Exhibit (g)(2)

February 10, 2026

Callodine Specialty Income Fund
Two International Place, Suite 1830
Boston, Massachusetts 02110

Attn: Jay Lyons, President

Pursuant to the Investment Management Agreement between the Fund and Callodine Capital Management, LP (“Callodine”) dated February 10, 2025, Callodine is entitled to investment management fees at an annual rate of 1.35%, computed daily and payable monthly in arrears, based upon the Fund’s average daily net assets. By our execution of this letter agreement (this “Agreement”), intending to be legally bound hereby, Callodine agrees irrevocably that it shall waive 1.35% of the investment management fees payable for six (6) months from the expiration of the current management fee waiver agreement dated February 10, 2026. For the avoidance of doubt, this Agreement shall expire on August 18, 2026.

Your signature below acknowledges acceptance of this Agreement: