Blackstone Private Credit Fund

09/30/2026 | Press release | Distributed by Public on 09/30/2026 15:00

Proxy Results (Form 8-K)

Item 5.07. Submission of Matters to a Vote of Security Holders.

On September 24, 2026, Blackstone Private Credit Fund (the "Company" or "BCRED") held its 2026 Annual Meeting of Shareholders (the "Annual Meeting"). Because 1,013,929,299 shares of the Company's common shares of beneficial interest, or approximately 53.32% of the 1,901,548,491 total shares of the Company's common shares entitled to vote at the Annual Meeting, were present in person or by proxy, a quorum was present at the meeting, as required by the Company's Fifth Amended and Restated Declaration of Trust. Below are the final voting results for the following two proposals submitted to the Company's shareholders, each of which is described in more detail in the Company's definitive proxy statement for the Annual Meeting, dated June 26, 2026, filed with the Securities and Exchange Commission (the "SEC").

Proposal 1 - Election of Trustees

The following two individuals were elected as Class II trustees for the Company's Board of Trustees (the "Board") to serve as trustees until the Company's 2029 Annual Meeting of Shareholders and until such trustee's successor is duly elected and qualified.

Votes For

Votes Withheld

Broker Non-Votes

Robert Bass

843,984,384

75,248,960

94,695,955

Michelle Greene

900,936,159

18,297,185

94,695,955

Proposal 2 - Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026

The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026.

Votes For

Votes Against

Votes Abstained

997,697,574

6,444,161

9,787,564

Item 8.01. Other Events.

Board Recommendation to Reject an Unsolicited Tender Offer by Cox

BCRED recently became aware of an unsolicited tender offer (the "Cox Capital Offer") by Cox Capital Retail Secondaries Fund I, LP and its affiliates (collectively, "Cox Capital") to purchase BCRED Class I shares at a purchase price of $20.65 per share, a 12.5% discount to BCRED's published Class I net asset value ("NAV") of $23.60 per share as of August 31, 2026. The shares subject to the Cox Capital Offer represent up to $20 million in aggregate value of Class I shares, which is a de minimis percentage of BCRED's outstanding shares. BCRED and its adviser are not affiliated with Cox Capital or the Cox Capital Offer.

The Board has unanimously determined that the Cox Capital Offer is not advisable and is not in the best interests of BCRED shareholders. Accordingly, the Board recommends that shareholders reject the Cox Capital Offer and not tender their shares.

• The Cox Capital Offer represents a significant discount to BCRED's published NAV and, in the Board's view, substantially undervalues BCRED shares. BCRED publishes a monthly NAV reflecting the current value of its portfolio, and the Board believes the offer does not reflect the quality of BCRED's portfolio, liquidity profile, or long-term investment strategy. BCRED continues to provide meaningful shareholder liquidity through its established quarterly share repurchase program, subject to Board approval. BCRED shareholders who sought liquidity in Q2 and Q3 will have received an estimated 75% of their requested capital at NAV (not the deeply discounted offer from Cox) within approximately 90 days.1 In addition, BCRED is well capitalized and maintains substantial liquidity to fund repurchases.

• The Cox Capital Offer appears designed to transfer value from BCRED shareholders to Cox Capital and its investors. If Cox Capital acquires BCRED shares at a substantial discount to NAV and subsequently participates in BCRED's share repurchase program at NAV, the economic benefit

associated with that discount would accrue to Cox Capital and its investors rather than to existing BCRED shareholders. The Board believes this structure is not in the best interests of BCRED shareholders.

• BCRED has delivered strong historical performance and, in the Board's view, is well positioned to continue to deliver durable income and attractive risk-adjusted returns across market cycles. Since inception, BCRED has delivered a 9.0% annualized total net return2 and currently pays a 9.2% annualized distribution rate for Class I shares.3 The Board believes that the portfolio is defensively positioned, focused primarily on privately originated senior secured loans to high-quality companies,4 with diversified exposure across more than 600 borrowers. The Board believes BCRED remains well-positioned to continue generating attractive income and long-term outperformance relative to public fixed income.5

For shareholders to reject the Cox Capital Offer, simply take no action and disregard the offer materials. Shareholders who have already tendered their shares may withdraw them at any time prior to the expiration of the Cox Capital Offer in accordance with the offer documents.

Past performance does not predict future returns and there can be no assurance that BCRED will achieve results comparable to those of any of Blackstone Credit & Insurance's prior funds or be able to implement its strategy or achieve its investment objectives, including due to an inability to access sufficient investment opportunities.

Blackstone Private Credit Fund published this content on September 30, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 30, 2026 at 21:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]