Amwal Investments LLC - 25 Sep 2025 Form 4 Insider Report for 26North BDC, Inc.

Role: 10%+ Owner
Signature: Amwal Investments LLC, By: /s/ Salem Mohamed Al Ameri, Authorized Signatory
Issuer symbol: N/A
Transactions as of: 25 Sep 2025
Net transactions value: +$12,498,666
Form type: 4
Filing time: 29 Sep 2025, 17:13:31 UTC
Previous filing: 24 Mar 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Amwal Investments LLC	10%+ Owner	AL BAHR TOWERS, SHEIKH ZAYED BIN SULTAN, STREET, PO BOX 61999, ABU DHABI, UNITED ARAB EMIRATES	Amwal Investments LLC, By: /s/ Salem Mohamed Al Ameri, Authorized Signatory	29 Sep 2025	0001667175
Abu Dhabi Investment Council Co P.J.S.C	10%+ Owner	AL BAHR TOWERS SHEIKH ZAYED BIN SULTAN, 19TH ST, ABU DHABI, UNITED ARAB EMIRATES	Amwal Investments LLC, By: /s/ Saoud Essa Al Mulla, Authorized Signatory	29 Sep 2025	0001814011

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Common Stock	Purchase	$12,498,666	+494,018	+20%	$25.30	2,985,721	25 Sep 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 25, 2025, 26North BDC, Inc., a Maryland corporation (the "Issuer"), issued a capital call notice to certain investors that have committed to purchase shares of common stock of the Issuer ("Common Stock"). Pursuant to such capital call notice, Amwal Investments LLC ("Amwal") was obligated to make a capital contribution of $12,500,000 on September 25, 2025, and the Issuer issued 494,018.42 shares of Common Stock to Amwal on such date.
F2	These shares are held directly by Amwal, which is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. ("ADIC"). Because of the relationship among Amwal and ADIC (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by Amwal. Each of the Reporting Persons disclaims beneficial ownership of these shares in excess of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

On September 25, 2025, 26North BDC, Inc., a Maryland corporation (the "Issuer"), issued a capital call notice to certain investors that have committed to purchase shares of common stock of the Issuer ("Common Stock"). Pursuant to such capital call notice, Amwal Investments LLC ("Amwal") was obligated to make a capital contribution of $12,500,000 on September 25, 2025, and the Issuer issued 494,018.42 shares of Common Stock to Amwal on such date.

These shares are held directly by Amwal, which is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. ("ADIC"). Because of the relationship among Amwal and ADIC (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by Amwal. Each of the Reporting Persons disclaims beneficial ownership of these shares in excess of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.