at each