Eagle Point Income Company Inc. Announces Second Quarter 2026 Common and Preferred Distributions

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

For the second quarter of 2026, the Company is declaring three separate monthly distributions of $0.11 per share on its common stock.

The distributions are payable based on the following schedule:

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 2026 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") and 8.00% Series C Term Preferred Stock due 2029 (the "Series C Term Preferred Stock") as follows:

The distributions on the Series A Term Preferred Stock and Series C Term Preferred Stock reflect an annual distribution rate of 5.00% 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 gains. The Company seeks to achieve its investment objectives 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.

In addition to the Company's regulatory requirement to file certain portfolio information with the SEC, the Company makes certain additional financial information available to investors via its website (www.EaglePointIncome.com), press releases and other public disclosures.

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:

Prosek Partners

(203) 340-8510

[email protected]

www.EaglePointIncome.com