Company: MITN
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001514281-25-000033
Chunk: 50

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 50
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 Company, alongside private funds managed by TPG Angelo Gordon, formed Mortgage Acquisition Holding I LLC (“MATH”) to conduct a residential mortgage investment strategy. MATH in turn sponsored the formation of MATT to purchase predominantly Non-QM Loans. MATT made an election to be treated as a REIT beginning with the 2018 tax year. As of December 31, 2024, the Company has an approximate 47.0% interest in MATH. Refer to the “MATH Transaction” section below for additional details on the Company's increase in ownership interest during 2023. MATH, through its wholly owned subsidiary MATT, only holds risk-retention tranches from past securitizations which continue to pay down and the Company does not expect MATT to acquire additional investments.

Transactions under the Company's Affiliated Transaction Policy

The below table details transactions where the Company purchased or sold assets from or to an affiliate of the Manager ($ in millions). The transactions were executed in accordance with the Company's Affiliated Transaction Policy. Refer to the “Transactions with Arc Home” section above for additional information related to transactions with Arc Home, which are excluded from the table below.

| Date          |     | Transaction                            |     | Fair Value (1) |     |     | Pricing Methodology             |
|:--------------|:----|:---------------------------------------|:----|:---------------|----:|:----|:--------------------------------|
| June 2023     |     | Purchase of Real Estate Securities     |     | $              | 0.3 |     | Competitive bidding process (2) |
| November 2023 |     | Purchase of Real Estate Securities (4) |     |                | 4.8 |     | Third party pricing vendors (3) |
| November 2023 |     | Purchase of MATH (4)                   |     |                | 0.9 |     | Third party pricing vendors (3) |

(1) As of the transaction date.

(2) The Company submitted an offer to purchase the securities from an affiliate in a competitive bidding process, which allowed the Company to confirm third-party market pricing and best execution.

(3) Pricing was based on valuations prepared by third-party pricing vendors in accordance with the Company's policy.

(4) Refer to the “ MATH Transaction ” below.

MATH Transaction

In November 2023, the Company's 44.6% allocation of certain bonds retained from past securitizations and held through its