Company: MITN
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001514281-25-000033
Chunk: 33

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 33
---
        — |
| Change in Fair Value of Prior Year Stock Awards                   |     |      |        — |
| Fair Value of Stock Awards Forfeited                              |     |      |        — |
| Value of Dividends on Unvested Stock Awards                       |     |      |        — |
| Compensation Actually Paid                                        |     | $    |  166,250 |

(4) The dollar amounts reported represent the amount of net income reflected in our audited consolidated financial statements for the applicable year (rounded to the nearest thousand).

#### Relationship Between Pay and Performance
The relationship between the “compensation actually paid” (“CAP,” as calculated pursuant to Item 402(v)(2) of Regulation S-K) to our PEO and to non-PEO NEOs, with (i) our cumulative TSR, and (ii) our net income, in each case, for the fiscal years ended December 31, 2024 and 2023 is described as follows:

We did not pay any compensation to our PEO or Non-PEO NEOs in 2023. We did not pay any compensation to our PEO in 2024. From 2023 to 2024, the average CAP to our Non-PEO NEOs increased 100% from zero to $166,250, which is solely due to the 2024 Equity Grants awarded to Mr. Rossiello and Ms. Neslin. From 2023 to 2024, the Company’s TSR increased by approximately 64.7% from 35.6% to 58.7%, based on an investment of $100 in the Company’s common stock on the last trading day of the fiscal year 2023 to 2024, and our net income increased by approximately 3.6%, from $53,784,000 to $55,737,000.

Compensation Policies and Practices as They Relate to Risk Management

Other than the 2024 Equity Grants, we did not pay any compensation of any kind to our named executive officers and did not have any employees during the year ended December 31, 2024. Therefore, our compensation policies and practices are not reasonably likely to have a material adverse effect on us. We pay our Manager a management fee that is a percentage of our stockholders’ equity, as that term is defined in the management agreement. We believe this management fee structure helps guard against our Manager making higher risk investments to achieve higher management fees as might be the case if the management