Company: TWO-PC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001465740-25-000090
Chunk: 47

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 47
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 Ms. Sandberg, $1,562,934 for Mr. Rush, and $1,389,269 for Ms. Riskey.

(4) Annual cash incentive compensation reflects compensation earned in connection with the performance year noted, but which was awarded and paid in the following year.

(5) Previously reported Other Compensation amounts for 2022 and 2023 include the value of dividends and distribution on unvested RSUs; however, for 2024, in accordance with SEC disclosure rules, we have excluded the value of dividends and distributions on RSUs given the grant date fair value of the RSUs granted in 2022, 2023 and 2024 reflect the value of potential dividends and distributions.

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#### Grants of Plan-Based Awards for Fiscal Year 2024
We grant cash and equity incentive awards to our named executive officers. During 2024, plan-based awards granted to our named executive officers included annual cash incentive awards, RSU awards and PSU awards. More details on these grants can be found in the section titled “ Compensation Program Elements ” beginning on page 27 . The following table summarizes each plan-based award granted to our named executive officers during the fiscal year ended December 31, 2024.

| Name(1)             |     |                             |     |         |     | Grant Date |     |                 |   Estimated Future Payouts Under 
 Equity Incentive Plan Awards (2) |     |         |     |         |     | Payout Under Non-Equity Incentive Plan Awards (3)($) |            |     | All Other Stock Awards: 
 Number of Shares (4)    |     |         | Grant Date Fair Value of Stock Awards (5)($) |            |
| Threshold           |     | Target                      |     | Maximum |     |            |     |                 |                                  |     |         |     |         |     |                                                      |            |     |                         |     |         |                                              |            |
| William Greenberg   |     |                             |     |         |     |            |     |                 |                                  |     |         |     |         |     |                                                      |            |     |                         |     |         |                                              |            |
|                     |     | 2021 Plan, RSUs             |     |         |     |            |     | January 8, 2024 |                                  |     |         |     |         |     |                                                      |            |     |