OFS Credit Company Provides May 2023 Net Asset Value Update - OFS Credit Co (NASDAQ:OCCI)

OFS Credit Company, Inc. OCCI ("OFS Credit", the "Company", "we", "us" or "our"), an investment company that primarily invests in collateralized loan obligation ("CLO") equity and debt securities, today announced the following net asset value ("NAV") estimate as of May 31, 2023.

• Management's unaudited estimate of the range of our NAV per share of our common stock as of May 31, 2023 is between $8.04 and $8.14. This estimate is not a comprehensive statement of our financial condition or results for the month ended May 31, 2023. This estimate did not undergo the Company's typical quarter-end financial closing procedures. We advise you that current estimates of our NAV per share may differ materially from future NAV estimates or determinations, including the determination for the period ending July 31, 2023, which will be reported in our monthly report on Form N-PORT.

Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after May 31, 2023 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by rising interest rates and elevated inflation rates, the ongoing war between Russia and Ukraine, instability in the U.S. and international banking systems, the risk of recession and related market volatility, or by other factors, we may experience a material adverse impact on our future net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments.