Eagle Point Income Company Inc. Announces Second Quarter 2023 Financial Results - Seite 2

• In July 2023, the Company completed an underwritten public offering, including full exercise of the underwriters’ overallotment option, of 1.3 million shares of 7.75% Series B Term Preferred Stock due 2028 (the “Series B Term Preferred Stock”), resulting in net proceeds of approximately $31.2 million and providing the Company with additional capital for investment opportunities.
• NAV per common share is estimated to be between $13.39 and $13.49 as of July 31, 2023.
• Received $6.7 million of recurring cash distributions from the Company’s investment portfolio. As of July 31, 2023, some of the Company’s investments had not yet reached their payment date for the quarter.
• Deployed $10.2 million of net capital into CLO debt and other investments.
• Issued 55,894 shares of common stock pursuant to the Company’s “at-the-market” offering program, for total net proceeds of approximately $0.7 million.
• As of July 31, 2023, the Company had $48.6 million of cash and capacity on its revolving credit facility available for investment.
• On August 9, 2023, declared a 13% increase in common stock monthly distributions to $0.18 per share beginning with the distribution payable on October 31, 2023.

DISTRIBUTIONS

As previously announced, the Company declared the following monthly distributions to its Common Stock, Series A Term Preferred Stock and Series B Term Preferred Stock.⁵

Security	Amount per Share	Record Dates	Payable Dates
Common Stock Regular	$0.16	August 11, 2023, September 11, 2023	August 31, 2023, September 29, 2023
Common Stock Regular	$0.18	October 11, 2023, November 13, 2023, December 11, 2023	October 31, 2023, November 30, 2023, December 29, 2023
Series A Term Preferred Stock	$0.104167	August 11, 2023, September 11, 2023, October 11, 2023, November 13, 2023,