Company: CHMI-PB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001140361-25-014748
Chunk: 46

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 46
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 contributions to our strategic initiatives. 2025 LTIP Awards In December 2024, the Compensation Committee decided not to grant any LTIP Units to our NEOs. This decision was primarily driven by the significant transition to an internally managed structure, which the Compensation Committee believes necessitates a comprehensive evaluation and redesign of our compensation policies and practices, including the design of any time-based and performance-based equity awards and the metrics required for our NEOs to earn those awards. As a result, the Compensation Committee concluded that foregoing LTIP awards for the year was a prudent measure, reflecting both the ongoing compensation redesign process and the need to align executive compensation with the company’s performance and the performance of each of our NEOs. The Compensation Committee has not recommended, and the Company has not granted, any equity awards to our NEOs in 2025 to date. The Committee will continue to evaluate equity compensation as the year progresses, ensuring that any future awards align with the company’s performance and strategic objectives. Role of Our President and CEO in Equity Compensation Decisions The Compensation Committee makes all equity compensation decisions related to our NEOs. The Compensation Committee receives input from Mr. Lown, our President and Chief Executive Officer, regarding the equity compensation and performance of our NEOs other than himself, including recommendations as to the equity compensation levels that he believes are commensurate with an individual’s job performance, skills, experience, qualifications, criticality to our company, as well as with our compensation philosophy, external market data and considerations of internal equity. Mr. Lown regularly attends meetings of the Compensation Committee, except when the Compensation Committee is meeting in executive session or when his own equity compensation arrangements are being considered. The Compensation Committee communicates its views and decisions regarding equity compensation arrangements for our NEOs to Mr. Lown, who is generally responsible for implementing such arrangements. 33

TABLE OF CONTENTS

Compensation Policies and Practices as They Relate to Risk Management Following the Internalization and since November 2024, the Compensation Committee oversees all of our executive compensation policies and practices. In structuring our executive compensation program, the Compensation Committee is focused on enhancing the alignment of interest between our executive management and our stockholders. Our Compensation Committee will annually consider whether our compensation policies and practices for all employees, including our executive officers, create risks that are reasonably likely to have a material adverse effect on our Company. In its review, the Compensation Committee is expected to consider including features that reduce the likelihood of excessive risk-taking in our compensation program, including the following:

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