Management Change/Compensation (Form 8-K)

Board of Directors

On October 20, 2026, Peter Gordon, Marguerite Brogan and Edward Gellert notified AB Commercial Real Estate Private Debt Fund, LLC (the "Fund") of their resignation from their roles as Board of Directors (each, a "Director") of the Fund, effective October 23, 2026. These resignations are not the result of any disagreement with the Fund regarding the Fund's operations, policies or practices or any issues regarding financial disclosures, accounting or legal matters.

On October 20, 2026, Clark Coffee, Mark Manley and Alexander Chaloff were appointed to serve as Directors of the Fund, effective October 23, 2026.

Clark Coffee joined AllianceBernstein L.P. ("AB") in 2020 and serves as the Chief Investment Officer and Head of European Commercial Real Estate Debt. Mr. Coffee is also a current member of the US Commercial Real Estate Debt Investment Committee. His previous business, Lacarne Capital, was acquired by AB in 2020 to establish the firm's real estate debt team in Europe. Previously, Mr. Coffee was Head of Tyndaris Real Estate, where he was responsible for building the business into a leading real estate debt fund in Europe. Prior to that, he co-headed origination for Deutsche Bank's European commercial real estate credit business and oversaw the risk management and restructuring of more than €2 billion of troubled loans during the global financial crisis. Mr. Coffee holds a BA in economics from Lake Forest College and an MBA from the University of Michigan.

Mark Manley serves as AB's General Counsel and Corporate Secretary. He is a member of AB's Internal Compliance Controls Committee, Code of Ethics Oversight Committee, and a number of the firm's senior operating, risk and compliance committees. Mr. Manley is also a current member of the US Commercial Real Estate Debt Investment Committee. Mr. Manley joined AB in 1984. Prior to his current role, Mr. Manley was AB's Chief Compliance Officer from 1988 until 2021. He holds a BA in criminal justice from St. John's University and a JD from New York Law School. Mr. Manley was admitted to the bar in the state of New York in 1990.

Alexander Chaloff serves as President and Chief Executive Officer of Sanford C. Bernstein & Co., LLC, Bernstein Fund, Inc. and AB Multi-Manager Alternative Fund as of April 2023, and as Chief Investment Officer and Head of Investment & Wealth Strategies of Bernstein Private Wealth Management as of April 2023. Mr. Chaloff also serves as a director or trustee of certain AB funds as of March 2025. He previously served as Co-Head of the Investment Strategy Group since 2020. Mr. Chaloff holds a BA in government and politics from the University of Maryland and an MBA in corporate finance from the University of Southern California, Marshall School of Business.

Executive Officers

On October 20, 2026, Peter Gordon and Marguerite Brogan notified the Fund of their intention to resign from their roles as Chief Executive Officer and Chief Financial Officer, respectively, of the Fund, effective October 23, 2026.

Effective October 23, 2026, Clark Coffee has been appointed to serve as Chief Executive Officer of the Fund, and Shane McGrogan has been appointed to serve as Chief Financial Officer of the Fund.

Shane McGrogan is a Director for US Commercial Real Estate Debt in AB's Real Estate Group, responsible for providing cash-management, accounting, operations and portfolio analytics. Prior to joining the firm in 2017, he worked as a supervisor for SEI Investments Company, an analyst for Mitsubishi UFJ Fund Services and an analyst for Bank of New York Mellon. McGrogan holds a BSBA in marketing from Bloomsburg University and is a CFA charterholder.

There are no family relationships between any of Mr. Coffee, Mr. Manley, Mr. Chaloff or Mr. McGrogan and any of the Fund's current or former directors or executive officers. None of Mr. Coffee, Mr. Manley, Mr. Chaloff or Mr. McGrogan is a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K promulgated under the Securities Act of 1933, as amended.