Company: PRIF-PJ
Filing Date: 2025-08-28
Form Type: N-CSR
Source: 0001554625-25-000057
Chunk: 31

Company: Priority Income Fund, Inc.
Filing Date: 2025-08-28
Form: N-CSR
Chunk 31
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 tender offers pursuant to its share repurchase program. The Company’s Board considers the following factors, among others, in making its determination regarding whether to cause us to offer to repurchase shares and under what terms:

• the effect of such repurchases on our qualification as a RIC (including the consequences of any necessary asset sales);

• the liquidity of the Company’s assets (including fees and costs associated with disposing of assets);

• the Company’s investment plans 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 ANNUAL REPORTPRIORITY INCOME FUND, INC.34
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 Year Ended June 30, 2025       
 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,