Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

On January 7, 2026, Fidelity Private Credit Fund CSPV LLC (the "CSPV"), a wholly-owned subsidiary of Fidelity Private Credit Fund (the "Fund"), entered into that certain Amendment No. 1 to Credit and Security Agreement (the "First Amendment"), which amends that certain Credit and Security Agreement, dated December 12, 2024 (the "Citi Credit Facility"), by and among the CSPV, as borrower, the Fund, as equityholder and collateral manager, Citibank, N.A., as administrative agent, the lenders party thereto, State Street Bank and Trust Company, as collateral agent and as custodian, and Virtus Group, LP, as collateral administrator.

The First Amendment provides for, among other things, (i) an extension of the reinvestment period from December 2027 to December 2028, (ii) an extension of the maturity date from December 2029 to December 2030, and (iii) a reduction of the applicable margin (a) prior to the commitment termination date, from 2.30% per annum to 1.95% per annum, and (b) on and after the commitment termination date, from 2.80% per annum to 2.45% per annum.

The description above is only a summary of the material provisions of the Citi Credit Facility and is qualified in its entirety by reference to a copy of the First Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation

The information included under Item 1.01 above regarding the Citi Credit Facility and the First Amendment is incorporated by reference into this Item 2.03.