Company: CHMI-PB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001140361-25-014748
Chunk: 55

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 55
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| • | The resulting ratio of Mr. Lown’s annual total compensation to the total compensation of our median employee is 4 to 1. |

We believe our ratio represents a reasonable estimate, calculated in a manner consistent with SEC regulations, based on the following methodology: As of December 31, 2024, we had 12 employees, all of whom were located in the United States and working full-time for our Company. To identify the median employee, we calculated the total 2024 compensation for all employees, excluding the CEO, in accordance with the requirements of the Summary Compensation Table for the relevant period of the year ended December 31, 2024. We then ranked the employees in ascending order by their total compensation. The employee in the middle position of this ranking was identified as our median employee.

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TABLE OF CONTENTS PROPOSAL NO. 2: APPROVAL, ON A NON-BINDING ADVISORY BASIS, OF THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS Pursuant to Section 14A of the Exchange Act and Section 951 of the Dodd-Frank Act, we are providing stockholders with an opportunity to vote, on a non-binding advisory basis, on the compensation of our NEOs as disclosed in this Proxy Statement in accordance with SEC rules. The advisory vote on executive compensation described in this proposal is commonly referred to as a “say-on-pay vote.” This proposal gives our stockholders the opportunity to express their views on the overall compensation of our NEOs and the philosophy, policies and practices described in this Proxy Statement. This vote is not intended to address any specific item of the compensation and is not a vote on our general compensation policies, compensation of the Board or our compensation policies as they relate to risk management. For the reasons discussed above, we are asking our stockholders to indicate their support for our named executive officer compensation by voting for the following resolution at the Annual Meeting: “RESOLVED, that the compensation of the Company’s NEOs, as disclosed in this Proxy Statement pursuant to Item 402 of Regulation S-K (which disclosure includes the Compensation Discussion and Analysis, compensation tables and any related narrative discussion disclosed in this Proxy Statement), is hereby approved.” The say-on-pay vote is advisory only, and therefore it will not bind us or the Board. The Board and the Compensation Committee will consider the voting results as appropriate when making future decisions regarding executive compensation. The Board recommends a vote “FOR” the approval, on a non-binding advisory basis