Neuberger Berman High Yield Strategies Fund Announces Changes to Portfolio Management Team

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Neuberger Berman Investment Advisers LLC
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(877) 461-1899

NEW YORK, December 15, 2025 — Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the “Fund”) has announced that Joseph Lind, co-Portfolio Manager to the Fund, will expand his role and become Co-Head of Special Situations effective December 31, 2025, and will cease his portfolio management responsibilities to the Fund on or about December 31, 2026. Steve Ruh, CFA, Managing Director, has been named co-Portfolio Manager of the Fund, effective December 31, 2025.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.