Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 22

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 22
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 the loss of any Property then in transit in the custody of such person, or (b) 15 days after the receipt
by the Insured of a written notice from the Underwriter of its desire to cancel this bond as to such person.

Termination of the bond as
to any Insured terminates liability for any loss sustained by such Insured which is discovered after the effective date of such termination.

<div align='center'>In witness whereof, the Underwriter has caused
this bond to be executed on the Declarations page.</div>

| Class Code: 2-14057 
 TSB 5062b 1087      | Copyright, The Surety Association of America, 1987 | Page 7 of 7 |

| FINANCIAL INSTITUTION BOND |

<div align='center'>SIGNATURE PAGE</div>

IN WITNESS WHEREOF, the Insurer has caused this
policy to be issued by affixing hereto the facsimile signatures of its President and Secretary.

| /s/ Andrew Weissert        | /s/ Michael McKenna        |
| Andrew Weissert, Secretary | Michael McKenna, President |

| AXIS 102AIC 0615 |     | Page 1 of 1 |

| FINANCIAL INSTITUTION BOND |

| Rider Number | Effective Date of Rider  | Bond Number        | Premium |
| 1            | 12:01 a.m. on 05/22/2025 | P-001-003812403-02 | N/A     |

<div align='center'>AUDIT EXPENSE INSURING AGREEMENT RIDER</div>

| AUDIT EXPENSE INSURING AGREEMENT COVERAGE SCHEDULE |                                  |
| Audit Expense Insuring Agreement                   
 Single Loss Limit of Liability                     | Audit Expense Insuring Agreement 
           Single Loss Deductible |
| $10,000                                            |                           $2,500 |

Information in the above schedule may also appear on the Declarations.

It is agreed that:

| A. | The INSURING AGREEMENTS section is amended by the addition of the following new Insuring Agreement: |

AUDIT EXPENSE

Reasonable expenses incurred by the
Insured for that part of the cost of audits or examinations required by any governmental regulatory authority to be conducted either by
such authority or by an independent accountant by reason of the discovery of loss under Insuring Agreement (A) FIDELITY.

| B. | The applicable Single Loss Limit of Liability and Single Loss Deductible