Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 72

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 72
---
 2025 Proxy Statement |

TABLE OF CONTENTS Compensation Committee Report While MFA’s management has the primary responsibility for our financial reporting process, including the disclosure of executive compensation, the Compensation Committee has reviewed and discussed with management the Compensation Discussion and Analysis set forth in this Proxy Statement. Based on such review and discussions, the Compensation Committee is satisfied that the Compensation Discussion and Analysis fairly represents the philosophy, intent and actions of the Compensation Committee with regard to executive compensation. The Compensation Committee recommended to the Board, and the Board approved, that the Compensation Discussion and Analysis be included in this Proxy Statement. Compensation Committee Robin Josephs, Chair Christopher Small* Sheila A. Stamps Richard C. Wald *Mr. Small was appointed to the Compensation Committee in March 2025 and did not participate in the Compensation Committee actions and decisions reported above. The foregoing Compensation Committee Report shall not be deemed under the Securities Act of 1933, as amended, or the Exchange Act, to be (i) “soliciting material” or “filed” or (ii) incorporated by reference by any general statement into any filing made by us with the SEC, except to the extent that we specifically incorporate such report by reference.

| MFA Financial, Inc. | 55 | 2025 Proxy Statement |

TABLE OF CONTENTS

Compensation of Named Executive Officers The following table summarizes the compensation of our Named Executive Officers for the years ended December 31, 2024, 2023 and 2022. Summary Compensation Table

| Name and                         
 Principal Position               |     |    Year |     |  Salary 
       $ |     |     Bonus 
      $(1) |     | Stock Awards 
         $(2) |     |     Non-Equity 
 Incentive plan 
   Compensation 
           $(3) |     |    All Other 
 Compensation 
         $(4) |     |     Total 
         $ |
| C. L. Knutson                    |     |    2024 |     | 800,000 |     |   500,000 |     |    4,000,017 |     |      2,767,350 |     |       13,800 |     | 8,081,167 |
| Chief Executive Officer          |     |    2023 |     | 800,000 |     |   625,000 |     |    4,000,015 |     |      1,202,325 |     |       13,200