Company: AGM-PH
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0000845877-25-000143
Chunk: 72

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 72
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. Davidson (chair), Mr. Engebretsen, Dr. Faivre, and Mr. Ware. In May 2024, Mr. Riel was added to the Compensation Committee as a sixth member, Mr. Ware became chair of the Committee, and Mr. Davidson remained on the Committee as vice chair. None of these current directors is, or has been, a Farmer Mac officer or employee. None of the current or former members of the Compensation Committee had any relationship requiring disclosure by Farmer Mac as a "related person transaction" under SEC rules. None of Farmer Mac's current executive officers has served as a member of the Board or the Compensation Committee (or other Board committee performing equivalent functions) or as a director of another SEC-reporting entity during the last completed fiscal year.

| Compensation Committee Report |

The following report of the Human Capital and Compensation Committee shall not be deemed to be "soliciting material," or to be "filed" with the SEC, and will not be deemed to be incorporated by reference into any filing by Farmer Mac under the Securities Act or the Exchange Act, unless Farmer Mac specifically requests that the information be treated as soliciting material or specifically incorporates the report by reference into a document.

The Human Capital and Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis in this Proxy Statement with management, and, based on that review and discussion, has recommended to the Board of Directors that the Compensation Discussion and Analysis be included in this Proxy Statement. This report of the Human Capital and Compensation Committee shall be deemed "furnished" in Farmer Mac's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 .

#### Human Capital and Compensation Committee
| Todd P. Ware, Chair |     | Chester J. Culver    |
| Richard H. Davidson |     | James R. Engebretsen |
| Sara L. Faivre      |     | Kevin G. Riel        |

| 47 |

| EXECUTIVE COMPENSATION GOVERNANCE |

| Executive Compensation |

#### Summary Compensation Table
The following table provides information about the compensation awarded to, earned by, or paid to Farmer Mac's named executive officers for the fiscal year ended December 31, 2024, as well as the two previous fiscal years, if applicable.

|                                       |     |      |     |        |     |         |     |          |     |           |     | Equity-Based Awards |     |         |     |          |     |           |     |                 |