Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Chief Financial Officer and Treasurer

On November 4, 2026, the Board of Directors (the "Board") appointed Kris Corbett as Chief Financial Officer and Treasurer (the "CFO") of Audax Credit BDC Inc. (the "Company"), effective as of the close of business on November 4, 2026. Mr. Corbett will serve in this position until his successor is duly appointed and qualified or until the earlier of his resignation or removal by the Board.

Mr. Corbett, 51, serves as a Managing Director and Chief Financial Officer for Audax Management Company (NY), LLC (together with its affiliates, "Audax" or "Audax Private Debt"), an affiliate of the Company. Prior to joining Audax in 2026, Mr. Corbett was Credit Chief Financial Officer of New Mountain Capital, where he served as Chief Financial Officer and Treasurer of New Mountain Finance Corporation, New Mountain Private Credit Fund, and other private business development companies. Mr. Corbett also previously worked at Blackstone Credit, Perella Weinberg Partners, King Street Capital Management, and Ziff Brothers Investments. He began his career in public accounting at PricewaterhouseCoopers LLP. Mr. Corbett received a B.A. in Accounting from the University of Massachusetts and is a Certified Public Accountant in the State of New York and a CFA charterholder.

Mr. Corbett's appointment coincides with the resignation, effective as of the close of business on November 4, 2026, of Richard Joseph as the Chief Financial Officer and Treasurer of the Company. The Company and the Board are grateful to Mr. Joseph for his service. Mr. Joseph's decision to step down is not the result of any disagreement with the Company, its adviser or their affiliates regarding their operations, policies, practices or otherwise.

Mr. Corbett (i) was not appointed as the Company's CFO pursuant to any arrangement or understanding with any other person; (ii) does not have a family relationship with any of the Company's directors, executive officers, or persons nominated to become a director or executive officer of the Company; (iii) has not entered into, nor expects to enter into, any material plan, contract, arrangement, grant or award in connection with his appointment as the Company's CFO; and (iv) is not a party to any transaction that is required to be reported pursuant to Item 404(a) of Regulation S-K.

Interim Chief Compliance Officer

On November 4, 2026, the Board appointed Grant Bokerman as interim Chief Compliance Officer (the "Interim CCO") of the Company, effective as of the close of business on November 4, 2026. Mr. Bokerman will serve in this position until his successor is duly appointed and qualified or until the earlier of his resignation or removal by the Board.

Mr. Bokerman, 41, serves as a Managing Director and Counsel for Audax Private Debt, an affiliate of the Company and its investment adviser. Prior to joining Audax in 2024, Mr. Bokerman was a Managing Director at Blackstone Inc., where he supported Blackstone's credit business as legal counsel. He also previously worked as a corporate associate with Debevoise & Plimpton LLP in New York, with roles in the finance and mergers and acquisitions practice groups. Mr. Bokerman received a J.D. from the Ohio State University Moritz College of Law and a B.A. from Ohio State University.

Mr. Bokerman's appointment coincides with the resignation, effective as of the close of business on November 4, 2026, of Jason Scoffield as the Chief Compliance Officer of the Company. The Company and the Board are grateful to Mr. Scoffield for his service. Mr. Scoffield's decision to step down is not the result of any disagreement with the Company, its adviser or their affiliates regarding their operations, policies, practices or otherwise.

Mr. Bokerman (i) was not appointed as the Company's Interim CCO pursuant to any arrangement or understanding with any other person; (ii) does not have a family relationship with any of the Company's directors, executive officers, or persons nominated to become a director or executive officer of the Company; (iii) has not entered into, nor expects to enter into, any material plan, contract, arrangement, grant or award in connection with his appointment as the Company's Interim CCO; and (iv) is not a party to any transaction that is required to be reported pursuant to Item 404(a) of Regulation S-K.