CCIF Q3 2025 Earnings

CCIF Q3 2025 Earnings

• 1. 1 Carlyle Credit Income Fund (“CCIF”) Q3 2025 Quarterly Earnings Presentation August 2025

• 2. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 2 This presentation (the “Presentation”) has been prepared by Carlyle Credit Income Fund. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) and may only be used for informational purposes only. This Presentation should be viewed in conjunction with the earnings conference call of the Fund held on August 20, 2025. The information contained herein may not be used, reproduced, referenced, quoted, linked by website, or distributed to others, in whole or in part, except as agreed in writing by the Fund. This Presentation does not constitute a prospectus and should under no circumstances be understood as an offer to sell or the solicitation of an offer to buy our common shares or any other securities nor will there be any sale of the common shares or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. This Presentation provides limited information regarding the Fund and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell, or an offer to sell or a solicitation of offers to purchase, our common shares or any other securities that may be issued by the Fund, or as legal, accounting or tax advice. An investment in securities of the type described herein presents certain risks. This Presentation may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” “plans,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make them. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in filings we make with the Securities and Exchange Commission (the “SEC”), and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Information throughout the Presentation provided by sources other than the Fund (including information relating to portfolio companies) has not been independently verified and, accordingly, the Fund makes no representation or warranty in respect of this information. The following slides contain summaries of certain financial and statistical information about the Fund. The information contained in this Presentation is summary information that is intended to be considered in the context of our SEC filings and other public announcements that we may make, by press release or otherwise, from time to time. We undertake no duty or obligation to publicly update or revise the information contained in this Presentation. CCIF is managed by Carlyle Global Credit Investment Management L.L.C. (the “Investment Adviser”), an SEC-registered investment adviser and a wholly owned subsidiary of The Carlyle Group Inc. (together with its affiliates, “Carlyle”). This Presentation contains information about the Fund and certain of its affiliates and includes the Fund’s historical performance. You should not view information related to the past performance of the Fund as indicative of the Company’s future results, the achievement of which is dependent on many factors, many of which are beyond the control of the Fund and the Investment Adviser and cannot be assured. There can be no assurances that future dividends will match or exceed historical rates or will be paid at all. Further, an investment in the Fund is discrete from, and does not represent an interest in, any other Carlyle entity. Nothing contained herein shall be relied upon as a promise or representation whether as to the past or future performance of the Fund or any other Carlyle entity. This presentation contains non-GAAP financial information. The Fund's management uses this information in its internal analysis of results and believes that this information may be informative to investors gauging the quality of the Fund's financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. However, these non-GAAP measures should not be considered in isolation or as a substitute for or superior to any measures of financial performance calculated and presented in accordance with GAAP. Other Funds may calculate this or similarly titled non-GAAP measures differently than we do. See "Appendix - Non-GAAP Measures" in this presentation for more information. 2 Important Information

• 3. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 3 Fund Overview (1) Current dividend rate based on dividends declared through November 2025, and the closing market share price at August 15, 2025. (2) As of June 30, 2025. Carlyle Platform Carlyle Expertise CLOs PRIMARILY INVESTING IN EQUITY AND JUNIOR DEBT TRANCHES OF COLLATERALIZED LOAN OBLIGATIONS (CLOs) 1,491 Underlying exposure to 1,491 companies 22.07%(1) MONTHLY DIVIDEND THAT IS Carlyle Credit Income DECLARED QUARTERLY Fund (“CCIF”) Overview Carlyle Platform Carlyle (NASDAQ:CG) IS A GLOBAL INVESTMENT FIRM FOUNDED IN 1987 $465 Billion OF ASSETS UNDER MANAGEMENT (AUM) (2) 2,300+ EMPLOYEES AND OVER 700 INVESTMENT PROFESSIONALS GLOBALLY (2) 25+ YEAR HISTORY IN THE CLO MARKET ~$50 Billion IN CLOs ACROSS U.S. AND EUROPE (2) 30+ INDUSTRY-FOCUSED RESEARCH ANALYSTS Carlyle Expertise

• 4. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 4 (1) Firm data as of June 30, 2025. (2) Total includes Investment Professionals in the Executive Group. (3) Carlyle Global Credit AUM includes $82.3 billion of insurance related assets. (4) Includes 11 professionals in the Carlyle Global Capital Markets group. Note: AUM numbers may not sum to total due to rounding. Certain communications between Carlyle Global Credit and investment professionals in other business segments may be restricted in accordance with Carlyle's information barrier policy. Past performance is not indicative of future results and there can be no assurance that any trends will continue. Firm Overview The Carlyle Edge • Reach: “One Carlyle” Global Network • Expertise: Deep Industry Knowledge • Impact: Executive Operations Group • Data: Portfolio Intelligence Global Private Equity Global Credit Global Investment Solutions Global Investment Platform Founded: 1987 AUM: $465 bn Employees: 2,300+ Investment Professionals: 725+(2) Offices / Countries: 27 / 17 $165 bn AUM 415+ investment professionals $203 bn AUM(3) 200+ investment professionals(4) $97 bn AUM 100+ investment professionals Carlyle Firm Overview(1)

• 5. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 5 AUM: $9.6 billion ASSET-BACKED FINANCE Carlyle Global Credit Platform Source: The Carlyle Group. As of June 30, 2025 unless otherwise stated. (1) Carlyle Global Credit and Platform Initiatives AUM includes $82.3 billion of insurance related assets. Past performance is not indicative of future results and there can be no assurance that any trends will continue. CARLYLE GLOBAL CREDIT – $203BN AUM(1) AUM: $49.6 billion LIQUID CREDIT AUM: $32.4 billion PRIVATE CREDIT AUM: $20.0 billion REAL ASSETS CREDIT CLO MANAGEMENT Carlyle managed CLOs (broadly syndicated senior secured bank loans) CLO INVESTMENT Equity and debt CLO tranches LOANS & REVOLVING CREDIT Senior secured revolving credit facilities of non-IG issuers DIRECT LENDING Directly originated loans, primarily first lien and financial sponsor-backed OPPORTUNISTIC CREDIT Directly originated private capital solutions primarily for non-sponsored companies HYBRID CAPITAL Flexible mandate across creditoriented solutions, structured equity, and stressed / dislocated investments AVIATION FINANCE Commercial aircraft leasing / servicing and securitization of aircraft portfolios INFRASTRUCTURE CREDIT Credit investments in U.S. and international infrastructure assets REAL ESTATE CREDIT Lending to global real estate projects PLATFORM INITIATIVES AUM: $91.3 billion(1) CARLYLE TACTICAL CREDIT FUND CROSS-PLATFORM SMAs ADVISORY CAPITAL Closed-end Interval fund investing dynamically across Carlyle’s entire credit platform Tailored separate accounts investing across the credit platform Credit assets sub-advised for insurance platform IG DEBT Directly originated, privately structured asset-backed solutions, focused on acquiring or lending against diversified pools of collateral with contractual cash flows NON-IG DEBT RESIDUAL / EQUITY

• 6. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 6 Securities Overview Description NYSE Ticker Market Cap (1) Closing Price (1) Current Dividend Rate Current Dividend Rate (2) Payment Frequency Common Shares CCIF $121.04 mm $5.71 $0.105 22.07% Monthly Overview of Common and Listed Preferred Shares Description NYSE Ticker Rating (3) Closing Price (4) Principal Maturity Date Callable Date Coupon Payment Frequency Series A Term Preferred Shares ($25 Liquidation Preference) CCIA BBB+ $25.47 $52.00 mm 10/31/2028 10/31/2025 8.75% Monthly Past performance is not indicative of future results and there can be no assurance that any trends will continue. (1) Reflects common shares outstanding and market price as of August 15, 2025. (2) Current dividend rate based on dividends declared through November 2025, and the closing market price at August 15, 2025. (3) The Preferred Shares are rated by Egan-Jones Ratings Company, an independent rating agency. Egan-Jones Ratings Company is a nationally recognized statistical rating organization (NRSRO). A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. (4) Reflects market price as of August 15, 2025.

• 7. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 7 • Net investment income was $0.19 per common share ◦ Adjusted net investment income was $0.22 per common share after adjusting for the effect of amortization on the offering costs for the Fund's preferred shares (1) ◦ Core net investment income per share was $0.35 per common share (2) • Cash yield was 23.11%(3) on CLO investment quarterly payments received during the quarter. This equates to $0.55 of recurring cash flows per share ◦ Received an additional $1.3 million in payments during the quarter, or $0.07 per share, on called deals which is excluded from cash yield and recurring cash flows per share ◦ 12%(4) of the portfolio did not make payments as a result of (1) quarterly payments were redirected to fund accretive resets and refinancings, and (2) primary issuances that had not yet made their initial distributions • NAV per share was $6.51 • We paid dividends of $0.315 per common share • Declared dividends of $0.105 per common share for each monthly dividend in September, October, and November 2025. This represents an annualized dividend rate of 22.07% (5) • Converted $5 million of the remaining $8.5 million 7.125% Series B Convertible Preferred Shares into common shares of the Fund at a price greater than the Fund's NAV • Entered into a $30 million Credit Facility on July 11, 2025. The Credit Facility allows for borrowings at a rate of SOFR + 3.25% with no unused fee and can be upsized to $50 million • Sold 1.40 million of our common shares in connection with the at-the-market ("ATM") offering program at a premium to NAV for net proceeds of $9.2  million. Total NAV accretion for the quarter from ATM offerings was $0.01 per share Dividend & Capital Activity (1) Adjusted net investment income is a financial measure calculated on a basis of methodology other than in accordance with GAAP. GAAP NII is adjusted to excluded non-cash expenses associated with the amortization of (i) deferred issuance costs and (ii) original issue discount on the Fund's preferred shares. See slide 21, "Non-GAAP Measures", for more information. (2) CNII is a financial measure calculated on a basis of methodology other than in accordance with GAAP. CNII is calculated using recurring cash flows minus expenses, adjusted for non-cash amortization. See slide 21, "Non-GAAP Measures", for more information. (3) Cash yield shown excludes investments that had not made quarterly payments as a result of refinancings, resets, and primary issuances that had not yet made their initial distributions. Excludes payments on called deals. (4) Percentage based on amortized cost. (5) Current dividend rate based on dividends declared through November 2025, and the closing market price at August 15, 2025. Third Quarter Results Q3 2025 (Quarter Ended 6/30/25) Quarterly Results

• 8. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 8 Q3 2025 (Quarter Ended 6/30/25) Quarterly Results (Cont'd) • Total fair value of the portfolio excluding cash was $200.4 million • New CLO investment deployments during the quarter were $28.1  million with a weighted average GAAP yield of 14.56% • Sales proceeds during the quarter were $16.2 million • Total portfolio weighted average GAAP yield was 15.11%(1) • Underlying CLOs continue to maintain healthy overcollateralization cushions with a weighted average cushion of 4.50% and no holdings with a cushion of less than 2.50% Portfolio & Investment Activity (1) When excluding called deals, the portfolio's weighted average GAAP yield was 15.23%.

• 9. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 9 • Net investment income per share was $0.19 in Q3 2025 ◦ Adjusted net investment income per share was $0.22 ◦ Core net investment income per share was $0.35 • The quarterly dividend of $0.315 was supported by $0.55 in recurring cash flows Q3 2025 represents the quarter ended June 30, 2025. Note: Past performance is not indicative of future results and there can be no assurance that any trends will continue. (1) Per share amounts are based on the weighted average number of common shares outstanding for the period. (2) See appendix for a description of non-GAAP measures. (3) Per share amounts are based on the common shares outstanding at quarter-end. Actual yields earned over the life of each investment could differ materially from the yields presented above. Financial Performance Summary (Dollar amounts in thousands, except per share data and common shares outstanding) Q3 2025 Per Share Data Recurring Cash Flows (1) $0.55 Net Investment Income (Loss) (1) $0.19 Adjusted Net Investment Income (Loss) (1) (2) $0.22 Core Net Investment Income (Loss) (1) (2) $0.35 Net Realized and Change in Unrealized Gains (Losses) (1) $(0.33) Dividends Paid (3) $(0.32) Net Asset Value (3) $6.51 Common Shares Outstanding Weighted Average Shares Outstanding for the Period 20,245,047 Shares Outstanding at Quarter End 21,157,035 Portfolio Highlights Total Investments at Fair Value $200,357 Number of CLO Holdings 60 Average Size of Investment per Holding (Notional) $6,291 Total Portfolio Weighted Average GAAP Yield 15.11 % Financial Position (at Quarter End) Net Assets $137,718 Debt $0 Preferred Equity (Principal Balance) $75,517

• 10. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 10 Quarterly Operating Results Detail Q3 2025 represents the quarter ended June 30, 2025. Past performance is not indicative of future results and there can be no assurance that any trends will continue. Totals may not sum due to rounding. (1) Per share amounts are based on the weighted average number of common shares outstanding for the period. (2) See appendix for a description of non-GAAP measures. (3) Reflects aggregate principal amount of $52.0 million for Q3 2024, $63.5 million for Q4 2024 and Q1 2025, $80.5 million for Q2 2025, and $75.5 million for Q3 2025. (4) Per share amounts are based on the common shares outstanding at quarter-end. (5) Reflects preferred shares to total assets. (Dollar amounts in thousands, except per share data) Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 SUMMARY INCOME STATEMENT Total investment income $ 7,383 $ 7,901 $ 8,269 $ 8,565 $ 8,609 Total expenses (3,386) (3,653) (4,177) (4,537) (4,682) Net Investment Income $ 3,997 $ 4,248 $ 4,092 $ 4,028 $ 3,927 Net realized and change in unrealized gains (losses) (2,651) (763) (2,967) (7,130) (6,599) Net Income (Loss) $ 1,346 $ 3,485 $ 1,125 $ (3,102) $ (2,672) Weighted average shares of common stock outstanding 12,680 14,309 16,019 17,866 20,245 Net Investment Income (Loss) per Share (1) $ 0.32 $ 0.30 $ 0.26 $ 0.23 $ 0.19 Adjusted Net Investment Income (Loss) per Share(1) (2) $ 0.32 $ 0.31 $ 0.27 $ 0.26 $ 0.22 Core Net Investment Income (Loss) per Share (1) (2) $ 0.55 $ 0.46 $ 0.45 $ 0.27 $ 0.35 Recurring Cash Flows per Share (1) $ 0.81 $ 0.70 $ 0.70 $ 0.49 $ 0.55 SUMMARY BALANCE SHEET Total investments, at fair value $ 138,001 $ 173,454 $ 177,907 $ 197,902 $ 200,357 Cash, cash equivalents and restricted cash 8,014 725 6,455 5,991 6,123 Other assets 6,351 6,616 6,815 8,090 7,822 Total Assets $ 152,366 $ 180,795 $ 191,177 $ 211,983 $ 214,302 Preferred shares, net of unamortized issuance costs (3) $ 50,135 $ 60,871 $ 61,176 $ 77,345 $ 73,087 Accrued expenses and liabilities 2,061 2,311 4,981 2,669 3,497 Total Liabilities $ 52,196 $ 63,182 $ 66,157 $ 80,014 $ 76,584 Net Assets $ 100,170 $ 117,613 $ 125,020 $ 131,969 $ 137,718 Common shares outstanding at end of period 13,049 15,387 16,813 18,895 21,157 Net Asset Value per Common Share (4) $ 7.68 $ 7.64 $ 7.44 $ 6.98 $ 6.51 Leverage (5) 0.34x 0.35x 0.33x 0.38x 0.35x

• 11. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 11 12.2% 11.4% 10.6% 8.4% 5.2% 4.2% 5.0% 3.9% 3.7% 3.7% 31.9% High Tech Healthcare & Pharmaceuticals Banking, Finance, Insurance & Real Estate Services: Business Hotels, Gaming & Leisure Construction & Building Capital Equipment Beverage, Food & Tobacco Aerospace & Defense Chemicals, Plastics & Rubber All Others ASSET MIX REINVESTMENT END DATE CLO MANAGER EXPOSURE UNDERLYING INDUSTRY 23.3% 5.4% 9.7% 25.3% 36.3% 2026 2027 2028 2029 2030 Underlying Portfolio Overview Note: As of June 30, 2025. Totals may not sum due to rounding. 8.0% 7.0% 6.1% 5.5% 5.4% 5.4% 5.2% 4.2%4.5% 5.0% 43.7% CVC Credit Partners Voya Alternative Asset Management Onex Credit Partners Benefit Street Partners Irradiant Partners CIFC Asset Management Allstate Investment Management Company Barings Ballyrock Investment Advisors Elmwood Asset Management All Others 98.8% 1.1% 0.1% CLO Equity Legacy Real Estate Loan CLO Debt

• 12. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 12 Portfolio Overview Diversified Portfolio across 60 unique CLO investments managed by 33 different CLO Managers Number of Unique Underlying Loan Obligors 1,491 Number of Underlying Loans 2,054 Largest Exposure to an Individual Obligor 0.50% Average Individual Loan Obligor Exposure 0.07% Top 10 Loan Obligors Exposure 4.53% Currency: USD Exposure 100.00% Aggregate Indirect Exposure to Senior Secured Loans 96.54% Weighted Average Market Price of Loan Collateral 97.31 Weighted Average Stated Loan Spread 3.25% Weighted Average Loan Rating B+ S&P CCC Rated Obligors 4.39% Obligors Priced Below 80 3.10% Weighted Average Loan Maturity 4.6 years Weighted Average Remaining CLO Reinvestment Period 3.3 years Weighted Average Junior Overcollateralization (OC) Cushion 4.50% CCIF's Last 12 Month Default Rate including Distressed Exchanges of Underlying Loans 1.18% Loan Market Default Rate including Distressed Exchanges 3.79% Summary of Underlying Portfolio Characteristics 6/30/2025

• 13. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 13 Obligor and Industry Exposures Top 10 Underlying Obligors % Total Calpine 0.50% Medline 0.49% TransDigm 0.48% Sedgwick Claims Management Service 0.48% Quikrete Companies 0.47% TIBCO Software 0.45% Asurion 0.43% Belron Finance US 0.42% Citadel Securities LP 0.41% Caesars Entertainment 0.40% Total 4.53% As of June 30, 2025, CCIF has exposure to 1,491 unique loan obligors across a range of industries Obligor and Industry Exposure Top 10 Industries of Underlying Obligors % Total High Tech 12.16% Healthcare & Pharmaceuticals 11.39% Banking, Finance, Insurance & Real Estate 10.60% Services: Business 8.42% Hotels, Gaming & Leisure 5.15% Construction & Building 4.95% Capital Equipment 4.24% Beverage, Food & Tobacco 3.85% Aerospace & Defense 3.69% Chemicals, Plastics & Rubber 3.67% Total 68.12%

• 14. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 14 Investment Positions as of June 30, 2025 CLO INVESTMENT MARKET VALUE (1) VINTAGE YEARS REMAINING IN REINVESTMENT PERIOD YEARS REMAINING IN NON-CALL PERIOD % OF HOLDINGS CCC+ OR LOWER JUNIOR OC CUSHION AAA SPREAD WEIGHTED AVERAGE PORTFOLIO SPREAD WEIGHTED AVERAGE RATING FACTOR(2) DIVERSITY SCORE (3) AGL 2022-17A SUB 1,835 2022 1.58 0.35 6.40% 4.44% 0.95% 3.37% 2,834 93 AIMCO 2019-10A SUB 6,237 2019 4.12 0.95 3.70% 5.02% 1.41% 2.97% 2,670 82 AIMCO 2021-14A SUB 4,143 2021 0.82 0.00 4.00% 3.75% 1.25% 3.01% 2,709 81 ALLEG 2025-2A SUB(5) 1,494 2025 5.14 1.97 N/A 5.00% 1.46% N/A N/A N/A APID 2020-33A FR2 243 2020 4.89 1.82 4.20% 4.23% 1.30% 3.25% 2,798 85 APID 2020-33A SUB 12,463 2020 4.89 1.82 4.20% 4.23% 1.30% 3.25% 2,798 85 APID 2022-39A SUB 3,242 2022 1.83 0.00 3.90% 3.54% 1.31% 3.32% 2,823 84 ARES 2020-56A SUB 3,151 2020 4.64 1.57 4.30% 5.45% 1.26% 3.24% 2,846 80 ARES 2021-59A SUB 3,711 2021 0.83 0.00 6.20% 3.24% 1.29% 3.29% 2,904 81 ARES 2021-60A SUB 705 2021 1.06 0.30 5.56% 3.93% 1.44% 3.29% 2,874 81 AUDAX 2025-12A SUB 1,179 2025 3.87 1.20 2.60% 5.28% 1.42% 4.91% N/A N/A BABSN 2019-3A SUB 3,428 2019 2.59 0.48 3.70% 5.34% 1.15% 3.13% 2,660 92 BABSN 2021-1A SUB 1,543 2021 0.83 0.00 7.90% 3.81% 1.28% 3.34% 2,788 92 BABSN 2025-1A SUB 5,004 2025 4.88 1.74 0.50% 5.13% 1.13% 3.10% 2,550 94 BALLY 2021-16A SUB 3,585 2021 4.88 1.70 4.90% 5.27% 1.15% 3.23% 2,744 93 BALLY 2021-18A SUB 1,880 2021 4.86 1.72 4.00% 5.30% 1.15% 3.24% 2,730 94 BALLY 2021-1A SUB 3,307 2021 4.61 1.55 5.00% 5.34% 1.34% 3.24% 2,746 95 BGCLO 2021-3A SUB 4,225 2021 4.62 1.56 6.00% 4.85% 1.26% 3.29% 2,827 87 BSP 2021-23A SUB(4) 6,434 2021 0.83 0.00 5.20% 5.15% 1.34% 3.26% 2,761 86 BSP 2024-38A SUB 4,386 2024 4.64 1.49 0.40% 5.23% 1.31% 3.27% 2,655 83 CIFC 2017-5A SUB 2,639 2017 4.11 0.99 5.40% 4.78% 1.41% 3.37% 2,836 88 CIFC 2020-2A SUB 2,780 2020 1.33 0.00 6.50% 5.19% 1.43% 3.31% 2,857 96 CIFC 2020-3A SUB 5,397 2020 1.33 0.00 5.20% 5.23% 1.40% 3.33% 2,801 97 Note: Past performance is not a guarantee of future results. As of June 30, 2025, unless otherwise noted. Sources: Kanerai as of June 30, 2025. (1) Market Value shown in thousands. (2) The Weighted Average Rating Factor is a numerical representation of the credit risk of a portfolio. It is calculated as a Weighted Average of Rating Factor values determined by the Moody’s Ratings for each of the individual entities in the portfolio. (3) Moody's Diversity Score is a measure to estimate the diversification in a portfolio. The methodology considers the issuer and industry concentrations in the portfolio. (4) Deal was reset or refinanced during the current quarter (Q4 2025) through August 15, 2025. (5) Collateral statistics and quality tests are not reported as deal is not yet effective.

• 15. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 15 Investment Positions as of June 30, 2025 (Cont'd) CLO INVESTMENT MARKET VALUE (1) VINTAGE YEARS REMAINING IN REINVESTMENT PERIOD YEARS REMAINING IN NON-CALL PERIOD % OF HOLDINGS CCC+ OR LOWER JUNIOR OC CUSHION AAA SPREAD WEIGHTED AVERAGE PORTFOLIO SPREAD WEIGHTED AVERAGE RATING FACTOR(2) DIVERSITY SCORE (3) DAVIS 2022-1A M1(4) 38 2022 1.83 0.00 6.30% 4.44% 1.42% 3.28% 2,810 82 DAVIS 2022-1A M2(4) 93 2022 1.83 0.00 6.30% 4.44% 1.42% 3.28% 2,810 82 DAVIS 2022-1A SUB(4) 3,400 2022 1.83 0.00 6.30% 4.44% 1.42% 3.28% 2,810 82 ELM16 2022-3A SUB 2,722 2022 3.86 0.70 3.62% 3.07% 1.53% 3.08% 2,670 89 ELMW1 2019-1A SUB 3,711 2019 3.86 0.63 3.56% 3.06% 1.53% 3.08% 2,650 88 ELMW6 2020-3A SUB 990 2020 4.11 1.01 3.61% 2.99% 1.38% 3.08% 2,661 89 ELMW7 2020-4A SUB 969 2020 4.36 1.30 3.68% 3.07% 1.36% 3.09% 2,668 88 EMPWR 2022-1A SUB 7,229 2022 4.37 1.31 1.10% 4.66% 1.40% 3.10% 2,539 90 GALXY 2016-22A SUBA 1,528 2016 0.81 0.26 3.00% 3.51% 1.24% 3.19% N/A 87 INVCO 2022-1A SUB 1,893 2022 1.83 0.00 5.80% 2.51% 1.30% 3.17% 2,726 86 INVCO 2022-1A Y 137 2022 1.83 0.00 5.80% 2.51% 1.30% 3.17% 2,726 86 KKR 25 SUB 1,219 2019 1.06 1.04 10.30% 2.57% 0.95% 3.41% 3,005 85 MAGNE 2017-19A SUB 3,886 2017 0.81 0.55 4.70% 3.14% 1.05% 3.01% 2,781 83 MDPK 2022-62A SUB(4) 5,448 2022 3.09 0.05 7.64% 2.58% 1.85% 3.41% 2,937 73 MIDO 2022-11A SUB 3,956 2022 2.59 0.55 2.90% 4.74% 1.22% 3.27% 2,685 78 MIDO 2024-14A SUB 4,030 2024 3.85 0.74 2.80% 4.78% 1.59% 3.30% 2,695 80 MORGN 2021-7A SUB(6) 414 2021 0.83 0.00 N/A N/A N/A N/A N/A N/A NEUB 2020-38A SBPF 27 2020 1.33 0.67 6.70% 4.39% 0.96% 3.23% 2886 92 NEUB 2020-38A SUB 5,300 2020 1.33 0.67 6.70% 4.39% 0.96% 3.23% 2,886 92 NEUB 2021-41A SUB(4) 2,111 2021 0.80 0.00 6.90% 3.86% 1.28% 3.20% 2,862 92 NIAPK 2019-1A G 399 2019 4.62 1.55 6.40% 4.92% 1.35% 3.27% 2,856 77 NIAPK 2019-1A SUB 4,125 2019 4.62 1.55 6.40% 4.92% 1.35% 3.27% 2,856 77 Note: Past performance is not a guarantee of future results. As of June 30, 2025, unless otherwise noted. Sources: Kanerai as of June 30, 2025. (1) Market Value shown in thousands. (2) The Weighted Average Rating Factor is a numerical representation of the credit risk of a portfolio. It is calculated as a Weighted Average of Rating Factor values determined by the Moody’s Ratings for each of the individual entities in the portfolio. (3) Moody's Diversity Score is a measure to estimate the diversification in a portfolio. The methodology considers the issuer and industry concentrations in the portfolio. (4) Deal was reset or refinanced during the current quarter (Q3 2025) through August 15, 2025. (5) Collateral statistics and quality tests are not reported as deal is not yet effective. (6) Deal was called as of June 30, 2025.

• 16. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 16 Investment Positions as of June 30, 2025 (Cont'd) CLO INVESTMENT MARKET VALUE (1) VINTAGE YEARS REMAINING IN REINVESTMENT PERIOD YEARS REMAINING IN NON-CALL PERIOD % OF HOLDINGS CCC+ OR LOWER JUNIOR OC CUSHION AAA SPREAD WEIGHTED AVERAGE PORTFOLIO SPREAD WEIGHTED AVERAGE RATING FACTOR(2) DIVERSITY SCORE (3) OAKC 2016-13A SUB 1,945 2016 4.37 1.20 4.90% 4.92% 1.40% 3.08% 2,828 82 OAKCL 2019-3A SUB 2,182 2019 4.63 1.35 3.90% 4.34% 1.39% 3.22% 2,587 85 OCP 2015-9A SUB 6,316 2015 2.58 0.55 2.50% 5.22% 1.10% 3.13% 2,676 91 OCP 2017-13A SUB 5,942 2017 4.47 1.41 2.10% 4.19% 1.34% 3.10% 2,611 90 OCT55 2021-1A SUB 2,384 2021 1.07 0.00 4.93% 4.08% 1.41% 3.31% 2,849 95 PIPK 2021-8A SUB 3,956 2021 4.63 1.56 2.30% 4.51% 1.34% 3.29% 2,839 90 RAD 2019-3A SUB 8,122 2019 4.10 1.02 4.70% 3.62% 1.44% 3.32% 2,839 88 RAD 2021-12A SUB(4) 2,721 2021 1.35 0.00 5.00% 3.63% 1.43% 3.36% 2,949 85 RRAM 2019-6A SUB(6) 298 2019 0.80 0.00 N/A N/A N/A N/A N/A N/A RRAM 2020-12A PREF 1,696 2020 0.55 0.04 7.30% 3.00% 1.27% 3.05% 2,910 72 SPCLO 2024-4A INC 4,408 2024 3.85 0.79 2.70% 5.01% 1.64% 3.45% 2,799 80 SPEAK 2021-10A SUB 2,287 2021 4.64 1.64 3.49% 4.94% 1.20% 3.22% 2,755 88 SPEAK 2021-9A SUB 6,166 2021 4.63 1.56 3.63% 4.81% 1.37% 3.22% 2,761 89 VOYA 2020-2A SUB 9,523 2020 4.63 1.53 3.06% 6.23% 1.32% 3.07% 2,712 95 VOYA 2020-3A SUB 3,603 2020 4.63 1.56 3.88% 5.01% 1.25% 3.09% 2,708 95 Note: Past performance is not a guarantee of future results. As of June 30, 2025, unless otherwise noted. Sources: Kanerai as of June 30, 2025. (1) Market Value shown in thousands. (2) The Weighted Average Rating Factor is a numerical representation of the credit risk of a portfolio. It is calculated as a Weighted Average of Rating Factor values determined by the Moody’s Ratings for each of the individual entities in the portfolio. (3) Moody's Diversity Score is a measure to estimate the diversification in a portfolio. The methodology considers the issuer and industry concentrations in the portfolio. 4) Deal was reset or refinanced during the current quarter (Q3 2025) through August 15, 2025. (5) Collateral statistics and quality tests are not reported as deal is not yet effective. (6) Deal was called as of June 30, 2025.

• 17. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 17 Monthly Dividend Trend Dividends may include return of capital. (1) Based on our share price as of August 15, 2025. CNII per share and recurring cash flows per share are based on the weighted average number of common shares outstanding for the period. • In conjunction with earnings, CCIF has declared a dividend of $0.105 for the months of September, October, and November 2025, equating to an annualized dividend rate of 22.07% (1) • The dividend is supported by CNII of $0.35 per share and $0.55 per share of recurring cash flows for Q3 2025, and approximately $0.51 per share of recurring cash flows for Q4 2025.

• 18. 18 Appendix

• 19. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 19 Quarterly Balance Sheet Detail (Dollar amounts in thousands, except per share data) Q3 2025 Assets Investments, at fair value $ 200,357 Cash and cash equivalents 6,123 Interest receivable from investments 7,485 Prepaid expenses 104 Other assets 233 Total assets $ 214,302 Liabilities & Net Assets Preferred shares, net of unamortized issuance costs $ 73,087 Management fee payable 921 Incentive fee payable 833 Professional fees payable 694 Other accrued expenses and liabilities 1,049 Total liabilities $ 76,584 Net assets $ 137,718 Net Asset Value Per Common Share $ 6.51 Q3 2025 represents the quarter ended June 30, 2025. Totals may not sum due to rounding. Net Asset Value per Common Share is based on the common shares outstanding at quarter-end. Past performance is not indicative of future results and there can be no assurance that any trends will continue.

• 20. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 20 Q3 2025 represents the quarter ended June 30 2025. Totals may not sum due to rounding. Net Investment Income (Loss) per share and Net Income (Loss) per share are based on the weighted average number of common shares outstanding for the period. Past performance is not indicative of future results and there can be no assurance that any trends will continue. Quarterly Income Statement Detail (Dollar amounts in thousands, except per share data) Q3 2025 Investment Income Interest income $ 8,609 Total investment income $ 8,609 Expenses Interest expense $ 2,361 Management fee 921 Incentive fee 833 Professional fees 283 Other fees and expenses 284 Total expenses $ 4,682 Net Investment Income (Loss) $ 3,927 Net realized and change in unrealized gains (losses) (6,599) Net Income (Loss) $ (2,672) Net Investment Income (Loss) per share $ 0.19 Net Income (Loss) per share $ (0.13)

• 21. T R A D E S E C R E T & S T R I C T L Y C O N F I D E N T I A L 21 Non-GAAP Measures We provide information relating to core net investment income (“CNII”), a non-GAAP measure, on a supplemental basis. This measure is not provided as a substitute for GAAP NII, but in addition to it. Our non-GAAP measures may differ from similar measures by other companies, even in the event of similar terms being utilized to identify such measures. CNII is calculated using recurring cash flows minus expenses, adjusted for non-cash amortization (in accordance with the calculation of adjusted NII described above). Carlyle Credit Income Fund’s (“CCIF”) management uses this information in its internal analysis of results and believes that this information may be informative in assessing the quality of CCIF’s financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. Income from investments in the “equity” class securities of CLO vehicles, for GAAP purposes, is recorded using the effective interest method; this is based on an effective yield to the expected redemption utilizing estimated cash flows, at current cost, including those CLO equity investments that have not made their inaugural distribution for the relevant period end. The result is an effective yield for the investment in which the respective investment’s cost basis is adjusted quarterly based on the difference between the actual cash received, or distributions entitled to be received, and the effective yield calculation. Accordingly, investment income recognized on CLO equity securities in the GAAP statement of operations differs from the cash distributions actually received by CCIF during the period (referred to below as “CLO equity adjustments”). Furthermore, in order for CCIF to continue qualifying as a regulated investment company for tax purposes, we are required, among other things, to distribute at least 90% of our investment company taxable income annually. While CNII may provide a better indication of our estimated taxable income than GAAP NII during certain periods, we can offer no assurance that will be the case, however, as the ultimate tax character of our earnings cannot be determined until after tax returns are prepared at the close of a fiscal year. We note that this non-GAAP measure may not serve as a useful indicator of taxable earnings, particularly during periods of market disruption and volatility, and, as such, our taxable income may differ materially from our CNII. Previous earnings presentations for CCIF have calculated CNII using recurring cash flows minus expenses, without adjustment for non-cash amortization. For the three months ended 6/30/2025 3/31/2025 12/31/2024 9/30/2024 6/30/2024 ($ in thousands, except per share)(1) Amount Per Share Amount Per Share Amount Per Share Amount Per Share Amount Per Share GAAP Net Investment Income $ 3,927 $ 0.19 $ 4,028 $ 0.23 $ 4,092 $ 0.26 $ 4,248 $ 0.30 $ 3,997 $ 0.32 CLO Equity Adjustments 2,602 0.13 145 0.01 2,883 0.18 2,178 0.15 2,897 0.23 Non-cash Amortization Adjustment 613 0.03 591 0.03 303 0.02 168 0.01 92 0.01 Core Net Investment Income $ 7,142 $ 0.35 $ 4,764 $ 0.27 $ 7,278 $ 0.45 $ 6,594 $ 0.46 $ 6,986 $ 0.55 We provide information relating to adjusted net investment income, a non-GAAP measure, on a supplemental basis. This measure is not provided as a substitute for GAAP net investment income ("GAAP NII'), but in addition to it. Adjusted net investment income represents GAAP NII adjusted to exclude non-cash expenses associated with the amortization of (i) deferred issuance costs and (ii) original issue discount on the Fund's preferred shares. We believe adjusted net investment income is useful to investors in assessing the Fund's ongoing performance of earning income on its portfolio. The incentive fee under the investment advisory agreement is calculated based on pre-incentive fee net investment income. By removing non-cash amortization expense from pre-incentive fee net investment income, the amount of incentive fee payable may increase. The adjusted net investment income figure shown reflects this corresponding impact. For the three months ended 6/30/2025 3/31/2025 12/31/2024 9/30/2024 6/30/2024 ($ in thousands, except per share)(1) Amount Per Share Amount Per Share Amount Per Share Amount Per Share Amount Per Share GAAP Net Investment Income $ 3,927 $ 0.19 $ 4,028 $ 0.23 $ 4,092 $ 0.26 $ 4,248 $ 0.30 $ 3,997 $ 0.32 Non-cash Amortization Adjustment 613 0.03 591 0.03 303 0.02 168 0.01 92 0.01 Adjusted Net Investment Income $ 4,540 $ 0.22 $ 4,619 $ 0.26 $ 4,395 $ 0.27 $ 4,416 $ 0.31 $ 4,089 $ 0.32 Totals may not sum due to rounding. (1) Per share amounts are based on the weighted average number of common shares outstanding for the period.