Mr. Mike Pyle reports

EXCHANGE INCOME CORPORATION ANNOUNCES MARCH 2024 DIVIDEND

Exchange Income Corp. has declared a dividend of 22 cents per share for the month ending March 31, 2024, payable April 15, 2024, to shareholders of record at the close of business on March 29, 2024.

Eligible shareholders have the opportunity to reinvest their dividends in accordance with the corporation's dividend reinvestment and share purchase plan. Additional details can be found in the investor information section of the corporation's website.

The dividend is designated as an eligible dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits which reduce income tax otherwise payable.

About Exchange Income Corp.

Exchange Income is a diversified, acquisition-oriented company, focused on two sectors: (i) aerospace and aviation services and equipment; and (ii) manufacturing. The corporation uses a disciplined acquisition strategy to identify already-profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.

We seek Safe Harbor.