Partners Group Lending Fund, LLC

Item 3.02 Unregistered Sales of Equity Securities. As of June 1, 2026, Partners Group Lending Fund, LLC (the “Fund”) sold its Class M and Class I units (the “Units”) as listed in the table below. The number of Units to be issued was finalized on June 26, 2026. The offer and sale of the Units was made pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), Regulation D promulgated thereunder and other available exemptions from the registration requirements of the Securities Act to investors who are “accredited investors” within the meaning of Regulation D under the Securities Act. Unit Class Number of Units1 Total Consideration Class I Units - $ - ──────────────────────────────────────────────────────────────────────────── Class M Units 16,233 $ 24,540 1 Figures rounded to the nearest whole Unit

Item 8.01 Other Events. Net Asset Value The NAV per Unit as of May 31, 2026, as determined in accordance with the valuation policies and procedures approved by the Fund’s board of directors, was as follows: NAV as of Unit Class May 31, 2026 Class I Units $1.5117 Class M Units $1.5117 As of May 31, 2026, the Fund’s aggregate NAV was approximately $319.4 million including approximately $209.0 million of debt outstanding. Distributions On June 26, 2026, the Fund announced a distribution on its common units (the “Distribution”) in the amount per Unit set forth below: Unit Class Per Unit Distribution Class I Units $0.0237 Class M Units $0.0237 The Distribution is payable to Fund unitholders of record as of the closing of business on June 25, 2026 and will be paid on or about July 30, 2026. The Distribution will be paid in cash or reinvested in additional units of the Fund for unitholders participating in the Fund’s distribution reinvestment plan. Portfolio and Business Commentary Portfolio Statistics As of May 31, 2026, the Fund had investments in 60 portfolio companies 1. The geographic allocations of the Fund’s portfolio companies, represented as a percentage of fair value, were as follows: 97% in North America, 0% in Europe, and 3% in Asia and Rest of World1. Portfolio Summary as of May 31, 2026 Total Portfolio Size $504.0 million Borrowers1 60 Weighted Average Credit Spread2 5.2% Median LTM EBITDA (at entry)3 $100.3 million Weighted Average First Lien Net Leverage Ratio (at entry)3 5.9x Weighted Average Total Net Leverage Ratio (at entry)3 6.1x Weighted Average loan to value ("LTV") (at entry) 3 39.9% Asset Allocations As of May 31, 2026, based on fair value, the Fund’s portfolio investments consisted of the following: Portfolio Investments First Lien / Unitranche Loans 93.3% Opportunistic Credit 1.6% CLO debt tranches 5.1% Total 100.0% As of May 31, 2026, the ten largest industries in which the Fund was invested, represented as a percentage of fair value1, were as follows: Industry Software 26.4% Health Care Providers & Services 11.3% Professional Services 10.4% IT Services 8.7% Trading Companies & Distributors 7.0% Diversified Consumer Services 5.7% Capital Markets 4.9% Commercial Services & Supplies 3.8% Electrical Equipment 3.0% Machinery 2.9% As of May 31, 2026, the ten largest portfolio company investments in which the Fund was committed, based on par value or, in the case of equity investments, cost, were as follows: Issuer Par or Cost ($ in millions) % of Total ────────────────────────────────────────────────────────────────────────────────────── PT Intermediate Holdings III, LLC 21.0 3.5% PMA Parent Holdings, LLC 20.7 3.5% Diligent Corporation 19.7 3.3% DigiCert, Inc. 19.5 3.3% Ascend Partner Services LLC 18.5 3.1% Optimizely North America Inc. 18.2 3.1% Ruby Buyer, LLC 15.9 2.7% MRI Software LLC 15.0 2.5% CSafe Acquisition Company, Inc. 14.9 2.5% XCL Education Holdings Pte Ltd 14.6 2.4% As of May 31, 2026, based on fair value, investments by vintage year were as follows1: Investments Split by Year 2023 13.9% 2024 42.1% 2025 31.9% 2026 12.1% 1 Calculation excludes CLO debt tranches 2 Calculation includes all instruments with floating rate spreads 3 Calculation excludes CLO debt tranches, opportunistic credit, and recurring revenue loans