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Priority Income Fund Announces 22.0% Annualized Total Cash Distribution Rate (on Net Asset Value) with “Bonus” and “Base” Common Shareholder Distributions for September 2025 through November 2025

1. PSEC declared cash distributions for September, October, and November 2025. 2. Annualized distribution is $1.34016 per share, 22.0% yield. 3. This marks 141st, 142nd, and 143rd consecutive monthly distributions. 4. Cumulative cash distributions total $16.73 per share since inception. 5. Distributions include cash 'base' and 'bonus' distributions for shareholders.

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Why Bullish?

Consistent cash distributions enhance investor confidence and income stability for PSEC, similar to past high-yield fund performances.

How important is it?

Stable dividends are critical for income-focused investors, boosting demand for PSEC shares.

Why Short Term?

Immediate cash distributions could lead to short-term price uplift as investors react positively.

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PSECPriority Income Fund
September 12, 2025 07:00 ET  | Source: Priority Income Fund, Inc. NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for September 2025, October 2025 and November 2025. The distributions remain consistent with prior declared monthly distributions. The annualized total cash distribution is $1.34016 per share (22.0% annualized rate based on the July 31, 2025 net asset value), for distributions with record dates between September 15, 2025 and November 4, 2025 based on the current net asset value of $6.09 per common share. The cash “base” distribution will have monthly record dates and will be payable monthly to common stockholders of record at the close of business each month. These declared distributions equal a weekly cash amount of $0.02014 per share of common stock (or $0.26182 on a quarterly basis) as follows: Monthly Cash “Base” Shareholder DistributionRecord DatePayment DateTotal Amount($ per share)September 2025September 15, 2025September 29, 2025$0.08056October 2025October 2, 2025October 27, 2025$0.10070November 2025November 4, 2025November 24, 2025$0.08056 These distributions represent the 141st, 142nd, and 143rd consecutive monthly “base” distributions paid by the Fund. The Fund's Board of Directors has also declared monthly cash “bonus” distributions, as follows: Monthly Cash “Bonus” Shareholder DistributionRecord DatePayment DateAmount ($ per share)September 2025September 15, 2025September 29, 2025$0.024167October 2025October 2, 2025October 27, 2025$0.024167November 2025November 4, 2025November 24, 2025$0.024167 The September, October and November cash “bonus” distributions represent the 60th, 61st, and 62nd monthly “bonus” distributions that the Fund has declared. The Fund has paid or declared cumulative cash distributions totaling $16.73 per common share since inception in January 2014 through November 2025. The Fund also announced the declaration of distributions on shares of the Fund’s 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).  Ex-Dividend DateRecord DatePayable DateDistribution per ShareSeries DSeptember 23, 2025September 23, 2025September 30, 2025$0.43750Series JSeptember 23, 2025September 23, 2025September 30, 2025$0.37500Series KSeptember 23, 2025September 23, 2025September 30, 2025$0.43750Series LSeptember 23, 2025September 23, 2025September 30, 2025$0.39844 Distributions shall first be treated as a distribution of taxable investment company income undistributed from the prior year, and then treated as a distribution of taxable investment company income for the current year. This treatment will not affect tax reporting to shareholders. About Priority Income FundPriority Income Fund, Inc. is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations ("CLOs"). Such loans will generally have a floating interest rate and include a first lien on the assets of the respective borrowers, which typically are private and public companies based in the United States. The Fund is managed by Priority Senior Secured Income Management, LLC, which is led by a team of investment professionals from the investment and operations team of Prospect Capital Management L.P. For more information, visit https://www.priorityincomefund.com. About Prospect Capital Management L.P.Prospect Capital Management L.P. (“Prospect”), headquartered in New York City, is an SEC-registered investment adviser that, along with its predecessors and affiliates, has more than 30-years of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of over 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $7.5 billion of assets under management as of June 30, 2025. Prospect is the investment adviser to Prospect Capital Corporation (NASDAQ: PSEC). For more information, call (212) 448-0702 or visit https://www.prospectcap.com. About Preferred Capital Securities, LLCPreferred Capital Securities, LLC (“PCS”) serves as the dealer-manager for Priority Income Fund, Inc. and has been a member of FINRA/SIPC since 2015. Formed in 2013, PCS is a boutique managing broker-dealer that distributes alternative investments, including real estate and credit investment products in private and public structures through broker dealers and registered investment advisors. PCS has raised over $4.9 billion of capital as a wholesale distributor for various alternative investment strategies. For more information, call 855-320-1414 or visit http://www.pcsalts.com. Additional Information Past performance is not indicative of future performance. Our distributions may exceed our earnings, and therefore, portions of the distributions that we make may be a return of the money that you originally invested and represent a return of capital to you for tax purposes. Such a return of capital is not immediately taxable, but reduces your tax basis in our shares, which may result in higher taxes for you even if your shares are sold at a price below your original investment. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus and summary prospectus contains this and other information relevant to an investment in the fund. Please read the prospectus or summary prospectus carefully before you invest or send money. To obtain a prospectus, please contact your investment representative or Investor Services at 866.655.3650. Forward-Looking StatementsThis press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future performance of Priority Income Fund, Inc. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Any such statements, other than statements of historical fact, are highly likely to be affected by unknowable future events and conditions, including elements of the future that are or are not under the control of Priority Income Fund, Inc. and that Priority Income Fund, Inc. may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and Priority Income Fund, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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