Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 32

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 32
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ER</div>

| SOCIAL ENGINEERING FRAUD INSURING AGREEMENT COVERAGE SCHEDULE |                                             |
| Social Engineering Fraud Insuring Agreement                   
 Aggregate Limit of Liability                                  |                                    $300,000 |
| Social Engineering Fraud Insuring Agreement                   
 Single Loss Limit of Liability                                | Social Engineering Fraud Insuring Agreement 
                      Single Loss Deductible |
| $250,000                                                      
 without Official Authorization                                
 $300,000                                                      
 with Official Authorization                                   |                                     $25,000 |
| Social Engineering Fraud Insuring Agreement                   
 Prior Acts Date                                               |                                  06/14/2024 |

It is agreed that:

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

<div align='center'>SOCIAL ENGINEERING FRAUD</div>

Loss resulting directly from an Employee
having, in good faith, transferred, paid, or delivered Money or Securities from the Insured’s account to a person or account outside
of the Insured’s control, in reliance upon a Social Engineering Fraud Instruction directing such transfer, payment, or delivery
of Money or Securities.

| B. | Solely with respect to the coverage provided by this Rider, the DEFINITIONS section is amended by the 
 addition of the following new definitions:                                                            |

Authorized Transfer Agent means:

| (1) | a director, officer, partner, member, or sole proprietor of the Insured; |

| (2) | an Employee who is authorized by the Insured to instruct other Employees to transfer, pay or deliver the 
 Insured’s Money or Securities; or                                                                        |

| (3) | an employee of a Vendor authorized by such Vendor and the Insured to direct the Insured’s Employees                                   
 to transfer, pay, or deliver the Insured’s Money or Securities in accordance with the terms of a written agreement between the Vendor 
 and the Insured.                                                                                                                      |

Official Authorization means a valid
handwritten signature of an actual Employee, or an electronic record of entry and approval into a wire transfer system, accounting system,
or similar system which is capable of maintaining and reproducing an audit trail, which demonstrates that an actual Employee (other than
the Employee actually making the transfer, payment, or delivery) approved a transaction within their authority. A Forgery is not an Official
Authorization. Official Authorization shall not include a typed name in any form (including but not limited to email, letterhead, or pre-printed
material), but shall include electronic reproductions or handwritten