Company: PRIF-PJ
Filing Date: 2025-02-28
Form Type: N-CSRS
Source: 0001554625-25-000010
Chunk: 36

Company: Priority Income Fund, Inc.
Filing Date: 2025-02-28
Form: N-CSRS
Chunk 36
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 and working capital requirements;

• the relative economies of scale with respect to the Company’s size;

• the Company’s history in repurchasing shares or portions thereof; and

• the condition of the securities markets.

The Company limits the number of shares to be repurchased in any calendar quarter to up to 2.5% of the number of shares outstanding at the close of business on the last day of the prior fiscal year. At the discretion of the Company’s Board, the Company may use cash on hand, and cash from the sale of investments as of the end of the applicable period to repurchase shares. The Company will offer to repurchase such shares at a price equal to the net asset value per share of our common stock specified in the tender offer. The Company’s Board may suspend or terminate the share repurchase program at any time. The first such tender offer commenced in May 2015.

#### 2025 SEMI-ANNUAL REPORT
PRIORITY INCOME FUND, INC. 36

The following table sets forth the number of common shares that were repurchased by the Company in each tender offer:

| Quarterly Offer Date                             
 For the Six Months Ended December 31, 2024       
 June 30, 2024                                    |     | Repurchase Date |     | August 16, 2024   |     | Shares Repurchased | 2,403,947 |     | Percentage of Shares Tendered That Were Repurchased | 100.00 | % |     | Repurchase Price Per Share | 10.66 |     | Aggregate Consideration for Repurchased Shares | 25,633,409 |
|:-------------------------------------------------|:----|:----------------|:----|:------------------|:----|:-------------------|----------:|:----|:----------------------------------------------------|-------:|:--|:----|:---------------------------|------:|:----|:-----------------------------------------------|-----------:|
| September 30, 2024                               |     |                 |     | November 18, 2024 |     |                    | 1,651,089 |     |                                                     | 100.00 | % |     |                            | 10.41 |     |                                                | 17,187,837 |
| Total for the six months ended December 31, 2024 |     |                 |     |                   |     |                    | 4,055,036 |     |                                                     |        |   |     |                            |       |     |