Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 45

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 45
---
 aim to generate consistent earnings in order to deliver those sustainable
and growing dividends by carefully managing our equity capital, using an appropriate amount of debt leverage, managing our cost of capital,
and selecting appropriate investments that will yield strong levels of net investment income and total shareholder return. ROE and Economic
Return encapsulate all these critical activities, and delivering stronger ROE and Economic Return than our competitors for investor capital
directly connects our management team to the efforts valued most closely by our stockholders.

<div align='center'>25</div>

2024 Strategic Goals (30% of weighting) over Annual Cash Bonus Measurement Period. Achievement of strategic goals by each named executive officer is a component
(weighted 30%) of performance measurement for purposes of determining actual Annual Cash Bonus amounts. As with the other components of
the Annual Cash Bonus, the strategic goals component had a potential achievement range of 0% to 200%. The compensation committee exercised
its discretion in setting the strategic goals for each named executive officer and in determining such named executive officer’s
level of achievement of such strategic goals during the 2024 calendar year.

With respect to Mr. Kardis,
the compensation committee determined achievement at 200% of his target level for his leadership role in the Company’s achievements,
as outlined above in “—2024 Performance Highlights.” In particular, the compensation committee noted Mr. Kardis’
overall leadership in shaping the strategic vision of the Company in 2024 and executing on that strategic vision, particularly in positioning
the Company for future opportunities through both organic and external growth, including the acquisition of Palisades. Mr. Viswanathan
was determined to have achieved at 175% of his target level for his role in the Company’s achievements, as outlined above in “—2024
Performance Highlights.” In addition, the compensation committee noted Mr. Viswanathan’s role in managing the Company’s
cash flow and capital raising activities, enhancing the Company’s accounting, finance, tax and internal control functions, and successfully
integrating Palisades’ accounting function into the Company’s public company accounting framework. Mr. Thakkar was determined
to have achieved at 125% of his target level for his role in the Company’s achievements, as outlined above in “—2024
Performance Highlights.” In addition, the compensation committee noted Mr. Thakkar’s role in refreshing the Company’s
capital allocation strategy, thought leadership on liquidity, leverage and risk management, and enhancing the Company’s deal surveillance
and