Company: AOMN
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001766478-25-000028
Chunk: 20

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 20
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 Leadership Structure
The Board currently consists of eight (8) members, each of whom is serving for a term expiring at the Annual Meeting and when his or her successor is duly elected and qualifies.

Other than pursuant to our Corporate Governance Guidelines, which do not require the separation of the offices of the Chairman of the Board and the Chief Executive Officer, the Board has no fixed policy with respect to the separation of the offices of Chairman of the Board and Chief Executive Officer. The Board retains the discretion to determine, at any time, whether to combine or separate the positions as it deems to be in the best interests of the Company. Mr. Fierman does not qualify as an independent director under the applicable criteria for independence set forth in the listing standards of the NYSE. However, the Board has designated Mr. Minami, one of our independent directors, to serve as our lead independent director. The lead independent director’s duties include: (1) serving as a liaison between the chair of the Board and our independent directors; (2) serving as a liaison between management of the Company and our independent directors; (3) leading executive sessions of the Board; (4) having the authority to call meetings of our independent directors; (5) leading the Board in discussions concerning the performance of our Chief Executive Officer and the succession of our Chief Executive Officer; (6) approving meeting agendas and meeting schedules for the Board; (7) approving information sent to the Board; and (8) performing such other duties and responsibilities as requested by the Board. While it is the role of the lead independent director to review matters such as Board meeting agendas, meeting schedule sufficiency and, where appropriate, other information provided to the directors, all directors are encouraged to, and in fact do, consult with management on each of the above topics. The lead independent director and each of the other directors communicate regularly with the Chairman of the Board and our Chief Executive Officer and President regarding appropriate agenda topics and other matters related to the Board.

#### Board Executive Sessions
The independent members of the Board meet in executive session without management present at the conclusion of each regular Board meeting. Mr. Minami, our lead independent director, typically presides over these sessions and, in his absence, the other independent directors rotate as presiding director.

In addition to the aforementioned meetings of independent directors, the non-management directors (i.e., independent directors and interested directors not employed by any affiliate(s) of Angel Oak) of the Company meet in executive session without management at each regularly scheduled Board