Mr. Mike Pyle reports

EXCHANGE INCOME CORPORATION ANNOUNCES APRIL 2026 DIVIDEND AND AMENDMENTS TO ITS DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN

The directors of Exchange Income Corp. have declared eligible dividends totalling 23 cents per share for the month ended April 30, 2026, payable May 15, 2026, to shareholders of record at the close of business on April 30, 2026.

The corporation also announced today certain amendments to its dividend reinvestment and share purchase plan. Under the plan, participants may elect to have their dividends reinvested in additional common shares of the corporation at a price based on the volume-weighted average closing trading price of the common shares on the Toronto Stock Exchange for the five trading days immediately preceding the dividend payment date, less a discount to such trading price. The directors have amended the plan to reduce the discount to the trading price from 3 per cent to 1 per cent.

The amendments will be effective for the April, 2026, dividend that will be payable on May 15, 2026, to shareholders of record at the close of business on April 30, 2026. A copy of the plan is available on the corporation's website and on SEDAR+.

Eligible shareholders will continue to have the opportunity to reinvest their dividends in accordance with the 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 in two segments: aerospace and aviation and 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.