Company: PRIF-PJ
Filing Date: 2025-03-26
Form Type: N-2
Source: 0001554625-25-000027
Chunk: 225

Company: Priority Income Fund, Inc.
Filing Date: 2025-03-26
Form: N-2
Chunk 225
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<div align='center'>Signature Page to the Articles Supplementary Establishing and Fixing the Rights and

Preferences of Series M Term Preferred Stock

A-16</div>

### STATEMENT OF ADDITIONAL INFORMATION
The information in this preliminary statement of additional information is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary statement of additional information is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

#### Subject To Completion, dated March 25, 2025

#### Priority Income Fund, Inc.
<div align='center'>STATEMENT OF ADDITIONAL INFORMATION DATED [___], 2025</div>

This STATEMENT OF ADDITIONAL INFORMATION, or SAI, is NOT A PROSPECTUS and should only be read in conjunction with our prospectus, dated [___], 2025, relating to this offering and any accompanying prospectus supplement. A copy of the prospectus and any accompanying prospectus supplement may be obtained, without charge, by calling us at (212) 448-0702, or by visiting our website at www.priorityincomefund.com (which is not intended to be an active hyperlink).

Our prospectus and this SAI omit certain of the information contained in the registration statement filed with the Securities and Exchange Commission, or the SEC. The registration statement may be obtained from the SEC via the SEC’s website at www.sec.gov , at no charge.

Unless otherwise noted, the terms “we,” “us,” “our,” and “Priority Income Fund” refer to Priority Income Fund, Inc. Terms not defined herein have the same meaning as given to them in the prospectus.

<div align='center'>SAI-1</div>

### TABLE OF CONTENTS
|                                                      |     | Page   |
| TABLE OF CONTENTS                                    |     | SAI-2  |
| CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS |     | SAI-3  |
| CONTROL PERSONS AND PRINCIPAL STOCKHOLDERS           |     | SAI-5  |
| REGULATION                                           |     | SAI-7  |
| BROKERAGE ALLOCATION AND OTHER PRACTICES             |     | SAI-11 |
| FINANCIAL STATEMENTS                                 |     | SAI-11 |

<div align='center'>SAI-2