WINNIPEG, Manitoba – August 6, 2020 – Exchange Income Corporation (TSX: EIF) (“EIC” or the “Corporation”) a diversified, acquisition-oriented company focused on opportunities in the aviation, aerospace and manufacturing sectors, is pleased to announce its subsidiary, PAL Aerospace, has received notice of the preliminary contract award decision regarding a performance based contract to provide Maritime Patrol Aircraft as Air Reconnaissance Capacity for the Netherlands Coastguard . This future contract, to be executed for Ministry of Defence for the Netherlands on behalf of the Netherlands Coastguard, would see PAL Aerospace and its consortium member JetSupport, modify and deliver two fully missionized DHC-8 aircraft, provide crew training on all systems and support the operation of the aircraft for an initial ten-year period with an option to extend for two additional one-year terms.