Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 31

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 31
---
IONS section is amended by the addition of the following Exclusion: |

loss resulting directly or indirectly
from an Insured relying upon and/or acting upon a fraudulent telephone, telefacsimile, text message or e-mail instruction to transfer
Money or Securities except:

| (1) | when covered under the Customer Funds Transfer Fraud Insuring Agreement; and |

| (2) | this exclusion does not apply to an Employee relying upon and/or acting upon a Social Engineering Fraud                                  
 Instruction covered under the Social Engineering Fraud Insuring Agreement provided under any SOCIAL ENGINEERING FRAUD INSURING AGREEMENT 
 RIDER to the extent attached to this bond.                                                                                               |

| D. | Exclusion (i) does not apply to loss covered under the Customer Funds Transfer Fraud Insuring Agreement. |

All other provisions of the bond remain unchanged.

| AXIS 1012198 0322 | Includes copyright material of The Surety Association of America | Page 2 of 2 |

| FINANCIAL INSTITUTION BOND |

| Rider Number | Effective Date of Rider  | Bond Number        | Premium |
| 11           | 12:01 a.m. on 05/22/2025 | P-001-003812403-02 | N/A     |

<div align='center'>AMEND OWNERSHIP OR COVERED PROPERTY CONDITION RIDER</div>

It is agreed that the CONDITIONS AND LIMITATIONS,
the OWNERSHIP section or COVERED PROPERTY section, as applicable, is deleted and replaced with the following:

This bond shall apply to loss of Property
(1) owned by the Insured, (2) held by the Insured in any capacity, or (3) owned and held by someone else under circumstances which make
the Insured responsible for the Property prior to the occurrence of the loss. This bond shall be for the sole use and benefit of the Insured
named in the Declarations.

All other provisions of the bond remain unchanged.

| AXIS 1012199 0119 | Includes copyright material of The Surety Association of America | Page 1 of 1 |

| FINANCIAL INSTITUTION BOND |

| Rider Number | Effective Date of Rider  | Bond Number        | Premium |
| 12           | 12:01 a.m. on 05/22/2025 | P-001-003812403-02 | N/A     |

<div align='center'>SOCIAL ENGINEERING FRAUD INSURING AGREEMENT WITH OR WITHOUT OFFICIAL AUTHORIZATION RID