Company: PRIF-PJ
Filing Date: 2025-07-10
Form Type: 40-APP
Source: 0001287032-25-000183
Chunk: 23

Company: Priority Income Fund, Inc.
Filing Date: 2025-07-10
Form: 40-APP
Chunk 23
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 execute such other documents, including amendments to the Application, as they deem necessary or desirable to cause the Application to conform to comments received from the Staff of the SEC and otherwise to comply with the Investment Company Act of 1940 and the rules and regulations promulgated thereunder, in such form and accompanied by such exhibits and other documents, as the Officers preparing the same shall approve, such approval to be conclusively evidenced by the filing of the Application; and it is further

#### RESOLVED
, that the Officers be, and each of them hereby is, authorized, empowered and directed, in the name and on behalf of Company, to perform all of the agreements and obligations of the Company in connection with the foregoing resolutions, to take or cause to be taken any and all further actions, to execute and deliver, or cause to be

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executed and delivered, all other documents, instruments, agreements, undertakings, and certificates of any kind and nature whatsoever, to incur and pay all fees and expenses and to engage such persons as the Officers may determine to be necessary, advisable or appropriate to effectuate or carry out the purposes and intent of the foregoing resolutions, and the execution by the Officers of any such documents, instruments, agreements, undertakings and certificates, the payment of any fees and expenses or the engagement of such persons or the taking by them of any action in connection with the foregoing matters shall conclusively establish the Officers’ authority therefore and the authorization, acceptance, adoption, ratification, approval and confirmation by the Company thereof.

Resolutions of the Board of Directors of Prospect Floating Rate and Alternative Income Fund, Inc.

Approval of Filing Section 17(d) Application for Co-Investment Relief

#### WHEREAS
, the Board of Directors (the “

#### Board
”) believes it is in the best interests of Prospect Floating Rate and Alternative Income Fund, Inc. (the “

#### Company
”) to file an application for an order to replace a prior order under Sections 17(d) and 57(i) of the Investment Company Act of 1940 and Rule 17d-1 under the Investment Company Act of 1940 to permit certain joint transactions otherwise prohibited by Section 17(d) and 57(a)(4) of the Investment Company Act of 1940 and Rule 17d-1 under the Investment Company Act of 1940 (the “

#### Application
”).

#### NOW, THEREFORE, BE IT RESOLVED