Company: PDCC
Filing Date: 2025-02-14
Form Type: 497AD
Source: 0001214659-25-002891
Chunk: 1

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-02-14
Form: 497AD
Chunk 1
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15% 10% 5% 0% 2013 2015 2016 2019 2020 2021 2022 2023 2024 2025 Closing Date 35% 30% 25% 20% 15% 10% 5% 0% 2026 2027 2028 2029 2030 RED 40% 35% 30% 25% 20% 15% 10% 5% 0% Moody's Rating 80% 70% 60% 50% 40% 30% 20% 10% 0% <70 70-80 80-90 90-95 95-97.5 97.5-100 >=100 Loan Market Price

Calculated using market mid prices of
loans in CLO portfolios, excluding bonds.

Past performance is not indicative of, or a guarantee of,
future performance. Please review the important information and notes on page 2.

Totals may not always sum due to rounding.

| 1 |

Investors should consider Pearl Diver Credit Company Inc.’s
(the “Company”) investment objectives, risks, charges and expenses carefully before

investing in securities of the Company. The Company’s
prospectus contains this and other important information about the fund. Investors should read the Company’s prospectus and Securities
and Exchange Commission (“SEC”) filings (which are publicly available on the EDGAR Database on the SEC website at http://www.sec.gov)
carefully and consider their investment goals, time horizons and risk tolerance before investing in the Company. The investment program
of the Company is speculative and entails substantial risk, including the possible loss of principal. There can be no assurance that Company’s
investment objectives will be achieved. An investment in the Company is not appropriate for all investors and is not intended to be a
complete investment program. Shares of closed-end investment companies, such as the Company, frequently trade at a discount from their
net asset value, which may increase investors’ risk of loss. The Company invests a significant portion of its assets in CLO equity
securities, which often involve risks that are different from or more acute than risks associated with other types of credit instruments.
Shares of closed-end investment companies, such as the Company, frequently trade at a discount from their net asset value, which may increase
investors’ risk of loss. Past performance is