Quantum Corp (QMCO) September 2026 Annual General Meeting Transcript

Thank you for standing by, and welcome to the Carlyle Credit Income Fund meeting. I will now turn the call over to Nishal Mehta.

Good morning. The annual meeting of the stockholders of Carlyle Credit Income Fund will now come to order. I will refer to Carlyle Credit Income Fund as the company. I am Nishal Mehta, Principal Executive Officer and President of the company, and I will chair the meeting. Ms. Just will act as Secretary of the meeting. We will cover the election of one trustee. Please note that there will be no Q&A session at this meeting. If you have any questions, please feel free to contact Investor Relations after the meeting. To start, we will cover some administrative matters. First, Ms. Just, will you please confirm proof of notice of the meeting?

I hereby confirm that the company's Notice of Internet Availability of Proxy Materials, dated August 4, 4, 2026, was mailed to holders of record of the company's preferred stock at the close of business on April 4, 2026, as evidenced by an affidavit signed by Broadbridge Financial Solutions, Inc. Thank you.

Please file the affidavit of mailing with the minutes of the meeting. Next, we will appoint an inspector of election. I hereby appoint Samuel Griffin of the Carlisle Group to act as the inspector of election. He will determine, one, the number of shares outstanding and the number of shares present at the meeting, two, the existence of a quorum, and three, the authenticity, validity, and effect of proxies, and will receive and tally the votes on the matters to be acted upon at the meeting. Mr. Griffin has executed an affidavit to execute his duties as an inspector faithfully. The Secretary will attach the affidavit to the minutes of the meeting. Mr. Griffin, do you have the certified list of holders of the company's preferred stock at the close of the business on the record date, July 31st, 2026, for stockholders entitled to notice of and to vote at the meeting?

Yes, I had the list of holders of record of the company's preferred stock as of the record date certified by Equality Trust Company. There are 1,220,517 shares of preferred stock outstanding and entitled to vote at the meeting.

Thank you. We will now determine the number of shares present at the meeting.

Any stockholders present who have not submitted proxies may vote by following instructions on the meeting website. If you have previously executed a proxy but now wish to vote virtually, you may do so and will revoke the proxy previously executed. Mr. Griffin, please state the number of shares present either virtually or by proxy.

There are present, either virtually or by proxy, a total of 941,530 shares of preferred stock, representing a majority of the outstanding shares of the company entitled to vote at the meeting.

Thank you. With legal notice of the meeting having been given and a quorum being present, the meeting is lawfully convened and ready to transact to business. As a reminder, any stockholder who is present and who wishes to vote may do so by following the instructions on the virtual meeting site. The item on the ballot is the election of Ms. McCabe as a Class II trustee to serve a three-year term expiring in 2029 and until her successor is duly elected and qualified. Ms. McCabe is to be voted upon by holders of the company's preferred stock. Each holder of preferred stock entitled to vote at the meeting will have the right to one vote for each share recorded in his or her name. Any stockholder present who wish to vote on the election of the nominee should do so at following the instructions on the virtual meeting site.

With the presentation of the proposal complete, the ballots are now closed.

Mr. Griffin, will you please tally the votes? The inspector's report having been filed, I report on the voting as follows.

The motion to elect Ms. Jo McCabe as a Class II Trustee to serve for a three-year term expiring at the Annual Meeting of Stockholders to be held in 2029, and in the case until her successor is duly elected and qualified, received a plurality of the votes represented at the meeting, and voting on the proposal cast by holders of the company's preferred stock as applicable, voting together or separately as a single class as applicable.

Therefore, Ms. McCabe is elected. There being no additional business, the meeting is nearby adjourned. Thank you for participating.

This concludes today's meeting. You may now disconnect.