Pearl Diver Credit Company Inc. · NYSE:PDCC

Pearl Diver Credit — Q2 2025 Earnings Presentation

15 slides from Pearl Diver Credit's earnings presentation, Aug 26, 2025

  1. Slide 1: Pearl Diver Credit Company Inc. 2025 Q2 Earnings Presentation

    Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) 2025 Q2 Earnings Presentation August 26, 2025 1

  2. Slide 2: Disclaimer

    Disclaimer 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 inf

  3. Slide 3: Forward-Looking Statements

    Forward-Looking Statements The following presentation includes certain forward-looking statements of the Company’s management. Forward-looking statements are statements that estimate the happening of future events and are not based on historical fact. Forward-looking statements may be identified by

  4. Slide 4: Maximizing Diversified CLO Equity Portfolio's Total Return & Generating High Current Income

    Maximizing Diversified CLO Equity Portfolio’s Total Return & Generating High Current Income Overview Portfolio as of June 30, 2025  Among the largest teams globally dedicated exclusively to CLO tranche investing $123.6M 52 CLOs Portfolio NAV Highly Diverse Portfolio  Combined 140+ years of experie

  5. Slide 5: Differentiated, Machine Learning Approach to CLO Equity Investing

    Differentiated, Machine Learning Approach to CLO Equity Investing Exclusively focused CLO investor with integrated quantitative approach to credit, securitization analytics, and trading Machine Learning Trading, Corporate Fundamental Credit I Based Quantitative II Analytics Platform III Restructurin

  6. Slide 6: Proprietary Technology Drives Enhanced Investment Process and Risk Management

    Proprietary Technology Drives Enhanced Investment Process and Risk Management Portfolio Construction Real-time Credit Risk Pricing  Take a line-by-line approach to credit, assigning an in-house rating for each Balanced Approach: Mitigate risk loan in every CLO through diversification across asset 

  7. Slide 7: CLO Equity Overview – A Primer

    CLO Equity Overview – A Primer CLOs are securitizations of diverse portfolios of senior secured loans Structure Highlights¹ Representative CLO Balance Sheet¹ Assets Liabilities & Equity Cash-flow CLOs fund purchase of a diverse portfolio of senior secured corporate loans Achieved through issuance of

  8. Slide 8: Broadly Syndicated Corporate Loans – The Feedstock of CLOs

    Broadly Syndicated Corporate Loans – The Feedstock of CLOs Attributes Representative Capital Structure Senior: Senior position in corporate borrower’s capital structure Senior Secured Loans 30-50% Secured: First lien security interest on corporate borrower’s assets Recovery Seniority Bonds (Senior U

  9. Slide 9: Q2 Earnings and Portfolio Highlights

    Q2 Earnings and Portfolio Highlights 9

  10. Slide 10: Financial Results for the Quarter Ended June 30, 2025

    Financial Results for the Quarter Ended June 30, 2025 Portfolio and Investment Operating Results Dividend and Capital Activity Activity  Investment income of $5.5  Recurring cash flows of $8.0  NAV per share of $18.19 million, or $0.81 per share million, or $1.18 per share  Distributed $0.22 per

  11. Slide 11: Summary Financial Statements for the Quarter Ended June 30, 2025

    Summary Financial Statements for the Quarter Ended June 30, 2025 Statement of Assets and Liabilities at June 30, 2025 (unaudited) Assets Investments, at fair value (Cost $172,327,910) $ 165,818,918 Short-term investments, at fair value (Cost $3,136) 3,136 Cash and cash equivalents 177,002 Interest r

  12. Slide 12: Summary Financial Statements for the Quarter Ended June 30, 2025

    Summary Financial Statements for the Quarter Ended June 30, 2025 Statement of Operations for the quarter ended June 30, 2025 (unaudited) Investment Income Collateralized Loan Obligations‐Equity $ 5,182,922 Collateralized Loan Obligations‐Debt 99,003 Interest Income 226,506 $ 5,508,431 Expenses Advis

  13. Slide 13: Portfolio Highlights at June 30, 2025

    Portfolio Highlights at June 30, 2025 13

  14. Slide 14: Portfolio Highlights at June 30, 2025

    Portfolio Highlights at June 30, 2025 14

  15. Slide 15: Company Information

    Company Information Pearl Diver Credit Company Inc. The Investment Adviser 747 Third Ave Suite 3603 Pearl Diver Capital LLP New York, NY 10017 New York: www.pearldivercreditcompany.com 747 Third Ave Suite 3603 New York, NY 10017 Contact: [email protected] London: US: +1 617 872 0945 52 Conduit

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