Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced the declaration of distributions on shares of the Company’s common and preferred stock for the first fiscal quarter 2027 (second calendar quarter of 2026) and results for the third fiscal quarter ended December 31, 2025.

The Company is declaring a monthly distribution of $0.20 per share on its common stock to be paid on each of April 30, 2026, May 29, 2026, and June 30, 2026.

The distributions are payable based on the following schedule:

Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Company’s stockholders on Form 1099 after the end of the 2026 calendar year.

The Company is also declaring a monthly distribution of $0.16667 on shares of the Company’s 8.00% Series A Term Preferred Stock due 2029 (the “Series A Term Preferred Stock”) to be paid on each of April 30, 2026, May 29, 2026, and June 30, 2026.

The distributions are payable based on the following schedule:

The distributions on the Series A Term Preferred Stock reflect an annual distribution rate of 8.00% of the $25.00 liquidation preference per share.

The Company is also pleased to announce the declaration of distributions on shares of the Company’s 7.875% Series B Term Preferred Stock due 2030 (the “Series B Term Preferred Stock”) as follows:

The distributions on the Series B Term Preferred Stock reflect an annual distribution rate of 7.875% of the $25.00 liquidation preference per share.

THIRD FISCAL QUARTER ENDED DECEMBER 31, 2025 RESULTS

FOURTH FISCAL QUARTER PORTFOLIO ACTIVITY AND OTHER UPDATES

CONFERENCE CALL

The Company will host a conference call at 11:00 a.m. (Eastern Time) today to discuss these results. All interested parties are welcome to participate in the conference call via the below:

To access the call, please dial-in approximately five minutes before the start time and, if asked, provide the operator with Conference ID “SOUNDFQ3”.

An accompanying slide presentation is available in pdf format via the “Events and Presentations” section of the Company’s website (https://www.soundpointmeridiancap.com/

The call will also be simultaneously webcast over the internet via the “Events and Presentations” section of the Company’s website (https://www.soundpointmeridiancap.com/

About the Company

The Company is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation (“CLO”) equity and mezzanine tranches of predominately U.S. dollar-denominated CLOs backed by corporate leveraged loans issued primarily to U.S. obligors. The Company is externally managed and advised by Sound Point Meridian Management Company, LLC, a Delaware limited liability company. For additional information, visithttps://www.soundpointmeridiancap.com

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

Weighted average effective yield is based on investments’ amortized cost and expected future cash flows as of the applicable period end.¹

“Cash distributions” refers to the quarterly distributions received by the company from its CLO equity investments.²

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Record Date	Payable Date	Amount per common share
April 15, 2026	April 30, 2026	$0.20
May 15, 2026	May 29, 2026	$0.20
June 15, 2026	June 30, 2026	$0.20

Record Date	Payable Date	Amount per common share
April 15, 2026	April 30, 2026	$0.16667
May 15, 2026	May 29, 2026	$0.16667
June 15, 2026	June 30, 2026	$0.16667

Record Date	Payable Date	Amount per common share
April 15, 2026	April 30, 2026	$0.1640625
May 15, 2026	May 29, 2026	$0.1640625
June 15, 2026	June 30, 2026	$0.1640625

Date/Time:		Wednesday, February 11, 2026 – 11:00 a.m. ET

Participant Dial-In Numbers:
(United States):		(800) 549-8228
(International):		(646) 564-2877

Net asset value per share of common stock was $14.02 as of December 31, 2025.
Net investment income (“NII”) was $9.0 million, or $0.44 per share of common stock, comprised of $18.0 million of investment income, or $0.88 per share of common stock and $9.0 million of expenses, or $0.44 per share of common stock.
Realized loss on investments was $1.1 million, or ($0.05) per share of common stock.
Unrealized loss on investments was $51.8 million, or ($2.53) per share of common stock.
GAAP net loss was $43.9 million, or ($2.14) per share of common stock.
As of December 31, 2025, the weighted average effective yield of the Company’s CLO equity portfolio, based on amortized cost, was 11.0%.¹
As of December 31, 2025, on a look-through basis, and based on the most recent trustee reports received by such date:
- The Company, through its CLO investments, had indirect exposure to approximately 1,596 unique underlying loans.
- The largest look-through obligor represented 0.6% of the loans underlying the Company’s CLO debt and equity portfolio.
- The top ten largest look-through obligors together represented 4.5% of the loans underlying the Company’s CLO debt and equity portfolio.

Management’s unaudited estimate of the net asset value per share of the Company’s common stock as of January 31, 2026, was $13.40.
Received $29.6 million cash distributions from the Company’s investment portfolio.²
Declared a monthly distribution of $0.20 per share on the Company’s common stock to be paid on each of April 30, 2026, May 29, 2026, and June 30, 2026.
Declared a monthly distribution of $0.16667 on shares of the Company’s 8.00% Series A Term Preferred Stock due 2029 to be paid on each of April 30, 2026, May 29, 2026, and June 30, 2026.
Declared a monthly distribution of $0.1640625 on shares of the Company’s 7.875% Series B Term Preferred Stock due 2030 to be paid on each of April 30, 2026, May 29, 2026, and June 30, 2026.