Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 132

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 132
---
 nominee’s ability to represent the interests
of all the stockholders and to fulfill the responsibilities of an independent director. The governance and nominating committee does not
necessarily place the same emphasis on each criteria and each nominee may not have each of these qualities.

As long as an existing independent director continues,
in the opinion of the governance and nominating committee, to satisfy these criteria, we anticipate that the governance and nominating
committee would favor the re-nomination of an existing independent director rather than nominate a new candidate. Consequently, while
the governance and nominating committee will consider nominees recommended by stockholders to serve as independent directors, the governance
and nominating committee may only act upon such recommendations if there is a vacancy on the board of directors or a committee and it
determines that the selection of a new or additional independent director is in our best interests. In the event that a vacancy arises
or a change in membership is determined to be advisable, the governance and nominating committee will, in addition to any stockholder
recommendations, consider candidates identified by other means, including candidates proposed by members of the governance and nominating
committee. The governance and nominating committee may retain a consultant to assist it in a search for a qualified candidate. The governance
and nominating committee has adopted procedures for the selection of independent directors.

| 75 |

The governance and nominating committee has not
adopted a formal policy with regard to the consideration of diversity in identifying individuals for election as independent directors,
but the governance and nominating committee will consider such factors as it may deem are in the best interests of the Company and the
stockholders. Such factors may include the individual’s professional experience, education, skills, and other individual qualities
or attributes, including gender, race or national origin.

For any stockholder recommendation for independent
director to be included in our proxy statement, it must be submitted in compliance with all of the pertinent provisions of Rule 14a-8
under the Exchange Act to be considered by the governance and nominating committee. In evaluating a nominee recommended by a stockholder,
the governance and nominating committee, in addition to the criteria discussed above, may consider the objectives of the stockholder in
submitting that nomination and whether such objectives are consistent with the interests of all stockholders. If the board of directors
determines to include a stockholder’s candidate among the slate of nominees, the candidate’s name will be placed on our proxy
card. If the governance and nominating committee