Ellington Credit authorizes $20M common share buyback through October 2027; NAV midpoint $4.04

Ellington Credit Co

Board of Trustees authorized repurchases of up to $20 million of common shares in the open market, effective October 9, 2026 and running until October 9, 2027.
Midpoint of the Fund's estimated net asset value per common share was $4.04 as of September 30, 2026, disclosed in a Form 497AD filed October 16, 2026.
Timing, manner, price and amount of repurchases are at the Fund's discretion, based on economic and market conditions, share price, NAV and legal/regulatory requirements.
Program does not obligate any repurchases and may be suspended, extended, modified or discontinued at any time; no assurance any shares will be bought.
Filing signed by Chief Financial Officer Christopher Smernoff, dated October 16, 2026.

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