Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 18

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 18
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 ownership level until six months after termination of employment. Unvested time-vesting
restricted stock units count towards the ownership requirement, but unvested performance stock units do not.

Our Board of Directors believes
that these stock ownership and retention requirements further align the interests of the members of our Board of Directors and our named
executive officers with the long-term interests of our stockholders by requiring a meaningful portion of compensation be held as shares
of our common stock.

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Insider Trading Policy

Our Insider Trading Policy contains
policies and procedures governing the purchase, sale and/or other dispositions of our securities by our directors, officers or other employees.
Such policies and procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing
standards applicable to us. A copy of our Insider Trading Policy was filed as Exhibit 19 to our Annual Report on Form 10-K for the fiscal
year ended December 31, 2024.

Anti-Hedging/Pledging Policy

Our Corporate Governance Guidelines
prohibit all directors, employees and officers from engaging in any hedging transactions with respect to shares of our common stock, including,
without limitation, options, short sales, puts, calls, derivative actions such as forwards, futures or swaps. The policy applies to all
shares owned by the individual, whether acquired through our equity award programs, open market acquisitions, or otherwise. The policy
also prohibits the Company’s executive officers and directors from holding Company securities in a margin account or pledging Company
securities as collateral for a loan. The Company’s Insider Trading Policy includes similar prohibitions on hedging transactions,
the use of margin accounts and the pledging of Company securities.

Reporting Concerns Policy

As part of our commitment to
transparency and ethical behavior, we have adopted a reporting concerns policy and have made a third-party managed hotline available.
The Reporting Concerns Policy establishes policies and procedures for submission of suspected violations, receipt, retention and treatment
of such potential violations, and the protection of individuals reporting suspected violations from retaliatory actions. Received reports
are referred to the chair of the audit committee, and for any complaints that pertain to subjects outside of the responsibility of the
audit committee, the Company’s Chief Legal Officer, who is then responsible for managing follow-up actions and managing an investigation
as required, depending on the nature and complexity of the complaint. The identity of reporting employees is kept confidential unless
disclosure is required by law