Company: AGM-PH
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0000845877-25-000143
Chunk: 22

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 22
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 nomination to be proper, it must be in proper written form and be accompanied by the documentation prescribed in "Nominee Eligibility" below. The content of the advance notice for director nomination must include specified representations from the stockholder and provide detailed information about, among other things, the nominating person, stock ownership and related filing obligations under the Exchange Act, each proposed nominee, and certain compensation arrangements.

Nominee Eligibility. Prospective director nominees must satisfy specified requirements to be eligible for nomination by a stockholder for election as a director, including requirements to deliver a written questionnaire prescribed by Farmer Mac about the background and qualifications of the proposed nominee and a written representation and agreement in the form prescribed by Farmer Mac. Farmer Mac's Secretary will provide the forms of written questionnaire, representation, and agreement described in this paragraph upon written request by the stockholder. Farmer Mac's Secretary must receive these completed documents within the timeframe specified in this section to be considered timely notice .

| The By-Laws provide that, at a minimum, a proposed nominee must:                                                                                                                                                                        |
| • be a natural person over 21 years of age;                                                                                                                                                                                             |
| • be a U.S. citizen (which includes a naturalized citizen);                                                                                                                                                                             |
| • be financially literate (i.e., able to read and understand financial statements and comprehend general financial concepts);                                                                                                           |
| • have some knowledge about one or more areas of Farmer Mac's business;                                                                                                                                                                 |
| • not have been convicted of any criminal offense involving dishonesty or a breach of trust;                                                                                                                                            |
| • not have been found to have violated any provision of the Farm Credit Act of 1971, any banking laws, or any federal or state securities laws, including but not limited to, the Securities Act or the Exchange Act;                   |
| • not have had a professional license suspended or revoked; and                                                                                                                                                                         |
| • satisfy such other criteria for service as may be imposed by applicable law, including, but not limited to, the rules and regulations of the SEC and any national securities exchange where Farmer Mac's shares are listed or traded. |

Stockholders are encouraged to review Farmer Mac's By-Laws containing the requirements described in this section, which were included as Exhibit 3.2 to Farmer Mac's Quarterly Report on Form 10-Q filed with the SEC on May 6, 2024.

| Information about Nominees for Director |

Each of the Nominees has consented to being named in this Proxy Statement and to serve if elected. Each of the