ATLANTA--(BUSINESS WIRE)--Jul 3, 2025-- Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) (the "Fund") has announced the preliminary results provided by the independent inspector of elections from the Annual Meeting of Shareholders held on June 26, 2025 (the “Annual Meeting”), in which the Fund, its current trustees and Angel Oak management received strong support across all three proposals. Proposal 1: Approval of New Investment Advisory Agreement A strong majority of FINS shareholders supported the proposed new investment advisory agreement (the “new agreement”) with Angel Oak Capital Advisors, LLC (“Angel Oak”), with 63.5% of votes cast at the Annual Meeting voting in favor. Shareholder approval for the new agreement is being requested because of a pending change in Angel Oak’s organizational structure unrelated to Angel Oak’s management of FINS, as described in FINS’s Proxy Statement filed with the U.S. Securities and Exchange Commission on May 9, 2025.