Company: PNNT
Filing Date: 2025-08-21
Form Type: 40-17G
Source: 0001193125-25-185310
Chunk: 31

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-08-21
Form: 40-17G
Chunk 31
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) taken by the Company based upon the assignment set forth in Condition J. above and the Insured actually pays such assessment, the Company will reimburse the Insured for the amount of the assessment. However, such reimbursement will not exceed the amount of the loss payment by the Company.

| L. | RECOVERIES |

| 1. | All recoveries, whether effected by the Company or by the Insured will be applied, after first deducting the 
 costs and expenses incurred in obtaining such recovery, in the following order of priority:                  |

| a. | first, to the Insured to reimburse the Insured for loss sustained that would have been paid under this bond but                                                                                                                                          
 for the fact that such loss is in excess of the Single Loss Limit of Insurance, provided however, such loss does not include claim expense payments made by the Insured in excess of the Single Loss Limit of Insurance of Insuring Agreement G and such 
 payments will not be deemed excess for purposes of establishing order of priority;                                                                                                                                                                       |

| b. | second, to the Company in satisfaction of amounts paid or to be paid to the Insured in settlement of the 
 Insured’s claim;                                                                                         |

| c. | third, to the Insured in satisfaction of any Single Loss Deductible Amount; and |

| d. | fourth, to the Insured in satisfaction of any loss not covered under this bond. |

| 2. | Recovery on account of loss of securities as set forth in Condition I.2., or recovery from reinsurance or 
 indemnity of the Company, will not be deemed a recovery as used herein.                                   |

In determining the amount of any loss covered under this bond, all Moneyreceived by the Insured from any source whatsoever in connection with any matter from which a loss has arisen, including payments and receipts of principal, interest, dividends, commission, and the like, received prior to a loss settlement under this bond, will be deducted from the amount actually paid out, advanced, withdrawn, taken or otherwise lost or stolen. The value of all property received by the Insured from any source whatever and whenever received, in connection with any matter from which a loss has arisen, will be valued as of the date received and will likewise be deducted from the claimed loss.

| IVBB-16001 Ed. 01-16 © 2016 The Travelers 
 Indemnity Company. All rights reserved.   |     | Page 22 of 25 |

| M. | COOPERATION