Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 10

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 10
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, Board functions and responsibilities, Board committees, director qualification standards, director resignations, director retirements, access to management and independent advisors, director compensation, management succession, director orientation and continuing education and Board and committee performance evaluations. The Board’s Nominating and Corporate Governance Committee is responsible for assessing and periodically reviewing the adequacy of the Governance Guidelines and will recommend to the Board, as appropriate, proposed changes to the Governance Guidelines. The Governance Guidelines can be found on our website at www.mfafinancial.com. We will also provide the Governance Guidelines, free of charge, to stockholders who request them. Requests should be directed to the attention of our Secretary at MFA Financial, Inc., One Vanderbilt Avenue, 48th Floor, New York, New York 10017. Majority Voting for Directors/Director Resignation Policy. Our current Bylaws provide that a nominee for director will be elected by receiving the affirmative vote of a majority of the total votes cast for and against the election of such nominee at a meeting of

| MFA Financial, Inc. | 6 | 2025 Proxy Statement |

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stockholders duly called and at which a quorum is present in a non-contested election (i.e., where the number of nominees is the same as the number of directors to be elected). Under the terms of our Governance Guidelines, if a nominee for director who is an incumbent director is not elected by the vote required in our current Bylaws, and with respect to whom no successor has been elected, the director is required to promptly tender to the Board their offer to resign from the Board. Upon the recommendation of the Nominating and Corporate Governance Committee, and no later than the next regularly scheduled Board meeting to be held at least ten days after the date of the election, the Board will decide whether or not to accept such offer to resign, and thereafter, it will promptly and publicly disclose its decision. The nominee may address the Nominating and Corporate Governance Committee and/or the Board but may not be present during deliberations or voting on whether to accept their resignation. If the Board determines not to accept the director’s offer to resign, the director will continue to serve on the Board until the next annual meeting of stockholders and until the director’s successor is duly elected and qualified or until the director’s earlier resignation or removal. The Board may consider any factors it deems relevant in deciding whether to accept a director’s resignation. In a contested election, the director nominees who receive a plurality of votes cast