AGNC Mortgage Management has entered into an amended employment agreement with Executive Chair Gary Kain, effective January 1, 2025. The agreement includes a 12-month initial term with automatic one-year renewals, subject to 90-day notice for non-extension by either party.The revised compensation package features an annual cash bonus target of $1.8 million, which can range from 0% to 200% based on performance metrics. Additionally, Kain will receive annual long-term incentive awards valued at $2.1 million, with 67% performance-based vesting over three years and 33% time-based vesting. The performance-based portion can also range from 0% to 200% of target shares.Other key terms, including base salary, termination provisions, and restrictive covenants, remain unchanged from the previous agreement dated December 10, 2020.

AGNC Mortgage Management has entered into an amended employment agreement with Executive Chair Gary Kain, effective January 1, 2025. The agreement includes a 12-month initial term with automatic one-year renewals, subject to 90-day notice for non-extension by either party.The revised compensation package features an annual cash bonus target of $1.8 million, which can range from 0% to 200% based on performance metrics. Additionally, Kain will receive annual long-term incentive awards valued at $2.1 million, with 67% performance-based vesting over three years and 33% time-based vesting. The performance-based portion can also range from 0% to 200% of target shares.Other key terms, including base salary, termination provisions, and restrictive covenants, remain unchanged from the previous agreement dated December 10, 2020.