Premium Income Corporation Announces Class A Share Split and an Increase to Total Distributions

Core Viewpoint - Premium Income Corporation plans to execute a share split of its class A shares due to strong performance, subject to approval by the Toronto Stock Exchange [1] Group 1: Share Split Details - Class A shareholders of record on January 13, 2026, will receive 10 additional class A shares for every 100 shares held [1] - Class A shares will begin trading on an ex-split basis on January 13, 2026, with no fractional shares issued [3] - The share split is classified as a non-taxable event [3] Group 2: Distribution Increase - The monthly distribution for class A shareholders will increase from $0.08 to $0.09 per share, representing a 12.5% increase [2] - The total dollar amount of distributions to class A shareholders is expected to rise by approximately 22% due to the share split and distribution increase [2] - Since inception, class A shareholders have received cash distributions totaling $41.61 per share [2] Group 3: Upcoming Distribution Payments - Monthly distributions are scheduled for January 30, 2026, for shareholders of record on January 15, 2026, with amounts of $0.09 for class A shares and $0.10625 for preferred shares [3]