Priority Income Fund, Inc. announces a share repurchase program. Under the offer, the fund will repurchase up to $5.4 million worth of its shares. The shares will be repurchased at a price equal to the net asset value per shares as of January 21, 2022. 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, borrowings and proceeds from sale of investments. 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of the offer on a pro rata basis in accordance with the number of shares tendered by each stockholder and not timely withdrawn.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 April 19, 2022, unless extended.

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