On September 19, 2024, Golub Capital Direct Lending Corporation (the "Company"), GDLC Funding LLC ("GDLC Funding"), a direct wholly-owned subsidiary of the Company, GDLC Feeder Fund, L.P. ("GDLC Feeder") and Golub Onshore GP 3, LLC ("Feeder GP"), exercised the option pursuant to the documents governing the revolving credit facility (the "PNC Credit Facility") initially entered into on March 21, 2022, by and among the Company, GDLC Funding, GDLC Feeder, Feeder GP, PNC Bank, National Association, as administrative agent for the secured parties, the collateral agent, and a lender, PNC Capital Markets LLC, as structuring agent, and the lenders from time to time party thereto to decrease the borrowing capacity under the PNC Credit Facility from $220.0 million to $110.0 million, effective as of September 26, 2024. The other material terms of the PNC Credit Facility remain unchanged.