Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 33

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 33
---
5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| (6) | Mr. Yarlagadda served as our President, Chief Operating Officer, Co-Chief Investment Officer and Director until March 15, 2024. Based solely on information contained in a Form 4 filed by Mr. Yarlagadda with the SEC on February 26, 2024. Includes 122,095 shares of common stock held by members of Mr. Yarlagadda’s family. (Share amounts in the preceding sentence have been adjusted to reflect our 1-for-3 reverse stock split effected on May 21, 2024.)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

| EXECUTIVE COMPENSATION – COMPENSATION 
 DISCUSSION AND ANALYSIS               |

Compensation Discussion and Analysis

Our Compensation Discussion and Analysis
describes the key features of our executive compensation program and the compensation committee’s approach in deciding 2024 compensation
for our named executive officers.

Our named executive officers for 2024
are the following:

<div align='center'>16</div>

| Name                          | Age* | Title (as of last day of 2024)                                                                  |
| Phillip J. Kardis II          |   63 | President, Chief Executive Officer and Director                                                 |
| Subramaniam Viswanathan       |   53 | Chief Financial Officer                                                                         |
| Jack L. Macdowell, Jr. (1)    |   51 | Chief Investment Officer                                                                        |
| Sudhanshu “Dan” Thakkar(1)(2) |   54 | Chief Credit & Risk Officer                                                                     |
| Miyun Sung                    |   50 | Chief Legal Officer and Corporate Secretary                                                     |
| Choudhary Yarlagadda(3)       |   63 | Former President, Chief Operating Officer, and Co-Chief Investment Officer; and Former Director |

*as of June 10, 2025

(1) On
December 2, 2024, Mr. Macdowell joined the Company as Chief Investment Officer and Mr. Thakkar was appointed as Chief Credit & Risk
Officer of the Company.

(2) On
April 2, 2025, Mr. Thakkar ceased to serve as the Chief Credit & Risk Officer of the Company as mutually agreed between Mr. Thakkar
and the Company.

(3) Mr. Yarlagadda served as our President, Chief Operating Officer, Co-Chief