Nuveen Churchill amends DRIP for Tennessee investors; opt-in required for reinvestment

Nuveen Churchill Private Capital Income Fund

On July 18, 2025, Board approved amended DRIP to comply with Tennessee blue sky comment.
Future Tennessee investors receive cash distributions unless they specifically elect reinvestment.
For investors in other listed states, DRIP remains opt-in; for all others, automatic enrollment continues.
Amended DRIP filed as Exhibit 10.1; no other terms changed from prior plan.

item 1.01item 9.01

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