Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 95

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 95
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uant to Section 14A of the Exchange Act, and in accordance with the Board’s determination, based on the recommendation of the Compensation Committee, we are seeking an advisory (non-binding) vote on the compensation of our Named Executive Officers (as defined in “Compensation Discussion and Analysis” of this Proxy Statement) as disclosed on pages 32to 62of this Proxy Statement. Stockholders are being asked to vote on the following advisory resolution at the Annual Meeting: “RESOLVED, that the stockholders of MFA Financial, Inc. approve, on an advisory basis, the compensation of MFA’s Named Executive Officers as disclosed in the Proxy Statement for the 2025 Annual Meeting of Stockholders, including the Compensation Discussion and Analysis, Summary Compensation Table and other related tables and disclosures.” This proposal, commonly known as a Say-on-Pay proposal, gives our stockholders the opportunity to express their views on the compensation of our Named Executive Officers. This vote is not intended to address any specific item of compensation, but rather the overall compensation of our Named Executive Officers and the principles, policies and practices described in this Proxy Statement. As this is an advisory vote, the result will not be binding on the Company, the Board or the Compensation Committee, although the Compensation Committee will consider the outcome of the vote when evaluating our compensation principles, program design and practices. You are encouraged to consider the description of the Compensation Committee’s executive compensation philosophy and its decisions in the “Compensation Discussion and Analysis” section of this Proxy Statement. Vote The Board recommends that stockholders vote “FOR”the approval of the Advisory (Non-Binding) Resolution to Approve the Compensation of our Named Executive Officers disclosed in this proxy statement.

| MFA Financial, Inc. | 77 | 2025 Proxy Statement |

TABLE OF CONTENTS

Proposal 4. Approval of the MFA Financial, Inc. Equity Compensation Plan, as Amended and Restated We currently maintain the Existing Plan, which was originally effective as of May 20, 2010, and most recently amended and restated effective June 6, 2023. In April 2025, the Board adopted, subject to stockholder approval, the Amended Plan, which is an amendment and restatement of the Existing Plan. Vote The Board recommends a vote “FOR”the approval of the MFA Financial, Inc. Equity Compensation Plan, as Amended and Restated. Principal Changes Stockholder approval of the Amended Plan is being sought in order to (1) authorize additional shares