Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2023 Financial Results - Seite 2

• For the fiscal year ended December 31, 2023, the Company recorded GAAP net income of $29.3 million. Fiscal year GAAP net income was comprised of total investment income of $26.7 million and net unrealized appreciation on investments of $13.2 million, partially offset by financing costs and operating expenses of $9.4 million, net unrealized appreciation on certain liabilities recorded at fair value of $1.2 million and de minimis net realized capital losses on investments.
• For the fiscal year ended December 31, 2023, the Company received $29.0 million of recurring cash distributions from its investment portfolio, or $3.17 per weighted average common share.
• Recorded other comprehensive income of $2.3 million.

FIRST QUARTER 2024 PORTFOLIO ACTIVITY THROUGH FEBRUARY 15, 2024 AND OTHER UPDATES

• As previously published on the Company’s website, management’s estimate of the range of the Company’s NAV per common share is estimated to be between $14.94 and $15.04 as of January 31, 2024. At the midpoint of the range, this represents a 4.2% increase from year-end.
• Received $10.3 million of recurring cash distributions from the Company’s investment portfolio. As of February 15, 2024, some of the Company’s investments had not yet reached their payment date for the quarter.
• Deployed $8.9 million of net capital into CLO debt, CLO equity and other investments.
• As of February 15, 2024, the Company had $26.6 million of cash and capacity on its revolving credit facility available for investment.

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.⁶

Security	Amount per Share	Record Dates	Payable Dates
Common Stock	$0.20	February 9, 2024, March 8, 2024, April 10, 2024, May 13, 2024, June 10, 2024	February 29, 2024 March 28, 2024 April 30, 2024 May 31, 2024 June 28, 2024
Series A Term Preferred Stock	$0.104167	February 9, 2024,