Priority Income Fund, Inc. announces a share repurchase program. Under the offer, the fund will repurchase up to 1,099,918 shares, representing 2.5% of its issued share capital. The shares will be repurchased at a price equal to the net asset value per shares as of April 30, 2023. The purpose of the offer is to provide liquidity to the shareholders since there is no current public market for shares. The repurchased shares will be retired and thereafter will be authorized and unissued shares. The repurchased shares will be paid in cash available from cash on hand. If shares tendered are more than the number of shares offered for repurchase then the company will purchase duly tendered shares from tendering stockholders pursuant to the terms and conditions of the offer on a pro rata basis in accordance with the number of shares tendered by each stockholder and not timely withdrawn. The offer will expire on May 4, 2023, unless extended. As of March 24, 2023, there were 52,083,479 Shares issued and outstanding.

Steven B. Boehm and Cynthia R. Beyea of Eversheds Sutherland (US) LLP acted as legal advisors to the company.