Company: PDCC
Filing Date: 2025-11-05
Form Type: DEF 14A
Source: 0001214659-25-015968
Chunk: 19

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-11-05
Form: DEF 14A
Chunk 19
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 Independent Director is in the Company’s best interests. In the
event that a vacancy arises or a change in membership is determined to be advisable, the Governance and Nominating Committee will, in
addition to any Stockholder recommendations, consider candidates identified by other means, including candidates proposed by members of
the Governance and Nominating Committee. The Governance and Nominating Committee may retain a consultant to assist it in a search for
a qualified candidate. The Governance and Nominating Committee has adopted procedures for the selection of Independent Directors.

The Governance and Nominating
Committee has not adopted a formal policy with regard to the consideration of diversity in identifying individuals for election as Independent
Directors, but the Governance and Nominating Committee will consider such factors as it may deem are in the best interests of the Company
and the Stockholders. Such factors may include the individual’s professional experience, education, skills and other individual
qualities or attributes, including gender, race or national origin.

Consideration of Candidates Recommended by Stockholders. The Governance and Nominating Committee will review and consider nominees recommended by Stockholders
to serve as Independent Directors, provided that the recommending Stockholder follows the procedures for Stockholders to submit nominee
candidates as set forth in the Company’s bylaws and Governance and Nominating Committee’s charter, and summarized here.

For any Stockholder recommendation
for Independent Director to be included in the Company’s proxy statement, it must be submitted in compliance with all of the pertinent
provisions of Rule 14a-8 under the Exchange Act to be considered by the Governance and Nominating Committee. In evaluating a nominee recommended
by a Stockholder, the Governance and Nominating Committee, in addition to the criteria discussed above, may consider the objectives of
the Stockholder in submitting that nomination and whether such objectives are consistent with the interests of all Stockholders. If the
Board determines to include a Stockholder’s candidate among the slate of nominees, the candidate’s name will be placed on
the Company’s proxy card. If the Governance and Nominating Committee or the Board determines not to include such candidate among
the Board’s designated nominees and the Stockholder has satisfied the requirements of Rule 14a-8, the Stockholder’s candidate
will be treated as a nominee of the Stockholder who originally nominated the candidate. In that case, the candidate will not be named
on the proxy card distributed with the Company’s proxy statement.

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A Stockholder who is entitled