Eagle Point Income Company Inc. Announces First Quarter 2025 Common and Preferred Distributions

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the Company’s common stock.

For the first quarter of 2025, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock.

The distributions are payable based on the following schedule:

Amount per Common Share

Record Date

Payable Date

$0.20

January 13, 2025

January 31, 2025

$0.20

February 10, 2025

February 28, 2025

$0.20

March 11, 2025

March 31, 2025

Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Company’s stockholders on Form 1099 after the end of the 2025 calendar year.

The Company is also pleased to announce the declaration of distributions on shares of the Company’s 5.00% Series A Term Preferred Stock due 2026 (the “Series A Term Preferred Stock”), the Company’s 7.75% Series B Term Preferred Stock due 2028 (the “Series B Term Preferred Stock”) and the Company’s 8.00% Series C Term Preferred Stock due 2029 (the “Series C Term Preferred Stock”) as follows:

Preferred Stock Type

Amount per

Share of

Preferred Stock

Record Dates

Payable Dates

Series A Term Preferred Stock

$0.104167

January 13, 2025,

February 10, 2025,

March 11, 2025

January 31, 2025,

February 28, 2025,

March 31, 2025

Series B Term Preferred Stock

$0.161459

Series C Term Preferred Stock

$0.166667

The distributions on the Series A Term Preferred Stock, Series B Term Preferred Stock and Series C Term Preferred Stock reflect an annual distribution rate of 5.00%, 7.75% and 8.00%, respectively, of the $25 liquidation preference per share.

ABOUT EAGLE POINT INCOME COMPANY

The Company is a diversified, closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities. The Company is externally managed and advised by Eagle Point Income Management LLC.

The Company makes certain unaudited portfolio information available each month on its website in addition to making certain other unaudited financial information available on its website (www.eaglepointincome.com). This information includes (1) an estimated range of the Company’s NII and realized capital gains or losses per share of common stock for each calendar quarter end, generally made available within the first fifteen days after the applicable calendar month end, (2) an estimated range of the Company’s NAV per share of common stock for the prior month end and certain additional portfolio-level information, generally made available within the first fifteen days after the applicable calendar month end and (3) during the latter part of each month, an updated estimate of NAV, if applicable, and, with respect to each calendar quarter end, an updated estimate of the Company’s NII and realized capital gains or losses per share for the applicable quarter, if available.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company’s other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

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Investor and Media Relations: ICR 203-340-8510 [e-mail] www.eaglepointincome.com