Material Agreement Form 8 K

On August 28, 2024, PennantPark Senior Loan Fund ("PSLF"), an unconsolidated joint venture between PennantPark Investment Corporation (the "Company") and certain entities and managed accounts of the private credit investment manager of Pantheon Ventures (UK) LLP ("Pantheon"), entered into an amendment (the "Amendment") to PSLF's limited liability company agreement (the "LLC Agreement").

The Amendment amended the term of PSLF, which would have otherwise expired on January 31, 2025, to be indefinite, subject to the other terms of dissolution, wind down and termination in the LLC Agreement.

The Amendment also modified the LLC Agreement to permit any member of PSLF (each, a "Member") to request to redeem its interests in PSLF (in minimum tranches of 25% of the interests then-owned by such Member) at any time. Under the Amendment, PSLF is required to use commercially reasonable efforts to redeem any such Member's interests within 18 months and, in any event, within three years from the date of such redemption request, subject to customary limitations with respect to the liquidity of PSLF and the requirement that the Company's proportionate share or ownership of PSLF not exceed 87.5%. It is contemplated that any such redemption would be funded by either principal proceeds from repayments of investments in underlying portfolio companies of PSLF or the proceeds of any new Member's investment into PSLF.

The description of the Amendment set forth herein is not complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached as Exhibit 10.1 to this Form 8-Kand is incorporated herein by reference.