珍珠潜水公司 2026 年第一季度报告

2026 Q1 Earnings PresentationMay 19, 2026 This presentation and the information and views included herein do not constitute investment advice, or a recommendation or an offer to enter into any transaction with Pearl Diver Credit Company Inc. (“PDCC” or the “Company”) or any of its affiliates. This presentation is provided for informational purposes only, does not constitute an offer to sell securities of theCompany or a solicitation of an offer to purchase any such securities, and is not a prospectus. From time to time, the Company may have a registration statement relating to one or more of its securities on file with the Securities and Exchange Commission (“SEC”). Any registration statement that has not yet been declared effective by the SEC, and any prospectus relating This presentation is solely for the use of the intended recipient(s). The information and its contents are the property of Pearl Diver Capital LLP (the “Adviser”) and/or the Company. Any unauthorizeddissemination, copying or use of this presentation is strictly prohibited and may be in violation of law. This presentation is being provided for informational purposes only. Investors should read the Company’s prospectus and SEC filings (which are publicly available on the EDGAR Database on the SEC website at http://www.sec.gov) carefully and considertheir investment goals, time horizons and risk tolerance before investing in the Company. Investors should consider the Company’s investment objectives, risks, charges and expenses carefully before investing in securities of the Company, as described in the prospectus.There is no guarantee that any of the goals, targets or objectives described in this presentation will be trade at a discount from their net asset value, which may increase investors’ risk of loss.Past performance is not indicative of, or a guarantee of, future performance.The performance and certainother portfolio information quoted herein represents information as of dates noted herein. Nothing herein shall be relied upon as a representation as to the future performance or portfolio holdings of the Neither the Adviser nor the Company provides legal, accounting or tax advice. Any statement regarding such matters is explanatory and may not be relied upon as definitive advice. Investors shouldconsult with their legal, accounting and tax advisers regarding any potential investment. The information presented herein is as of the dates noted and is derived from financial and other information of the The following presentation includes certain forward-looking statements of the Company’s management. Forward-looking statements are statements thatestimate the happening of future events and are not based on historical fact. Forward-looking statements may be identified by the use of forward-looking terminology,such as “may”, “shall”, “could”, “expect”, “estimate”, “anticipate”, “predict”, “probable”, “possible”, “should”, “continue”, or similar terms, variations of those terms or thenegative of those terms. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when to differ materially from those expressed in or suggested by the forward-looking statements. The forward-looking statements specified in the following informationhave been compiled by the Company’s management on the basis of assumptions made by management and considered by management to be reasonable. The You are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements include, but are not limited to, the following: •Statements relating to the Company’s future business and financial performance;•Statements relating to the Company’s competitive position; and•Other material future developments that you may take into consideration. Actual results of the Company’s operations may differ materially from information contained in the forward-looking statements as a result of risk factors described inthe Company’s registration statement. Maximizing Diversified CLO Equity Portfolio’s Total Return & Generating High Current Income Differentiated, Machine Learning Approach to CLO Equity Investing Exclusively focused CLO investor with integrated quantitative approach to credit, securitization analytics, and trading Trading, CorporateRestructuring, Machine LearningBased Quantitative Fundamental CreditAnalytics Platform III I II $70+ billion of control equity drivenCLO refinancings executed to dateOpportunistic, secular alpha creationthemes for every fund offering Machine learning based originationand pricingAlgorithms scrape data from 2,500+CLOs monthly, generating manager Proprietary loan databasePricing credit risk of 2,500+ loans on aweekly basis Quant team with engineering andnatural sciences backgroundswith proprietary technology Senior partners bring extensivedeal structuring experience and“sell-side” perspective to tradingand relationsh