Company: PRIF-PJ
Filing Date: 2025-09-03
Form Type: PRE 14A
Source: 0001554625-25-000063
Chunk: 28

Company: Priority Income Fund, Inc.
Filing Date: 2025-09-03
Form: PRE 14A
Chunk 28
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 retention or termination of the independent registered public accounting firm for the Fund. The Fund’s independent registered public accounting firm for the fiscal year ended June 30, 2025 was Deloitte & Touche LLP (“Deloitte”).

At a meeting held on August 22, 2025, the Fund’s Audit Committee recommended and the Board, including a majority of the independent directors, approved the selection of Deloitte as the Fund’s independent registered public accounting firm for the fiscal year ending June 30, 2026. The 1940 Act rules do not require that the Board’s selection of Deloitte be submitted for ratification by stockholders of the Fund. We expect that a representative of Deloitte will be present at the Annual Meeting and will have an opportunity to make a statement if he or she so chooses and will be available to respond to appropriate questions. After reviewing the Fund’s audited financial statements for the fiscal year ended June 30, 2025, the Fund’s Audit Committee recommended to the Board that such statements be included in the Fund’s annual report to stockholders. A copy of the Audit Committee’s report appears below.

The Audit Committee and the Board have considered the independence of Deloitte and have concluded that Deloitte is independent as required by the applicable rules of the Public Company Accounting Oversight Board. In connection with their determination, Deloitte has advised the Fund that neither the firm nor any present member or associate of it has any material financial interest, direct or indirect, in the Fund or its affiliates.

Audit Fees. The aggregate fees billed for professional services rendered by Deloitte for services that are normally provided by Deloitte in connection with statutory and regulatory filings or engagements for the fiscal years ended June 30, 2025 and June 30, 2024 were approximately $478,500 and $450,000, respectively.

Audit-Related Fees. The aggregate fees billed for assurance and related services rendered by Deloitte that are reasonably related to the performance of the audit of the Fund’s financial statements and not reported under audit fees in the fiscal years ended June 30, 2025 and June 30, 2024 were approximately $0 and $0, respectively. These services include attest services that are not required by statute or regulation and consultations concerning financial accounting and reporting standards.

Tax Fees. The aggregate fees billed for professional services by Deloitte for tax compliance, tax advice and tax planning in the fiscal years ended June 30, 2025 and