Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 24

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 24
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12:01 a.m. on 05/22/2025 | P-001-003812403-02 | N/A     |

<div align='center'>AMEND RACKETEERING EXCLUSION RIDER</div>

It is agreed that Exclusion 2(j) of the EXCLUSIONS section is replaced
with the following:

damages resulting from any civil,
criminal or other legal proceeding in which the Insured is adjudicated to have engaged in racketeering activity except when the Insured
establishes that the act or acts giving rise to such damages were committed by an Employee under circumstances which result directly in
a loss to the Insured covered by Insuring Agreement (A). For the purposes of this Exclusion, “racketeering activity” is defined
in 18 United States Code 1961 et seq., as amended;

All other provisions of the bond remain unchanged.

| AXIS 1012161 0119 | Includes copyright material of The Surety Association of America | Page 1 of 1 |

| FINANCIAL INSTITUTION BOND |

| Rider Number | Effective Date of Rider  | Bond Number        | Premium |
| 4            | 12:01 a.m. on 05/22/2025 | P-001-003812403-02 | N/A     |

<div align='center'>AMEND FIDELITY INSURING AGREEMENT RIDER</div>

It is agreed that Insuring Agreement (A) FIDELITY is replaced with the following:

| (A) | Loss resulting directly from dishonest or fraudulent acts committed by an Employee acting alone or in collusion with others. |

Such dishonest or fraudulent acts must be committed by the
Employee with the manifest intent:

(a) to cause the
Insured to sustain such loss; or

(b) to obtain financial
benefit for the Employee and which, in fact, result in obtaining such benefit.

Notwithstanding the foregoing, however, it is agreed that
with regard to Loans and/or Trading, this bond covers only loss resulting directly from dishonest or fraudulent acts committed by an Employee
with the manifest intent to cause the Insured to sustain such loss and which results in a financial benefit for the Employee.

As used in this Insuring Agreement, financial benefit does
not include any employee benefits earned in the normal course of employment, including salaries, commissions, fees, bonuses, promotions,
awards, profit sharing or pensions.

As used in this Insuring Agreement, loss does not include