Company: MFAN
Filing Date: 2025-05-30
Form Type: 11-K
Source: 0001055160-25-000011
Chunk: 10

Company: MFA FINANCIAL, INC.
Filing Date: 2025-05-30
Form: 11-K
Chunk 10
---
 | 35,432,921 |

| 9 |

#### MFA FINANCIAL, INC. 401(K) SAVINGS PLAN

### Notes to the Financial Statements

#### December 31, 2024
<div align='center'>Investment Assets at Fair Value as of December 31, 2023</div>

|                                    |     | Level 1 |            |     | Level 2 |         |     | Level 3 |   |     | Total |            |
|:-----------------------------------|:----|:--------|-----------:|:----|:--------|--------:|:----|:--------|:--|:----|:------|-----------:|
| Common and preferred stocks        |     | $       |  4,861,263 |     | $       |       — |     | $       | — |     | $     |  4,861,263 |
| Mutual funds and other investments |     |         | 21,300,889 |     |         |       — |     |         | — |     |       | 21,300,889 |
| Government bond                    |     |         |          — |     |         | 318,922 |     |         | — |     |       |    318,922 |
| Cash and cash equivalents          |     |         |  1,194,359 |     |         |       — |     |         | — |     |       |  1,194,359 |
| Total Assets at fair value         |     | $       | 27,356,511 |     | $       | 318,922 |     | $       | — |     | $     | 27,675,433 |

5. Party-in-Interest and Related Party Transactions

The Trustee and the Company are parties-in-interest with respect to the Plan. The Plan’s investments are held by the Trustee, and certain of the investment options available to participants include investments managed by the Trustee and its affiliates. Transactions between the Plan, and the Trustee and its affiliates, are exempt from the prohibited transactions rules under ERISA.

Common and Preferred stock of MFA Financial, Inc.

As of December 31, 2024, participants in the Plan held 28,953 shares of MFA Financial, Inc. Common Stock valued at $296,212 and 5,347 shares of MFA Financial, Inc. 7.50% Series B Cum