Company: AGM-PH
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0000845877-25-000143
Chunk: 90

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 90
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. Carpenter and Mullery the difference between her or his current base salary and the amount of disability insurance payments received by her or him under Farmer Mac's long-term disability policy during the 12 months following termination. If Mr. Nordholm is not eligible for, or is otherwise not covered by, disability insurance, upon execution of a separation agreement, Farmer Mac would continue to pay Mr. Nordholm's then-current base salary during the 12 months following termination.

None of the named executive officers are eligible to receive additional payments upon a change-in-control of Farmer Mac.

#### Equity Compensation Plans
The following table provides information relating to compensation plans under which equity securities are authorized to be issued as of December 31, 2024:

| Plan category                                          |     | Number of securities 
    to be issued upon 
          exercise of 
  outstanding options 
   or SARs or vesting 
              of RSUs |     |     Weighted average 
    exercise price of 
  outstanding options 
 and SARs (per share) |     | Number of securities 
  remaining available 
  for future issuance 
         under equity 
   compensation plans |
| Equity compensation plans not approved by stockholders |     |                    — |     |                    — |     |                    — |
| Equity compensation plans approved by stockholders     |     |              203,628 |     |              $110.35 |     |            1,022,829 |

As of December 31, 2024, SARs covering 509,869 shares (net of canceled shares, shares retained by Farmer Mac to satisfy withholding obligations, and shares disposed to Farmer Mac upon exercise) and 967,302 shares related to the vesting of RSUs (net of canceled shares) had been granted under the Amended and Restated 2008 Omnibus Incentive Plan, leaving 1,022,829 shares of Class C Non-Voting Common Stock available for future issuance of grants under the plan as of that date. The outstanding SARs granted under the Amended and Restated 2008 Omnibus Incentive Plan during have a weighted average exercise price of $110.35 per share.

| 56 |

| EXECUTIVE COMPENSATION GOVERNANCE |

#### CEO Pay Ratio
Median Employee

Under regulations implemented by the SEC under the Dodd-Frank Act, Farmer Mac must disclose the ratio of annual total compensation of its Chief Executive Officer to the median total compensation of all of Farmer Mac's employees (excluding the Chief Executive Officer) for