Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 57

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 57
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 by Item 402(b) of Regulation S-K with management and, based
on such review and discussions, the compensation committee recommended to the Board of Directors that the Compensation Discussion and
Analysis be included in this Proxy Statement.

Gerard Creagh, Chair
Kevin G.
Chavers
Debra W. Still

The Compensation Committee Report
above does not constitute “soliciting material” and will not be deemed “filed” or incorporated by reference into
any of our filings under the Securities Act of 1933 or the Securities Exchange Act of 1934 that might incorporate our SEC filings by reference,
in whole or in part, notwithstanding anything to the contrary set forth in those filings.

<div align='center'>Summary Compensation Table</div>

The table below sets forth the
aggregate compensation we paid or accrued with respect to the fiscal years ended December 31, 2024, 2023, and 2022, to our Chief Executive
Officer, our Chief Financial Officer, and our three other executive officers serving in their positions on December 31, 2024.

| Name                                  
 and Principal Position (1)            | Year |   Salary 
  ($) (2) |       Bonus 
         ($) |         Stock 
        Awards 
       ($) (3) |     Non-Equity 
 Incentive Plan 
   Compensation 
        ($) (4) |          All 
        Other 
 Compensation 
      ($) (5) |      Total 
        ($) |
| Phillip                               
 J. Kardis II                          | 2024 | $850,000 |          $0 |    $2,617,466 |     $3,302,163 |      $20,700 | $6,790,329 |
| President,                            
 Chief Executive Officer and Director  | 2023 | $850,000 |          $0 |    $2,670,453 |     $2,606,625 |      $19,800 | $6,146,878 |
|                                       | 2022 | $750,000 |          $0 |    $1,463,378 |     $3,712,500 |      $18,300 | $5,944,178 |
| Subramaniam                           
 Viswanathan                           | 2024 | $700,000 |          $0 |    $1,215,257 |     $1,358,963 |      $20,700 | $3,294,920 |
| Chief                                 
 Financial Officer