Company: PNNT
Filing Date: 2025-08-21
Form Type: 40-17G
Source: 0001193125-25-185310
Chunk: 44

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-08-21
Form: 40-17G
Chunk 44
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 persons” of the Corporation, as defined in
Section 2(a)(19) of the 1940 Act (the “Independent Directors”), on August 5, 2025 at a meeting of the Board (the “Meeting”):

WHEREAS, the Board desires to ratify certain amendments to the resolution passed at the Meeting;

NOW, THEREFORE, BE IT:

RESOLVED, that the Board determined that the Corporation and PennantPark Floating Rate Capital Ltd. (“PFLT”) each be
covered as an “Insured” under a joint fidelity bond (the “Bond”) having an aggregate coverage of $5 million issued by Travelers Casualty and Surety Company of America, a reputable fidelity insurance company, against larceny
and embezzlement and such other types of losses as are included in standard fidelity bonds, covering the officers of the Corporation and PFLT from time to time and containing such provisions as may be required by the rules promulgated under 1940
Act;

FURTHER RESOLVED, that the proposed form and amount of the Bond considered at the Meeting be, and hereby are, approved after
consideration of all factors deemed relevant by the directors of the Corporation (the “Directors”), and separately approved by the Independent Directors, including, but not limited to, the amount of the Bond, the value of the aggregate
assets of the Corporation to which any person covered under the Bond may have access, the estimated amount of the premium for such Bond, the type and terms of the arrangements made for the custody and safekeeping of the Corporation’s assets
and the nature of the securities in the Corporation’s portfolio;

FURTHER RESOLVED, that the payment by the Corporation of
the premium for coverage under the Bond, in the amount described at the Meeting, and the share of the premium to be allocated to the Corporation and PFLT for the Bond, based upon their proportionate share of the sum of the premiums that would have
been paid if such fidelity bond coverage had been purchased separately, be, and hereby are, approved by the Directors, including the Independent Directors, after having given due consideration to, among other things, the number of other parties
insured under the Bond, the nature of the business activities of those other parties, the amount of the premium for the Bond, the ratable allocation of the premium among all parties named as insureds and the extent to which the share of the premium
allocated to the Corporation under the Bond is less than the premium