Company: AGM-PH
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0000845877-25-000143
Chunk: 89

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 89
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 31, 2024. None of these individuals would have been eligible to receive any payments upon resignation or retirement as of December 31, 2024.

The following table shows the total that would be payable to each of Ms. Ramesh and Messrs. Nordholm, Carpenter, and Mullery upon a termination without cause occurring as of December 31, 2024:

| Name1                |     | Base Salary |     | Non-Equity Incentive Compensation |     |      Total |
| Bradford T. Nordholm |     |    $800,000 |     |                          $800,000 |     | $1,600,000 |
| Aparna Ramesh        |     |    $540,000 |     |                          $270,000 |     |   $810,000 |
| Zachary N. Carpenter |     |    $465,000 |     |                          $348,750 |     |   $813,750 |
| Stephen P. Mullery   |     |    $500,000 |     |                          $200,000 |     |   $700,000 |

1 As of December 31, 2024, each of Ms. Ramesh and Messrs. Nordholm, Carpenter, and Mullery would have also received all base salary accrued and unpaid as of the applicable date of termination and also would have been entitled to continuation of health care coverage under COBRA at Farmer Mac's expense for 12 months.

The following table shows the total that would be payable to each of the current named executive officers upon a termination without cause due to disability occurring as of December 31, 2024:

| Name1                |     | Base Salary |     | Non-Equity Incentive Compensation |     |    Total |
| Bradford T. Nordholm |     |    $800,000 |     |                                $0 |     | $800,000 |
| Aparna Ramesh        |     |    $540,000 |     |                                $0 |     | $540,000 |
| Zachary N. Carpenter |     |    $465,000 |     |                                $0 |     | $465,000 |
| Stephen P. Mullery   |     |    $500,000 |     |                                $0 |     | $500,000 |

1 In the event of a termination without cause due to a disability, Farmer Mac would pay each of Ms. Ramesh and Messrs