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Concerned Investor to Vote Against Angel Oak Financial Strategies Income Term Trust Trustee Nominees

prnewswire.com

Cites Holdover Trustees, Entrenchment Provisions, Preferred Share Issuance That Removed Trustees from Election by Common Shareholders, and Fund Performance

WASHINGTON, Sept. 3, 2026 /PRNewswire/ -- Trevor Montano ("Mr. Montano"), a shareholder of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) (the "Fund"), today announced that he intends to VOTE AGAINST the Class II Trustee nominees, Keith M. Schappert and Andrea N. Mullins at the Fund's Annual Meeting of Shareholders on September 25, 2026. The Fund is managed by Angel Oak Capital Advisors, LLC.

Mr. Montano's Reasons

About Trevor Montano

Trevor Montano is a private investor focused on financial services, business services, financial technology and energy companies. He formerly served as the Chief Investment Officer at the U.S. Department of the Treasury and has 25 years of experience in the financial services industry.

THIS IS NOT A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. DO NOT SEND MR. MONTANO YOUR PROXY CARD. MR. MONTANO IS NOT ASKING FOR YOUR PROXY CARD AND WILL NOT ACCEPT PROXY CARDS IF SENT. MR. MONTANO IS NOT ABLE TO VOTE YOUR PROXY, NOR DOES THIS COMMUNICATION CONTEMPLATE SUCH AN EVENT.

Shareholders should read the Fund's proxy statement and reach their own conclusions.

Contact

Trevor Montano

[email protected]

SOURCE Trevor Montano