On December 10, 2024, in connection with a previously announced public offering (the “Offering”), Eagle Point Credit
Company Inc. (the “Company”) entered into the sixth supplemental indenture (the “Sixth Supplemental Indenture”) between the
Company and Equiniti Trust Company, LLC (the “Trustee”), which supplements a base indenture, dated December 4, 2015, between
the Company and the Trustee (the “Base Indenture,” and, together with the Sixth Supplemental Indenture, the “Indenture”). The Sixth
Supplemental Indenture relates to the Company’s issuance of $100,000,000 aggregate principal amount of its 7.75% Notes due 2030
(the “Notes”). The representative of the underwriters in the Offering may exercise an option to purchase up to an additional $15,000,000
aggregate principal amount of Notes within 30 days of December 4, 2024. The Notes are expected to be listed on the New York Stock Exchange and to trade under the trading symbol “ECCU”. The 2030
Notes will be the Company’s direct unsecured obligations and, upon the Company’s liquidation, dissolution or winding up, will rank (1)
senior to the outstanding shares of the Company’s common stock and preferred stock, (2) pari passu (or equally) with the Company’s
existing and future unsecured indebtedness, including the Company’s 6.6875% Notes due 2028, the Company’s 5.375% Notes due 2029
and the Company’s 6.75% Notes due 2031, (3) effectively subordinated to any of the Company’s existing or future secured indebtedness
(including indebtedness that is initially unsecured, but to which the Company grants subsequently security), to the extent of the value
of the assets securing such indebtedness and (4) structurally subordinated to all existing and future indebtedness of the Company’s
subsidiaries, financing vehicles or similar facilities. As of 2024-12-10, the Fund’s leverage was 21.3% and Collateralized Loan Obligation Group leverage was 25.1%.