CCIF · Carlyle Credit Income Fund

Represents the weighted average purchase price per share. The shares were purchased at prices ranging from $6.015 to $6.020 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

Represents the weighted average purchase price per share. The shares were purchased at prices ranging from $7.85 to $7.86 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

Represents the average purchase price per share. The shares were purchased at prices ranging from $7.62 to $7.66 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer

Pursuant to a transaction that closed on September 12, 2023, CG Subsidiary Holdings, L.L.C. ("CG Sub Holdings") purchased newly-issued shares of beneficial interest in the Issuer (the "Shares") on September 13, 2023 from the Issuer at a price of 8.52 per Share, which equaled the net asset value per Share on September 12, 2023, for a total purchase price of $10,816,451.40.

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein.

On July 18, 2023, CG Subsidiary Holdings, L.L.C. ("CG Sub Holdings"), commenced a tender offer (as amended and supplemented from time to time, the "Tender Offer") to purchase up to $25,000,006.70 in value of outstanding shares of beneficial interest in the Issuer (the "Shares"). The Tender Offer expired at 11:59 P.M., New York City time, on August 28, 2023 (the "Expiration Date"). A total of approximately 7,477,489 Shares were validly tendered and not withdrawn in connection with the Tender Offer. CG Sub Holdings accepted for purchase 3,012,049 of such Shares. The price per Share paid by CG Sub Holdings was $8.30 (the "Offer Price"), which equaled the net asset value per Share on August 14, 2023 and calculated on the following day.

In connection with the Tender Offer and related transactions, CG Sub Holdings will purchase an additional 504,042 Shares from existing shareholders of the Issuer for the Offer Price. Such purchase is expected to close on September 12, 2023.

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein.

On July 18, 2023, CG Subsidiary Holdings, L.L.C. ("CG Sub Holdings"), commenced a tender offer (as amended and supplemented from time to time, the "Tender Offer") to purchase up to $25,000,006.70 in value of outstanding shares of beneficial interest in the Issuer (the "Shares"). The Tender Offer expired at 11:59 P.M., New York City time, on August 28, 2023 (the "Expiration Date"). A total of approximately 7,477,489 Shares were validly tendered and not withdrawn in connection with the Tender Offer. CG Sub Holdings accepted for purchase 3,012,049 of such Shares. The price per Share paid by CG Sub Holdings was $8.30 (the "Offer Price"), which equaled the net asset value per Share on August 14, 2023 and calculated on the following day.

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein.

In connection with the Tender Offer and related transactions, CG Sub Holdings will purchase an additional number of newly issued Shares from the Issuer at a price equal to the greater of the Offer Price and the net asset value per Share on September 12, 2023 for a total purchase price of $10,816,451.40. The number of Shares reflected above is calculated assuming such purchase occurs at the Offer Price. To the extent the purchase price is greater than the Offer Price, a fewer number of Shares will be purchased.

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein.