Material Agreement (Form 8-K)

On September 15, 2025, SLIC Financing SPV LLC ("SLIC Financing SPV"), a wholly-owned subsidiary of North Haven Private Income Fund LLC (the "Company"), entered into an amendment (the "JPM Facility Amendment") to the Second Amended and Restated Loan and Security Agreement, initially dated as of November 26, 2024 (as amended, the "JPM Funding Facility"), among SLIC Financing SPV LLC, as the borrower, the Company, as parent and as servicer and a pledgor, U.S. Bank Trust Company, National Association, as collateral agent and as collateral administrator, U.S. Bank National Association, as securities intermediary, JPMorgan Chase Bank, N.A., as administrative agent ("JPM"), the lenders party thereto, and the issuing banks party thereto.

The JPM Facility Amendment, among other things, (i) extends the reinvestment period to September 15, 2028, (ii) extends the scheduled termination date to September 15, 2030, (iii) decreases the applicable margin for each applicable reference rate from 2.25% per annum to 1.90% per annum (plus any applicable spread adjustment), and (iv) provides for payment of certain fees.

Borrowings under the JPM Funding Facility are subject to various covenants under the related agreements as well as the leverage restrictions contained in the Investment Company Act of 1940, as amended.

The description above is only a summary of the material provisions of the JPM Facility Amendment and is qualified in its entirety by reference to the copy of the JPM Facility Amendment, which is filed as Exhibit 10.1 to this current report on Form 8-Kand incorporated by reference herein.