Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 172

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 172
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 be able to participate. The DRIP Administrator will administer the DRIP on the basis of
the number of shares certified from time to time by the stockholder as representing the total amount registered in their name and held
for their account by their nominee.

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Experience under the DRIP may indicate that changes
are desirable. Accordingly, we and the DRIP Administrator reserve the right to amend or terminate the DRIP upon written notice to each
participant at least 30 days before the record date for the payment of any dividend or distribution by us.

All correspondence or additional information about
the DRIP should be directed to SS&C GIDS, Inc., c/o Pearl Diver Credit Company, P.O. Box 219047, Kansas City, Missouri 64121-9047.

<div align='center'>CONFLICTS OF INTEREST</div>

Affiliations of the Adviser and the Administrator

Our executive officers and directors, and the
Adviser and its officers and employees, including the Investment Team, have several conflicts of interest as a result of the other activities
in which they engage. These other relationships may cause the Adviser’s, the Administrator’s, and certain of their affiliates’
interests, and the interests of their officers and employees, including the Investment Team, to diverge from our interests and may result
in conflicts of interest that may not be foreseen or resolved in a manner that is always or exclusively in our best interest. Our executive
officers and directors, as well as other current and potential future affiliated persons, officers, and employees of the Adviser and certain
of its affiliates, may serve as officers, directors, or principals of, or manage the accounts for, other entities with investment strategies
that substantially or partially overlap with the strategy that we intend to pursue. Accordingly, they may have obligations to investors
in those entities, the fulfillment of which obligations may not be in the best interests of us or our stockholders. The Adviser has entered
into, and may in the future enter into additional, business arrangements with certain of our stockholders. In such cases, such stockholders
may have an incentive to vote shares held by them in a manner that takes such arrangements into account. As a result of these relationships
and separate business activities, the Adviser has conflicts of interest in allocating management time, services, and functions among us,
other advisory clients and other business activities. See “Conflicts of Interest.”

In order to address such conflicts of interest,