Ellington Credit to Ring the Closing Bell at the New York Stock Exchange

— Marks Successful Conversion to CLO Closed-End Fund —

Ellington Credit Company (NYSE:EARN) announced today that it will ring the closing bell at the New York Stock Exchange on April 2, 2025 to celebrate its conversion to a closed-end fund focused on corporate collateralized loan obligation ("CLO") investments.

The ringing of the closing bell will also commemorate the 30-year anniversary of Ellington Management Group, the parent company of EARN's investment adviser.

About Ellington Credit Company

Ellington Credit Company (the "Fund") is an externally managed, non-diversified closed-end fund that seeks to provide attractive current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations (CLOs), with a focus on mezzanine debt and equity tranches. The Fund is externally managed and advised by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager founded in 1994. The Fund benefits from Ellington's extensive experience and deep expertise in portfolio management, credit analysis, and risk management.

For additional information, visit www.ellingtoncredit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250401699143/en/

Investors:

Ellington Credit Company

Investor Relations

(203) 409-3773

[email protected]

or

Media:

Amanda Shpiner/Grace Cartwright

Gasthalter & Co.

for Ellington Credit Company

(212) 257-4170

[email protected]