Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 21

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 21
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iting services for the purpose of maintaining the independence of MFA’s independent registered public accounting firm. The Audit Committee received periodic updates on the amount of fees and scope of audit and other professional services provided. Based on the Audit Committee’s review and the outcome of these meetings, discussions and reports, and subject to the limitations on the Audit Committee’s role and responsibilities referred to above and in its written charter, the Audit Committee recommended to the Board, and the Board has approved, that MFA’s audited consolidated financial statements for the fiscal year ended December 31, 2024, be included in the Company’s Annual Report on Form 10-K filed with the SEC and 2024 Annual Report to Stockholders. The Audit Committee has also selected and appointed KPMG LLP as MFA’s independent registered public accounting firm for the fiscal year ending December 31, 2025, and is presenting this appointment to the Company’s stockholders for ratification.

| MFA Financial, Inc. | 15 | 2025 Proxy Statement |

TABLE OF CONTENTS Audit Committee Lisa Polsky, Chair Robin Josephs Laurie S. Goodman Christopher Small* *Mr. Small was appointed to the Audit Committee in March 2025 and did not participate in the Audit Committee actions reported above. The foregoing Report of the Audit Committee shall not be deemed under the Securities Act of 1933, as amended, or the Exchange Act to be (i) “soliciting material” or “filed” or (ii) incorporated by reference by any general statement into any filing made by us with the SEC, except to the extent that we specifically incorporate such report by reference.

| MFA Financial, Inc. | 16 | 2025 Proxy Statement |

TABLE OF CONTENTS

Compensation of Non-Employee Directors Pursuant to the terms of its charter, the Compensation Committee is responsible for reviewing and making recommendations to the Board with respect to the compensation of the non-employee directors (the “Non-Employee Directors”) on the Board. At present, we have the following compensation program for Non-Employee Directors:

| • | an annual cash retainer of $100,000, which retainer is payable in equal quarterly installments in arrears. |

| • | an annual grant to each director under the Company’s Equity Compensation Plan of fully-vested shares of our Common Stock or fully-vested stock units (“RSUs”) with a grant value of $150,000. |

| • | an annual cash retainer for service on