Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 152

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 152
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 will be asked to elect John Everets and Martin Mellish as members of the Board. The holders of outstanding
shares of our common stock together with the holders of outstanding shares of our Series A Term Preferred Stock, voting together as a
single class, elect the remaining members of the Board.

Duties of Directors; Meetings and Committees

Under our certificate of incorporation, our board
of directors is responsible for managing our affairs, including the appointment of advisers and sub-advisers. The board of directors appoints
officers who assist in managing our day-to-day affairs.

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The board of directors has appointed Indranil
Basu as Chairperson. The Chairperson presides at meetings of the board of directors and may call meetings of the board and any committee
whenever he deems necessary. The Chairperson participates in the preparation of the agenda for meetings of the board of directors and
the identification of information to be presented to the board of directors with respect to matters to be acted upon by the directors.
The Chairperson also acts as a liaison with our management, officers, and attorneys and the other directors generally between meetings.
The Chairperson may perform such other functions as may be requested by the board of directors from time to time. Except for any duties
specified in this prospectus or pursuant to our certificate of incorporation or bylaws, or as assigned by the board of directors, the
designation of a director as Chairperson does not impose on that director any duties, obligations, or liability that are greater than
the duties, obligations, or liability imposed on any other director, generally.

The board of directors believes that this leadership
structure is appropriate because it allows the board of directors to exercise informed judgment over matters under its purview, and it
allocates areas of responsibility among committees or working groups of directors and the full board of directors in a manner that enhances
effective oversight. The board of directors also believes that having a majority of independent directors is appropriate and in the best
interest of our stockholders. Nevertheless, the board of directors also believes that having an interested person serve on the board of
directors brings corporate and financial viewpoints that are, in the board of directors’ view, crucial elements in its decision-making
process. In addition, the board of directors believes interested persons provide the board of directors with the Adviser’s perspective
in managing and sponsoring us. The leadership structure of the board of directors may be changed, at any time and in the discretion of
the board of