Company: PRIF-PJ
Filing Date: 2025-03-26
Form Type: N-2
Source: 0001554625-25-000027
Chunk: 152

Company: Priority Income Fund, Inc.
Filing Date: 2025-03-26
Form: N-2
Chunk 152
---
, your revocation must be given to us a reasonable time before electronic delivery has commenced. We will provide you with paper copies at any time upon request. Such request will not constitute revocation of your consent to receive required documents electronically.

<div align='center'>92</div>

### DESCRIPTION OF THE SERIES M TERM PREFERRED STOCK
The following describes the material terms of our Preferred Stock, including material terms of the Series M Term Preferred Stock. This is not a complete description and is subject to, and entirely qualified by reference to our Charter, including the Articles Supplementary Classifying the Preferred Stock, or the “Articles Supplementary,” and the Articles Supplementary classifying the Series M Term Preferred Stock, or “Appendix M.” The final form of Articles Supplementary, and Appendix M thereto, will be filed with the SEC as an exhibit to our registration statement of which this prospectus is a part. You may obtain copies of these documents as described under “Available Information.”

#### General
We are authorized to issue 50.0 million shares of Preferred Stock. We are designating [___] million of these shares as the Series M Term Preferred Stock. The terms of the Series M Term Preferred Stock are set forth in two documents: (i) the Articles Supplementary and (ii) Appendix M to the Articles Supplementary. The Articles Supplementary set forth the general terms applicable to any series of Preferred Stock that we may issue. Certain specific terms applicable to the Series M Term Preferred Stock offered by this prospectus are separately set forth in Appendix M to the Articles Supplementary.

At the time of issuance, any Preferred Stock, including the Series M Term Preferred Stock, will be fully paid and nonassessable and will have no preemptive, conversion, or exchange rights or rights to cumulative voting. The Preferred Stock will rank equally with all our other Preferred Stock that might be issued in the future, as to payment of dividends and the distribution of our assets upon dissolution, liquidation or winding up of our affairs. The Preferred Stock is, and all other Preferred Stock that we may issue in the future will be, senior as to dividends and distributions to our common stock. We may issue additional series of Preferred Stock in the future.

Except in certain limited circumstances, holders of the Preferred Stock will not receive certificates representing their ownership interest in such shares, and the shares of Preferred Stock will be represented by a global certificate to be held by the Securities Depository for the Preferred Stock. The Depository Trust Company will initially act as Securities Depository with respect to the Preferred Stock.

#### Div